Credito - Building Credit Intelligence Network

Credito is creating a decentralised, Ethereum based platform which will make the credit score tracking much easier. Main goal as we already mentioned is to prevent risky transactions before they even happen. Over the platform, borrowers are gonna be able to reach out to the lenders, no matter where they are located. This not only will provide greater security, but will also reduce costs, eliminate the middle man and the trust factor, and many more! As the project is built on Ethereum network, it will have smart contracts and ERC20 compatible tokens which will be used as a currency on the platform.

C R E D I T O

FINANCIAL INTELLIGENCE

Global Financial Intelligence Network to prevent Credit Risk, with the help of Live Transaction Scores

FINANCIAL INCLUSION

Financial Inclusion for the Credit Invisibles, with accurate and up to date Credit Scores

DECENTRALIZED LENDING

End-to-End Protocol and Marketplace for Secured, Decentralized, and Collateralized Lending

New projects are coming every day. Crypto currencies have exploded in 2017. It is necessary to be innovative. You must offer something new, something that will change the old system, something that will solve the problem in society or work, business, infrastructure… Who would have thought six years ago that would block chain technology entered into our lives and make so many changes. People want to be part of this revolutionary technology, they want to invest, they want to find more about these new projects who are launching every day.

One of this new projects is Credito. This is a project powered by block chain technology. The project is focused providing people better usage of crypto currency. They are using smart contracts on Ethereum network with ERC 20 compatible tokens. Tokens which are made for purpose of these project. Founders of Credito wanted to achieve that everyone could trace transactions. With this new platform, which is decentralized we will be able to track transactions, credit scores and many more. The market is suffering huge losses of hundreds of billions of dollars a year because of the exploitation of others work. There are many frauds and they are hard to trace. They have found a solution for this. Their goal is to create marketplace where you will have an ability to lend or maybe borrow some funds. There will be no third person involved, just those one who borrow and lend. Their communication will be better and faster. They can reach each other faster at any time, where they go, and the costs are lower. It will bring a revolutionary things in these field. That all is possible with a block chain technology. Lower fees are going to bring more new users on platform. They provide users utility tokens for various transactions. Block chain platform not only provides authoritative control of information but it also assures quick and accurate transactions. It is remarkable and very nice to see projects like this.

Credito is a project made by people who are highly competent. People who have with their knowledge and with a help of their people in team succeeded to make it happen. Team leader is Srikar Govindarajula . In the team with great block chain developers, marketing agents, SEM experts, and more others.

Credito Design Principles and Values.

Decentralization is not only the foundation of the tamperproof properties of blockchains, but the basis of their permissionless nature. By continuing to build decentralized systems, we aim to further enable permissionless development within Credito. We believe that decentralization is a crucial component for a globally thriving ecosystem with long-term sustainability.

Modularity for simple and flexible system design. We appreciate the philosophy of building small tools which do one thing well. Simple components can be easily reasoned about and thus securely combined into larger systems. We believe that modularity not only enables upgradable systems, but facilitates decentralization.

Secure, transparent and extensible systems.Credito is built for the community. We value the community and will engage continually with data scientists, domain experts, academics, and security experts for peer review. We encourage testing, audits, and formal proofs of security, all with the aim of creating a platform whose robustness and security can support future innovations.

Roadmap

More Information please visit:

Official Website: https://credito.io/
Whitepaper Link: https://credito.io/pdf/whitepaper.pdf
Telegram Channel: https://t.me/CreditoCommunity
Official Facebook Page: https://www.facebook.com/CreditoNetwork

Profile: https://bitcointalk.org/index.php?action=profile;u=994438;sa=summary

Eth : 0x44d86c22BE3671e37f0B7D84CC7f38DAA4F7AD99