The Ultimate Financial Breakthrough: Creditcoin Mainnet Launches with EVM Compatibility and Revolutionary CreditWallet App
Delaware, USA, August 28th, 2024 – Creditcoin, the groundbreaking L1 blockchain, has unveiled its EVM-compatible mainnet, signaling a major leap forward in enhancing global financial inclusion through cutting-edge blockchain technology. This launch not only propels Creditcoin’s core mission but also introduces CreditWallet, an innovative mobile wallet app designed to revolutionize user engagement within the Creditcoin ecosystem.
The implementation of EVM compatibility represents a significant milestone, enabling developers to seamlessly transition their existing dApps and smart contracts to the Creditcoin network. This integration fosters smooth multi-chain interactions while eliminating the complexities and costs traditionally associated with cross-chain operations. Moreover, the introduction of the Universal Smart Contract (USC) layer will further optimize these processes by facilitating direct, secure interactions across diverse blockchains without the need for bridging.
At the heart of this update lies CreditWallet, a cutting-edge mobile app that transforms how users manage their digital assets. CreditWallet streamlines cross-network transfers between Creditcoin’s EVM and Substrate chains, simplifying asset movements and enhancing dApp interactions across different ecosystems. With its user-friendly interface, non-custodial ownership, and top-notch security features, CreditWallet ensures a seamless and secure experience for users of all levels.
Existing Creditcoin Classic users will witness their token balances transferred based on a snapshot taken on August 21, 2024. They will be required to reconfigure their roles as nominators and validators on the new mainnet and explore fresh staking opportunities through the updated dashboard. To facilitate technical integration, users are encouraged to consult Creditcoin’s resources, which include RPC information and guidance on integrating Creditcoin EVM with MetaMask.
About Creditcoin:
Creditcoin stands as a foundational L1 blockchain dedicated to recording credit transactions, establishing a public ledger of credit history and loan performance, and paving the way for a new era of interoperable cross-chain credit markets. Through collaborations with technology partners, fintech lenders like Aella, and various financial institutions across global emerging markets, Creditcoin is spearheading capital financing, building credit history, and fostering trust for millions of underserved financial customers and businesses based on the principles of RWA.
For further information, please contact:
Director of Marketing
Alan Kong
alan.kong@gluwa.com
This groundbreaking update from Creditcoin signifies a monumental shift in the landscape of blockchain technology and financial inclusion. By enhancing interoperability, streamlining operations, and providing users with a secure and seamless experience, Creditcoin is poised to revolutionize the way we engage with digital assets and credit markets. Whether you’re a seasoned investor or a novice user, the launch of the EVM-compatible mainnet and CreditWallet app presents an unparalleled opportunity to tap into the future of finance and drive sustainable growth in the global economy. Don’t miss out on this game-changing development – seize the moment and unlock the full potential of your financial journey with Creditcoin.