About Creditcoin (CTC)
Creditcoin (CTC) A sound currency must be lendable. Their goal is to connect blockchain assets with a straightforward protocol, to create an inter-blockchain lending market, bringing the crypto ecosystem closer to a sound currency. Creditcoin connects many blockchains to create a secure, transparent cryptocurrency lending market, that allows fundraisers and lenders to connect directly with one another.
Creditcoin (CTC) Welcome to Creditcoin documentation! Their goal is to create a borderless credit investment network which connects the growth of the emerging markets to the cheap capital of the developed markets. Creditcoin turns digital wallets into an investment market. This guide will walk you through connecting to the Creditcoin blockchain and running your own Server and Client.
Creditcoin (CTC) This section is for new Ethereum users who need to create a wallet. The recommend creating a wallet using MetaMask. Refer to How to Export an Account Private Key on the Metamask Support site for more information on how to obtain your private key. This section will cover how to set up an Ethereum RPC mainnet node using infura.io Alternatively, you can set up your own private RPC mainnet node.
Creditcoin (CTC) Now that you’ve got Docker Desktop installed and you’ve updated your Creditcoin configuration files, you’re ready to start the Miner’s Docker containers and get connected to the Creditcoin Blockchain! Open a PowerShell by right-clicking the icon and pressing ‘Run as administrator’. Change the directory to the folder containing the Creditcoin documentation.
Creditcoin (CTC) Storage Key Points
|Circulating Supply||564,970,555.21 CTC|
|Source Code||Click Here To View source code|
|Explorers||Click Here To View Explorers|
|Chat||Click Here To Visit Chat|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
How it Works
Creditcoin (CTC) A fundraiser posts seeking an amount with an interest rate and collateral. The fundraiser also adds some Creditcoin to the offer.
When investment and fundraiser offers are matched, the investor will assess the risk of the opportunity based on the credit history of the fundraiser on the Creditcoin blockchain.
The system verifies the deals’s completion by confirming the exchange of collateral and investment. Once validated, the system sends the Creditcoin attached to the investment, to the investor.
Creditcoin (CTC) When a fundraiser is ready to make a repayment, the fundraiser transfers the repayment amount to the creditor of the loan. The creditor can close the loan cycle by confirming the repayment.
Creditcoin is a Borderless Credit Investment Network
There are many people who are unable to obtain approval for a signature loan from a traditional banking system. Resultant of such, those individuals often turn to alternative methods in order to obtain the needed funding. However, they cannot build credit with such loans, since the credit records would not accumulate. The solution is to build a system as they would with a traditional bank loan that stores credit records objectively.