Cryptocurrency BlockMason Credit Protocol (BCPT): review, course and chart

General offer 116,158,667 BCPT

The project was launched in 2017 by Michael Chin, the company's CEO. BlockMason Credit Protocol is a unique credit platform based on the Ethereum blockchain that allows you to implement a system for accounting for debts and loans.

BlockMason wants to develop a global ecosystem that combines various developments aimed at introducing blockchain into mass use of electronic technologies. During 2018, the team was planning to expand its business by integrating various applications, libraries, platforms for content, trading, etc.
Credit Protocol is the first development of the ecosystem that provides loans based on smart contracts.

The main objective of the BCPT Protocol is to implement conditions for providing consumer credit. Based on this idea, several decentralized applications, which can provide social interaction in this direction, will be created.

All information about transactions made with the use of smart contracts is automatically entered into the blockchain and is not subject to deletion or change, which makes the credit structure as reliable and efficient as possible. The process of obtaining a loan does not require the collection of numerous documents and lengthy inspections. All relevant information can be viewed in the blockchain network.

The digital BCPT token of the ERC20 standard plays a key role in the system.

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10 Blockmason Credit Protocol (BCPT)