The Blockmason Credit Protocol Token -- or ¡°BCPT¡± -- is a utility token which is required to enable the recording of data through the Credit Protocol to the Ethereum blockchain. At its most basic level, the Credit Protocol is a system for recording debts and credit between entities on the Ethereum blockchain. One entity sends a debt or credit request to another, and that user then confirms the debt or credit, which is recorded and stored within the Credit Protocol¡¯s smart contract. BCPT is the token that provides recording capacity for this transaction. This simple interaction between entities enables a deceptively powerful and complex array of possible transactions when coupled with a secondary smart contract, known as a Use Case Authority Contract (¡°UCAC¡±). Each UCAC has its own set of rules about what types of debts it will record, when it will record them, and from whom it will accept them. For example, a UCAC may permit transactions from only certain certified users, allowing organizations to build private, decentralized apps (¡°DApps¡±) that track debts. These DApps could be used for anything from tracking accounts receivable to developing private organizational currency, as is used on many college campuses. Each DApp that uses the Credit Protocol does so through functions that are included in the DApp¡¯s UCAC. The Credit Protocol smart contract is responsible for registering UCACs and rate-limiting their issuances of credit based on how many BCPT they've been staked with. When a UCAC wants to record data on the blockchain, the Credit Protocol smart contract will verify that enough BCPT is staked to that UCAC to allow for the transaction to take place. If there are enough BCPT, the transaction will be approved. Once a UCAC commits data to the blockchain using staked BCPT, those BCPT are unavailable to be used for a short period of time. This ensures that DApps cannot simply flood the Credit Protocol and blockchain with information. DApps must be adequately staked with enough BCPT to ensure that their transactions can process. If not, they will be limited.