Launched on 04/04/2019 by a team based in the US, Canada, South Korea, Nigeria, and Estonia, Creditcoin aims to address the lack of credit system among the unbanked in the emerging market. People who cannot access the banking system have to borrow from non-banks. However, credit records with non-banks are not accepted by the banks since they cannot trust the data. The project aims to solve the problem by recording credit transaction history objectively on a public blockchain.
The concept of this project sounds pretty good...
Here we have the chart for Creditcoin ( CTCBTC ) on Bittrex, a young chart.
- Right now we are looking at a potential "ascending triangle" and also increasing ... Anything is possible here since we have no past history to look at.
- I've mapped the potential future paths by highlighting the strongest levels.
- Even if prices drop we remain long-term.
Thanks a lot for reading.