I have become a real investor quite recently. But first things first.

Probably, everyone has already heard about blockchain, so I decided to take the challenge of studying this topic. A few days later, a dozen videos on YouTube, hundreds of articles and forums and I was about to start understanding something. So.

In fact bockchain is a tool using which you can store transaction data (a database). Main advantages of blockchain are the transparency of transactions commited and the multiple copying of all these transactions in such a way that each system participant always has information about each step of all partners.

It is quite possible that right now it is exactly the time when the technology is piloted in very significant areas of public life and shortly we will see increasing numbers of projects and platforms that use blockchain. There can be found many spheres of its application, but the most important is existing transaction analogue or any other interaction between the parties.

And here I came across the CREDO website. As it turned out, these guys decided not to wait for the future. The CREDO team has been successfully working on its project for several years, but having learned about the blockchain, they decided to create their largest factoring network in the world using this technology. Nowdays, businesses do not have to pay enormous interest for for borrowed current assets, as the consignment of goods they bought is immediately purchased by CREDO-CF, and the businessman only has to wait until it is taken away. The main advantage for an ordinary buyer is that having a CREDO-CF card or simply connecting his bank card to it, he automatically gets a discount. And CREDO-CF is satisfied with the difference.

Does it mean that CREDO deprives banks of work? Exactly. It replaces part of their functions. Nevertheless, that is not the most interesting thing. Blockchain projects have a special process for collecting investments – the ICO. CREDO are no exception and has offered to buy their tokens, what I actually did. Now I, as a bank owner, will receive my interest from any transaction conducted in CREDO. This is the way I became a bank owner.