Public register and ledger

Public register and ledger

This system monitors and displays each action done within the framework of the Credits blockchain network.

All payments, currencies or digital assets, transfers and smart contracts are opened and can be confirmed in the public register.

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Displaying the record of past actions and changes

Recording transactions or transfers of value

Displaying execution of smart contracts

Unchangeable transactions data

Companies and services can use the public transactions register as proof of the confirmation of performed actions. To use the registry, you must have information about the accounts and smart contracts. Using these entries, the information will be displayed and actions will be performed in applications, on the site and on the service (the Credits transaction browser or on third-party resources providing similar services).

The Credits network does not have a central administrative body or an administrator. Owners of the nodes do not have the ability to delete or modify the recorded data at their own discretion. The main feature of using the public transactions register in the Credits blockchain is its complete decentralization and the permanency of the transaction record.

Features

The transaction recorded in the public registry can not be canceled.

The appearance of a smart contract in the registry means its execution.

Proof of fulfillment of obligations for both parties involved in the contract.

The data stored in the public register is open to the general public.

Transaction registers are an important element of an open global economy.

Technical advantages

Only the addition of data to the block must be paid for.

There is no need to administer the data.

Easy access and easy to search.

Free access to stored information at any time.

Control of the access to information by other users.

A large number of nodes distributed throughout the world.

High speed of information exchange with the repository.

Recording and reading via both the Credits client and the API / SDK.

Contact us

We have a strong team of programmers and support offering:

Consultations on how to use technologies

Help with PoC (proof of concept) and MVP development

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