Creditcoin 3.0

Abstract

Creditcoin 3.0 is the next evolution of the Creditcoin blockchain evolving from a specialized blockchain to record loan transactions into a more generic chain targeting real-world asset management. It is a fully EVM-compatible Layer 1 blockchain. In other words, it supports smart-contract development and is compatible with many popular tools used in the Ethereum ecosystem, for example, wallet apps and smart-contract development tools. Creditcoin 3.0 is built with the Substrate framework adding a special EVM compatibility layer on top of it and uses the nominated-proof-of-stake consensus algorithm like its predecessor.