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Creditbit Developers put the Final Touches On Smart Contracts for CreditDAO and CreditIDENTITY

by on May 31, 2017

Things are chugging along nicely for the Creditbit ecosystem right now. The price per CRB is well within the accumulation range to attract new investors. Moreover, the developers are still hard at work to introduce new features. CreditDAO and CreditIDENTITY are both nearing completion as we speak. Additionally, the CreditBAY project is also under concept development.

Lots of Things to Come For The Creditbit Community

One thing most alternative currencies suffer from comes in the form of developers giving up after a while. That is not the case where Creditbit is concerned. In fact, the developers have been hard at work to launch new features and tools very soon. CreditDAO and CreditIDNEITTY are nearing completion, as the team is finishing the development of the smart contracts. The first version of both platforms will be available soon, albeit in a simplified version.

This decision is a deliberate one, as the team wants to avoid complex voting processes. Moreover, the management of user rights needs to be done properly. Once CreditDAO and CreditIDENTITY launch in the simplified version, they will continue to improve both platforms. It is unclear how long this will take, but it is good to know things are finally coming together. The Creditbit community has been looking forward to these features for some time now.  

It also appears the developers are drafting a proof of concept for CreditBAY. This particular feature will serve as a marketplace for Creditbit users. No further specifics have been announced at this time. However,  it goes to show the team is looking toward the future. For now, there is no official timeline for CreditBAY, but the team will keep everyone informed via the Bitcointalk thread.

Succeeding as a digital token requires a team of developers and a strong community. Creditbit has both in abundance, by the look of things. The CRB price is stabilizing for the time being, and the next leg up is just around the corner. Demand for CRB will increase when both the CreditDAO and CreditIDENTITY will go live. These are very exciting times for Creditbit and its community. The future is looking very bright, that much is evident.

JP Buntinx is a 30-year old FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he is working to achieve the same level of respect in the FinTech sector.
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