Bitcoin Forum

FAQ (Frequent Asked Questions)

Credit Chip - An innovative credit payment system and a new kind of credit.
http://www.credit-chip.com/ (http://www.credit-chip.com/)

Who created Credit Chip?

(Chris Clark = Credit Card) created credit chip.

How does Credit Chip really work?

It works like a credit card system on the internet and the future it will work like an implantable chip system for idea of storing money in a computer chip. With the system, you use Bitcoins to buy credit, investors can make money buying and selling credits. Other than that, you can use your credit number on websites and in the future at brick and mortar businesses. Then, after a number on a piece of paper, you will use SD or SDHC cards in a chip reader. Then after that, it's implantable chips.

How much credit can I get?

You can get as much credit as you like, as long you can sell something in the credit chip store, you can have as much credit as you like. You can have a trillion dollars in credit if you can do it.

When was Credit Chip created?

August 23, of 2020.

Can I borrow as many credits as I want?

Yes, but you have to have collateral to back your credits when you borrow some credits.

How does one credit go up?

It goes up by the amount of buying and selling credits in the network.

How many network transactoins can credit-chip handle?

The sky is the limit.

What kind of network is credit chip.

It is a star based network for the 7 Continents that will use credit chip.

Will there be something like a blockchain?

No, there will not be anything like a blockchain. There will be a credit card processor. Transactions will not be recorded. The star based credit network will allow you to be free from credit card transaction tracking.

How much will you make processing credits in the credit chip network?

You will make 3 percent. And you will be able to process your own transactions and make money everytime you use your credit number.

What is Credit Chip?

Credit Chip is a crypto-credit payment network or a new kind of credit. It's to replace the credit card companies in the world. It's the people's credit card network that lets everybody own credit. With credit chips, a chip that has credit on it. Future uses for credit chips is to implant chips in the human body. A credit chip will be used to store credits in them and other information. To store your credits and use in the super market or online with your mobile phone. We are at the end of the race for fintech!

What is an example of a credit number?

4454-4033-4949-9394

Do I have a security pin for my credit number?

Yes, you do.

What is 666 Encryption?

666 Encryption is used to encrypt the data on the credit chip. 666 encryption or beast encryption will be the main encryption scheme to encrypt the data in the transaction databases and etc. Beast encryption is pretty much impossible to break. It's very secure!

Does anybody own or control credit chip?

Nobody owns or controls credit chip. The people that use credit chip has a voice of credit chip. Pretty much, Credit Chip is open sourced.

How much does Chris Clark or Credit Card gets?

Chris gets 4.3 percent per transaction in the network.

How much money do you get signing up with an account on Credit Chip?

You get 1000 credits.

Can you make any money with Credit Chip?

You will be able to. It's coming. Chris is working on something that will help you make money with credit chip. You will be able to download your own credit processor core for the star based network. For future uses, you will be able to access your chip based data with the credit processor core or the credit chip core.