Wallet Backup and Security

Just a friendly reminder to all Kreditcoin Users to regularly back up and ensure that their Wallets are encrypted.

We’ve all no doubt heard the woes of early Bitcoin Users loosing hard drives and forgetting keys resulting in thousands being lost to a simple error. Luckily you don’t have to be one of these people as these errors are simply avoidable. Always remember to keep a back-up of your Wallet on a Flash-drive or other mobile storage device, you never know what could happen!

Kreditcoin’s integration into KredX

Working with the KredX team has been a great experience, we’re super excited to start announcing the various features and functions Kreditcoin will have when integrated into the future KredX platform. Words can barely do the scale of KredX justice, we just can’t wait for it to be finished!

If you haven’t already heard of KredX, be sure to head over to https://kredx.io to find about more about the platform that’s going to take Cryptocurrency and Kreditcoin to the next level and into the mainstream.

Kredit Project Partnership with KredX

We’re pleased to announce The Kredit Project’s partnership with KredX, the developers of the World’s first Multi-Blockchain DAPP. Kreditcoin will be listed on KredX’s Cryptocurrency Exchange as soon as it’s released in June 2018 as well as full integration into KredX’s expansive platform.

Check out KredX now at https://kredx.io !

Cryptocurrency getting Bigger than Governments

We’re entering a very interesting time, the age of Cryptocurrency.

Political and Financial Leaders around the world like the Financial Minister of Nigeria and The President of the European Central Bank are saying categorically that Cryptocurrencies have surpassed the point of confiscation and control.

This seems to follow the natural trend of our history to return freedoms and power to the individual, next on the list is our money and finances.

Its going to be an interesting next few years as we all watch Cryptocurrency’s true potential start to play out and Government’s around the world start to make the big decision of whether to adopt or to reject Cryptocurrency.

Cryptocurrency Adoption on the Rise worldwide

2017 has seen the massive rise in Cryptocurrency Adoption Worldwide, and its not over yet.

  • The Law is trending towards Cryptocurrency favor around the world as Governments and legislators start to make the right Pro-Cryptocurrency decisions
  • More and more Merchants and Vendors around the world are starting to accept Cryptocurrency as a form of payment
  • Cryptocurrency Usership is seeing its highest numbers to date

Cryptocurrency is finally starting to enter the mainstream, and the future holds endless possibilities for Cryptocurrency and Blockchain Technology.

Kreditcoin Weekly Update September 20th 2017

It’s been a busy and productive week for us here at the Kredit Project, with the launch of the Kreditcoin Bounty Campaign and various partnerships on the table.

The Bounty Campaign was our solution to giving non-miners an opportunity to get Kreditcoins in their wallets at this early stage. This is only our first initial round of Bounties, the list is sure to get more numerous and unique as time goes on. I encourage everyone to participate in our Bounties whether you have a promotional background, or are just a regular Social Media User (pretty sure that’s all of us to some extent) there’s no excuse not to try your hand at being a Bounty Hunter.

We’ve got some interesting projects in the pipeline for the near future in terms of partnerships, you can all expect some announcements in the near future about new implementations of Kreditcoin.

Stay tuned and thanks for supporting!

Gabriele Ronchese
Cheif Operations & Marketing Officer
The Kredit Project

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Kreditcoin Bounty Campaign Now Live

The Kreditcoin Bounty Campaign is Now Live!

The Kredit Project is pleased to announce the launch of it’s Bounty Campaign starting off with its initial round of bounties with more to follow in the following weeks. All bounty rewards will be paid out directly from the founder’s reserves upon completion and verification of the task chosen. The Kredit Founders view this Bounty campaign as a long term investment in the future success of Kreditcoin and it’s users. Participation in this Bounty Campaign is the perfect opportunity for non-miners to get their hands on some KRD and become early Kreditcoin adopters.

Head over to our Bounty Page to get started today!

10 Good Reasons to Start using Kredit Today

A question often asked by those interested in Kredit is “Why should I start using it?” if you’ve asked this question in your mind before than the following list is aimed at you. Here are 10 Good Reasons to start using Kredit:

1. Kredit can’t be counterfeited

Fiat currencies are plagued by fraud in the form of Counterfeiting. Millions are lost in value due to counterfeit currency every year. Kredit negates this obstacle by implementing a public ledger of all transactions called “The Blockchain”. By examining the Blockchain you can trace the path of each and every Kredit all the way back to it’s creation, effectively making all forms of Kredit counterfeiting physically impossible.

2. Kredit is totally decentralized

Kredit doesn’t adhere to the rules of Banks and Financial institutions, Kredit is a totally decentralized currency, there is no differentiation between an organization and users, they are one and the same. Individual users make up the entirety of the Kredit network, there is no shady organization in the back behind the scenes pulling the strings.

3. Anyone in the world can become a Kredit User

How many Banks or Financial institutions can say they offer their service to the entire globe? Very few if any. The only pre-requisite to becoming a Kredit User is internet access, forget about the multiple hoops and extensive documentation required to open a bank account, all it takes to become a Kredit User is a simple download of a Kredit Wallet and you’re all set with more features than a Bank Account could ever offer for your money.

4. There are no fees required to use Kredit

How often have you read your bank statement and been overwhelmed by the amount of extra fees included? Some hidden fees you might just be hearing about for the first time. Why should you have to pay for using YOUR money? That’s a question no Bank can ever offer an acceptable answer to, because there is none. The use of Kredit is free of any fees.

5. You are the Sole Owner of your Kredits

When you use Kredit, you are the only owner of your Kredit Wallet and it’s contents. Unlike with Fiat currency where the actual currency is property of it’s respective government, or a Bank/ Financial institution account where your account with them remains property of the organization at all times. When you start using Kredit you’ll experience what it’s like to truly own your money in every sense of the term.

6. Kredit Transactions occur instantly

Whether it’s 10 feet away from you or on the other side of the Globe, Kredit’s reach their destination in seconds. No more subscribing to the slow infrastructure associated with Banks where Electronic Fund Transfers take hours, or days, or sometimes don’t even go through at all. The online transfer of money shouldn’t ever take longer than a cash transaction, with Kredit it never will, and it’s easier too.

7. Kredit is safe to use Online

As a digital currency, Kredit was designed for fast, sustainable, and safe use online. When you use other methods for making online payments you’re engaging in a very risky practice. Such as for example the most common practice of using one’s Credit or Debt card to make a purchase online by giving the merchant your Card number and security code. This information sent across permanently and can be used again fraudulently either by the merchant themselves or a Third-Party intercepting, or stealing your information from the merchant’s database. When you send Kredits you’ll be sending only Kredits, no information that can be used to access any more of them.

8. Kredit Transactions are final

While this may appear to be an oversight at first glance, the inability to cancel or “Charge-Back” a Kredit transaction like a Bank transfer eliminates the possibility that fraudulent or arbitrary cancellations will occur. The illegitimate reversal of online transactions has been a thorn in the side of E-commerce for as long as it’s been around, Kredit negates this hurdle by implementing absolute transactions. When you send receive Kredits there is zero chance that they will suddenly disappear out of your Wallet due to a reversal of any kind. That being said, it’s important that when sending Kredit to double check and make sure that the amount and receiving address are correct as once the transaction is initiated there can be no retrieval of funds.

9. Kredit allows you to create your own money

How often have you wished you could somehow print your own money? When you use Kredit you finally can by becoming a Kredit Miner. Becoming a Kredit Miner is as simple as downloading the easy to use GUI Mining Software on our Website. Mining is the process of using your device’s computing power to confirm new Kredit transactions and in return receiving Kredits as compensation for work done. By Mining you’re not only receiving your own funds, you’re also helping to maintain and ensure that the Kredit Network runs smoothly.

10. With Kredit you become your own Bank

It’s high time that you cut out the middleman from your money for good. Kredit allows you to store, transact, and create your money far more efficiently than a Bank ever could, and the best part is, you have absolute control over the process, there is no organization looming overhead with contracts and terms stipulating what you can and cannot do with your money. Kredit is more than just a currency it’s a long-term vehicle for financial freedom that you can board at any time, climb on sooner rather than later and unlock your money’s true potential.