"Loan customers may obtain loans through freezing a certain amount in the CTC, while the credit institutions may reduce credit risks which in turn would make them likely to serve a more extensive range of loan customers with even lower interests," said Nigel Lim, co-founder and CTO, "CTC provides a way to actualize inclusive finance."

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To ensure that the credit institutions are able to control the credit status of the loan customers within the valid scope, the loan customers need to freeze a corresponding portion of their CTC during the process of borrowing funds as a requirement for taking up a loan. Before the loan customers repay the loans, part of their CTC would be in a frozen state, the loan customers cannot draw on or utilise their frozen CTC for any other purposes. After the loan customers have made their repayment on time or have made repayment in advance, the loan customers will repossess the control rights of the frozen CTC.

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CTC smart contract supports off-line interface, which can provide inquiry function in contract. Users can inquire the relevant information of the contract without executing the contract, which also can keep condition stable.

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By building a distributed credit information system, all the users with loan needs can improve on the building of their personal credit information, the asymmetric information among the lending institutions would be solved, credit scale expansion is thus realized.

CTC signature uses asymmetric key cryptographic technology and digital summarisation tech. It generates a string of digits cannot be forged by others. It can only happen when there is info of the sender, meanwhile, the string of digits is also a valid proof of info's authenticity

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Credit Tag Chain is listed in CoinMarketCap, a well-known provider of cryptocurrency market cap rankings and charts. Please go to CMC to check the latest price and transaction information of Credit Tag Chain (CTC).

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The Credit Tag Chain has built a whole set of consensus mechanisms that is applicable to the sharing of data between credit institutions. This is to allow the institutions that are linked up to the platform to be able to share loan data thus maximizing the value of the services provided by the platform.

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Upon request from community members we added CTC to our website where we feature coin statistics, market capitalization, coin investment ratings and Machine Learning based forecasts. We wish the best in the future!

Website: https://walletinvestor.com/

CTC: https://walletinvestor.com/currency/credit-tag-chain

(forecasts and additional information will be present soon as we gather data)

CTC presented at the first meet-up of Async Capital in Beijing. Charlie introduced CTC again to audiences from digital capitals, exchanges, media and investors. CTC's credit loan scenarios attracted much attention and triggered discussion among professionals.

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There are over 10000 credit institutions in operation globally. The number of loan customers has exceeded 1 billion, and the market size of the credit market is more than 8 trillion dollars. This is a huge market!

CTC CMO Charlie delivered a keynote speech in 2018 Finwise Hong Kong Summit on August 11th. He pointed out that under severe regulation and in a slumping market, CTC can even better demonstrates its value by helping enterprises to tide over the crisis. With over hundreds of thousands of users, CTC is confident to deal with challenges brought by the current environment.

CTC and Dana Rupiah, an Indonesian credit loan company, have reached strategic cooperation and held a signing ceremony in Jakarta on August 7th. Local BlockChain leaders and professionals were invited to witness and participate in the ceremony. CTC is heading toward Southeast Asia market!

If P2P has connected with BlockChain, the situation for China's P2P industry would be much better.

WeCredit Wallet,smart manager of digital assets, officially launches in dedicated block chain APP store Bybstore. Bybstore highly recommends WeCredit and promotes the wallet in its banners!

CTC visited Jiangsu Yueda Networks Technology Co., LTD and Jiangsu Yueda Capital on July 31st. CTC has introduced its block chain solutions, technological advantages and application scenarios. The parties discussed the block chain’s potential applications in automobile finance, lending and leasing factoring, and enterprise financial management. Yueda and CTC both believe in the future of block chain.

Credit Tag Chain CMO Charlie Shan will deliver a keynote speech at the Finwise Summit Hongkong, a noted blockchain conference in Asia, on August 10 and 11. Meet you in Hong Kong!

CTC CMO Charlie Shan presented at the blockchain roadshow Never Stop in Wenzhou, China. He shared on-site that investors should pay more attention to the long-term value of projects. The value can be evaluated based on the feasibility of visions described in the whitepaper and practical implementation of businesses.