ICO Credito Network

What is Credito Network? 

Credito is a decentralized network of credit analyzes, operating on Ethereum and IPFS in combination with Smart Contracts. 

 Credito is a decentralized global financial decision platform that helps financial institutions assess the creditworthiness of an individual or organization. Credito Score can also be provided to people without a credit history or bank account. Credito's assessment of transactions helps agencies identify and prevent various attempts at financial fraud. 

 Platform offers: 

• Credit Score 
• Credito Transaction Indicator 
• CreDApp: Decentralized cryptographic credit platform with equal access. 

 We created Credito Network or simply Credito . A decentralized network based on the Ethereum block chain in combination with smart contracts and the interplanetary file system (IPFS7), providing a global decentralized financial solutions platform and a decentralized credit market. 

 What does Credito provide? 

1. Financial inclusion in Credit Invisibles by providing accurate and reliable credit scores. 
2. A decentralized mortgage lending market that provides a link between lenders and borrowers located anywhere in the world, eliminating physical restrictions and reducing traditional credit costs and management fees, thereby creating a better credit market than anything that is available today. 

 In the near future, Banks and Lenders will need Credito for: 

1. Receiving current and accurate credit scores.  
2. Credit card evaluations and online transactions in real time to prevent credit fraud. 
3. Obtain detailed information and templates for detecting fraud with transactions. 
4. Reliable provision of proven borrowing, with the ability to provide collateral loans significantly reduce the risk. 

 Since Credito is an open network, everyone can independently update the data and potentially create revolutionary risk models. Credito will become the recipient of the network effect - each new transaction will add intelligence and value to the network. The overall global intelligence provided by Creditohelps institutions across borders, sharing risk models and working together to combat fraud. 

 Economics of tokens 

All Credito participants will be required to pay a certain amount for use in Credits , of which a small percentage will be burned, in time this could potentially increase the demand for the remaining loans. The total amount of loans burned in each transaction is directly proportional to the declining supply. It will also depend on the exchange rates set by the network that will monitor the available supply, the market conditions and inform the smart contract at the exchange rate at any particular time of payment 

 To continue the development, Credito will conduct one-time generation of tokens ("TGE") and sell sales credits, where 50% of the tokens will be available for public sale. The start date of TGE will be announced shortly, and it will allocate a total of $ 1 billion in loans. As follows:

 

More information here:

WEBSITE: https: //credito.io/

WHITE PAPER: https: //credito.io/pdf/whitepaper.pdf

FACEBOOK: https://www.facebook.com/CreditoNetwork

TWITTER: https://twitter.com/CreditoNetwork

TELEGRAM: https: //t.me/CreditoCommunity

 

User name BTT: vitsexy

ETH : 0x41A2aF6c53d03C78722cFc4536E65559D977f90d