The year 2019 is coming to a close and every organization is in a hurry to tally up the results of its activities and its achievements that have been reached throughout the 12 month reporting period. The Credits platform is also tallying up its achievements and the development team is proud to present the 2019 Annual Report, which lists the main milestones the platform reached over the year.
Credits is a fully decentralized, blockchain-based infrastructure platform operating on the basis of the innovative Proof of Agreement protocol. The infrastructure is designed to allow various industries to take advantage of blockchain technologies and issue tokens or launch decentralized applications.
The main goal of the project is to popularize the use of blockchain technologies among small and medium-sized businesses and ensure the permeation of the Credits platform’s solutions throughout various industries. The use of Credits platform-based solutions will allow businesses to make use of smart contracts and high transaction speeds for refraining from the services of intermediaries and increasing the effectiveness of doing business. By reducing expenses through the use of the versatile Credits blockchain platform, businesses will be able to reduce the end prices of their products and services for buyers and thus contribute to the growth of their domestic economies in the long-run.