About CreditCoin (CTC)
CreditCoin is positioned as the world’s first fully decentralized global credit system, which proposes to assist the millions of unbanked global citizens across the world to build, establish and leverage credit through the aid and assistance of blockchain technology. The project is said to have a dedicated focus on helping unbanked citizens across the world to obtain increased opportunities to finance their dreams, innovations and other finance-reliant vehicles to realize economic advancement.
CreditCoin was developed by a global team based across the world in the US, Canada, Nigeria, South Korea, and Estonia. The project was launched in April of 2019 and has since released a V2 of its decentralized proposition when it advanced its fundamental network launched atop Ethereum.The team aimed to create a precise platform that would connect unbanked individuals worldwide with transparent creditworthiness in the rapidly growing digital economy.
In the CreditCoin ecosystem, tools and resources outside of traditional banking are used to create a system that rates borrowers and provides them with a direct connection to actively seeking lenders and investors. The system offers value to lenders, as the CreditCoin platform allows lenders to connect with motivated, vetted borrowers.
CreditCoin was initially developed on the Ethereum blockchain network, which the native coin still operates on. Since its launch in 2019, CreditCoin has launched an evolved V2 and developed its own blockchain to support borrowers and lenders. The CreditCoin network cryptocurrency is known by its token ticker $CTC. The current price of Credit Coin is updated and available in real-time on Binance.