News Oct 08 ,2019

The Russian Centre for Socio-Economic Development Launches a Document Management System on the Credits Blockchain Platform

The “TransRossica” publishing company of the “Stolypin Center” Development Organization is implementing a pilot project for storing data on the Credits public blockchain. The agreement aims to create a specialized archive of documents on significant people of the history of Russia.

The joint service allows storing documents and materials about various historical persons on the blockchain, which will be a reliable source for preserving the cultural heritage, real historical chronicles, and facts. The project makes it possible to ensure the uniqueness, authenticity, and integrity of archives.  

The structure of the Credits blockchain platform guarantees the impossibility of falsification or unexpected changes in archive data. Confidence in the information stored on the blockchain becomes complete, and access to data can only be obtained through a complex system of verification and authentication. Thus, the system will allow the “TransRossica” publishing company to protect the integrity of documents, create timestamps for recordings, replenish archives with additional records in the blockchain, provide data verification, and multi-level access to data.

The team of “TransRossica” publishing company is confident that the use of the Credits blockchain platform for storing data of national importance will ensure its safety and integrity for future generations. The modern technology has a clear advantage and will make an invaluable contribution to the security and privacy system.

“TransRossica” publishing company is one of the activities of the Stolypin Center Association for the Promotion of Regional Development in conducting educational work and implementing socially significant, educational, and cultural projects.

“Stolypin Center” Development Organization is implementing programs to improve human capital, stimulate entrepreneurial initiatives and restore historical memory, and also contribute to the socio-economic and cultural development of rural areas in post-Soviet Russia.

Credits is an open-source and decentralized blockchain platform for the development and execution of smart contracts and decentralized applications. The project offers public and private solutions suitable for B2C and B2B markets eliminating the problems of trust and uncertainty. The peculiarity of Credits is a high-speed decentralized blockchain platform that provides up to 1 million transactions per second with a confirmation time of a single transaction around 0.1 second and low fees around 0.001 USD. The platform is intended to develop standalone smart contracts and decentralized applications.

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