“We expect that helping CREDITS grow and develop their technology will also facilitate the growth of our incubator influence around the world and contribute to a broader usage of their technical solution in financial projects in the near future.
- The objectives to be accomplished by the lab will encompass joint initiatives aimed at developing distributed ledger, smart contract, and cryptocurrency technologies.
- Another line of business is exploring the potential for implementing these technologies into daily routine, adapting them to suit the needs of businesses, banking, the state and managerial decision-making.
- The third line of business is demonstrating the CREDITS platform’s strengths and broadening its community through joint events with Angel Fund, such as master classes, annual open house days, meetups, and conferences. The incubator has a dedicated spacious meeting facility. Overall, the Fund’s employees render full media support to startups, including PR, marketing, and events. For example, their immediate media partners include the organizers of blockchain summit Finwise and the owners of HK TV media.
Also, the innovation lab aims to develop and promote CREDITS blockchain platform, adapt it to meet the needs of businesses, governmental organizations, and financial institutions, tackle the challenges blockchain technologies are facing, such as network scalability, low transaction speeds, and high transaction fees
More About CREDITS
CREDITS is an open blockchain platform with autonomous smart contracts and the internal cryptocurrency. The platform is designed to create services for blockchain systems using self-executing smart contracts and a public data registry.
Also Read: How CREDITS Is Revolutionising Application Of Smart Contracts In Real Estate Industry
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