Showing results for tags 'payment system'.
Найдено: 1 результат
Pre-ICO funding has been officially announced from CREDO, a new generation multi-functional payment system based on an algorithm that involves the participation of an independent agent in the financial transactions. The main unit of account in CREDO system is an Electronic Certificate. The Electronic Certificate is an analog of a derivative financial instrument, also called a derivative, under which the parties (buyer and seller) assume the right or obligation to perform certain actions with respect to the underlying asset. As indicated in the project Whitepaper: “CREDO has a patent for the designed system. The functional of the business model of CREDO has already been provided with all the necessary software and hardware and confirmed by positive test results in Europe. CREDO is a real financial project with its own technical processing, POS terminals, and EMV Smart Cards.” The system acts as an agent between the buyer of goods and the seller, providing the parties with payment processing for a profitable transaction, and combining modern architectural solutions and firmly established banking standards. This approach gives a wide range of unique opportunities in the area of financial projects, from payments and lending to investments and use of any type of electronic currency in the real sector. For more Demo video