CREDO
CREDO is a payment system based on a financial algorithm that involves the participation of an independent agent in the transactions of purchase and sale of goods or services.
ICO start date: 2017-06-26
Contents
Concept
- The system acts as an agent between the buyer of goods and the seller, providing the parties with payment processing for a profitable transaction- Is made on the algorithm of issue of electronic derivative financial instruments, which are a means of payment and represent the property right to claim of the owner of this certificate (buyer) to the issuer (seller)- The main unit of account in CREDO system is a Derivative, under which the parties (buyer and seller) assume the right or obligation to perform certain actions with respect to the underlying asset
More information in the project whitepaper: http://credo-cf.com/wp/b2c_eng.pdf