Credits blockchain platform, is working with Chainlink, a decentralized oracle network provider for smart contracts to develop the next key transformational and technological advancements for blockchain solutions.
Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. The company is consistently selected as one of the top blockchain technologies by leading independent research firms such as Gartner. It is well-known for providing highly secure and reliable oracles to both large enterprises and leading smart contract development teams.
Chainlink has capabilities to keep the data secure all the way. According to the release this is the reason that Credits will use Chainlink’s Oracle in order to maintain smart contracts’ overall reliability and to secure its’ inputs and outputs. Due to Credits Platform’s speed of more than 50,000 TPS, transaction’s cost of $0.001 and a highly reliable decentralized oracle network of Chainlink, Credits and Chainlink are able to become the world-wide choice of payment transfers.
“Blockchain technology itself is based on decentralization and trust and the added feature of security is the utmost requirement of blockchain based solutions. We are glad to work with Chainlink. At Credits, we strive for transaction security to continue the established absolute trust. With Chainlink’s technology, we can reassure that trust and confidence on our platform,” said Igor Chugunov, CEO & Founder of Credits.