MF Chain-Credits Partnership Sets the Stage for the Next Gen Payment Processing

CHARLESTOWN, St. Kitts and Nevis, July 30, 2018 (Newswire.com) - MF Chain, a public smart contract platform with merchant payment integration and multi-blockchain support, announced today that they signed a new strategic partnership; this time with Credits, a Singapore-based blockchain.

Credits is a public blockchain with an open source code, capable of performing up to 1 million TPX at the processing speed of 0.01 of a second with the commission rate as low as $0.001.

In 2018, Credits launched the platform with the extended functionality of Credits smart contracts that make it possible to set cycles and create schedules. As an API with the SDK kit, it attracts users from finance, IoT, healthcare, tourism and gaming industries because it enables them to implement their private and fully autonomous self-executive service apps.

With the success of this implementation, MF Chain and Credits are engaging in further collaborative efforts to merge their two communities.

As the part of the agreement, MF Chain will enable Credits' token to be supported in the MFC Payment Processing solution.

Credits' token will also be accepted during MF Chain’s ICO. Details on how to contribute with CS to be released at the later stage.

The major milestone of the partnership that will give a real competitive edge to both partners is the integration of MFC’s MF2X Protocol within the Credits ecosystem. MF2X protocol enables direct crypto-to-fiat swaps without the need to deal with a centralized crypto exchange.

“Combined with Credits’ extremely fast processing speed and low fees, MF2X protocol will inevitably help the future growth of Credits' ecosystem,” says Craig Neil, MF Chain’s CEO. "In the same time, the integration will further expand MF Chain’s market reach thus increasing our company’s influence and growth.”

About Credits

Credits is a Singapore-based technological platform for the development and execution of decentralized applications based on the blockchain technology and self-executive smart contracts.

About Modern Finance Chain

MFChain (Modern Finance Chain) is a smart contract platform that supports multi-blockchain integration and enterprise-level private blockchains. MFC is also integrating a multi-currency payment processor that allows seamless and direct atomic and crypto-fiat swaps while rewarding both merchants and customers.

Links: https://mfchain.com/, http://credits.com

Contact:

Modern Finance Chain
Raj Dinero
(515) 679-0489

Source: Modern Finance Chain