Lenovo teams up with Credits to enhance fintech and logistics software

Monday 10 September 2018 14:07 CET | News

China-based IT company Lenovo has announced using Credits platform to develop IoT and VR/AR hybrid software for fintech and logistics.

According to a press release, Credits will utilise their blockchain expertise to help facilitate building software, as a part of Lenovo’s New Vision Technology project. Lenovo sees IoT, Artificial Intelligence, and VR/AR as a source of innovation in coming years.

Credits’ platform offers a processing speed of 0.01 seconds and delivers commission rates at USD 0.001. Credits’ smart-contracts allow users to set cycles and create payment schedules, all of which adds up to a formidable blockchain toolkit.

Credits recently announced that they would be working with Nuggets, who wants to tap their secure payments platform. Nuggets is a UK-based fintech start-up that is focused on ecommerce, and online ID. They entered into partnerships with Alipay and WeChat, which may create opportunities for their services in Asia.

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Keywords: Lenovo, Credits, fintech, logistics, logistics software, VR/AR hybrid software, IOT, internet of things, New Vision Technology, artificial intelligence
Countries: World