Bitswift Community Update — September 2019

Bitswift.press
Sep 16 · 11 min read

Welcome back to another Bitswift monthly community update, the place where you can read all the latest updates regarding Bitswift ecosystem. We have been quite busy with business as usual, and we appreciate your interest in learning what we have been up to with this Septembers update.

Adding BITS/BTC pair — Decentralized Asset Exchange

Our development team has been working daily to bring Bitcoin to the decentralized exchange which is accessible through everyone’s Bitswift blockchain account. When complete there will be a BITS/BTC pair where users may trade Bitswift tokens for Bitcoins among other reputable digital assets on the Bitswift blockchain. The inter-connection between different blockchains will happen through our blockchain gateway interface, Bitswift.cash 2.0. Bitswift.cash 2.0 is a complete rewrite of the existing platform and we are eager to be able to invite you all in the very near future.

We would appreciate some help from interested community members to test the new version of Bitswift.cash, so if you are one of those interested people please feel free to reach out to us on one of our social channels and ask for an invite.

What is Bitswift.cash ?

Bitswift.cash is an accessible interface connecting users to reputable digital assets while connecting independent blockchain protocols and their data to each other. Users are using the interface to interact directly with their blockchain accounts.

What Bitswift.cash is not.

Bitswift.cash is not a bank, exchange or wallet and should not be used as such. The Bitswift.cash platform is utilized as an interface for swapping personal data between blockchains (interfacing between chains) and not for permanent storage of personal data. Bitswift.cash is not an exchange, Bitswift.cash interfaces users to their blockchain accounts where they may use functions like the p2p exchange built directly into the Bitswift blockchain protocol.

What are CASH tokens ?

CASH is a community driven digital currency which operates on the Bitswift.cash platform and on the Bitswift blockchain. CASH tokens represent equality, opportunity, and inclusion, and promote an alternative layer 2 economic system which makes sense for the digital age and the next generation. Users on the Bitswift.cash platform can claim up 100 CASH tokens per day and its inflation rate is directly associated with the amount of users participating on the platform.

Fun facts: CASH is an acronym for Community. Assets. Secure. Holdings, and there are currently 2.38 Million CASH tokens existing in circulation which were all created by the hands of community members participating on the Bitswift.cash platform.

What is the Bitswift Blockchain ?

The Bitswift blockchain is a publicly available distributed ledger that has existed since 2014. It can be thought of as an endless spreadsheet where the end users have access and control of their own personal digital information. Applications can utilize the Bitswift blockchain for permanent storage of records, transparency purposes, or to prove data authenticity and ensure its accessibility. There are many applications for Blockchain technology and Bitswift is at the forefront of integrating it into business, and making it accessible and understandable for everyone.

Partnership with Xangle — Increased transparency and traditional corporate outreach.

We are excited to announce our partnership with Xangle, a global crypto asset disclosure platform that is bringing transparency to the market and helping make blockchain projects more understandable to traditional corporates entities.

Here are two key points on why this partnership is meaningful to Bitswift and our community.

1. Single source of accurate information for individual token holders.

For individual token holders, it is near impossible to keep track of all the developments and announcements about their favorite crypto projects. Fragmented pieces of information floods communication channels such as medium, telegram, reddit, and more. FUD spreads too easily because the information is often inaccurate, even at popular crypto communities and portals. There is simply not enough time nor a feasible way to sort through and validate all the information: Xangle can help.

Xangle is building a comprehensive and accurate data platform by connecting crypto projects, exchanges, and corporates together in one place. At Bitswift we want to make sure that our community members have access to all the necessary information. By using Xangle as our primary information disclosure platform we hope that all of your questions are answered: https://xangle.io/project/home/BITS/dashboard.

2. Institutional grade reports for exchanges, funds and corporates.

As a part of this partnership, Bitswift worked with Xangle to publish comprehensive information about the project and the token. Our due diligence report will be made available to Xangle’s partner exchanges and corporates: exchanges will base their listing and delisting decisions on this report, and corporates will explore possible partnerships. Xangle is already working with leading digital asset exchanges such as Bithumb, Korbit, Coinone, GOPAX, and CPDAX, to name a few.

Note: Xangle is available in its Beta version today, with serious revamps planned in the coming months. Once it officially launches, you will be able to receive timely information on Bitswift’s disclosures. Stay tuned, and if you like what we are doing, please show us your support by clicking like or sharing this news to the greater community!

Purchasing Bitswift tokens

As always, we recommend you keep your trading on chain and purchase Bitswift tokens on the decentralized exchange that is accessible directly from your Blockchain account. On the decentralized exchange there are active ARDR/BITS, IGNIS/BITS, CASH/BITS markets.

The decentralized exchange available through your blockchain account keeps you in control of your own digital assets, which means you are not going to lose them through an exchange hack which we have seen in this space time and time again. Blockchain allows users to control and have access to their own personal information in a transparent manner, so our goal is to interface users to the technology as it was meant to be which is why we provide a convenient way to access your Bitswift blockchain account through the web portal:

Bitswift Blockchain Account

A reminder to those interested, you can also purchase Bitswift tokens on STEX.com where there are BITS/ETH and BITS/BTC markets. There is also an option to purchase using Flexepin voucher method directly from your Bitswift.cash account.

LZLZ forging pool:

As some of you may know, Bitswift operates a forging pool where community members are leasing their Ardor tokens to the Bitswift LZLZ pool for a chance to solve blocks and earn the rewards issued from the Ardor protocol. We currently have 21 active forgers with a weight of 692,606 leased tokens. It would be great if we could see some more participation on the LZLZ pool as it would mean additional rewards for everyone involved. If you are interested in forging, please contact us on on our social channels and reach out to an admin to see how you can participate.

BITS Rewards:

As part of the plan for increasing forging power we are announcing that forgers on the Bitswift pool will also receive BITS tokens on every payout schedule!

Effective next months (October 2019) reward schedule, each forger that meets the requirements for a payout will also receive 100 Bitswift tokens on top of their scheduled Ardor rewards.

A reminder that payouts are directly proportional to your weight of Ardor tokens leased to the Bitswift pool, so if you want a greater chance to solve those blocks and earn that crypto all you need to do is lease as much as you can to the LZLZ pool.

ARDOR-LZLZ-7PT2–7YRP-2QS2H :)

Community Votes:

The Bitswift blockchain supports a decentralized voting system so we thought we would use it as a means to engage with the community. In the last few weeks there have been a number of community polls open on the Bitswift blockchain where eligible voters are also earning passive rewards in crypto-tokens. Bitswift now holds the record for the most active polls on the Ardor platform, so keep your eyes out on the Bitswift.cash dashboard as that's where we announce new community polls so you can have a chance to participate and vote while reaping the rewards offered through our ecosystem.

Bitswift.tech:

As some of you may know, there is a technology integrations and support company behind Bitswift. Bitswift.tech provides managed technology solutions for businesses and generally helps small and medium size businesses with their technology decisions. The company has some unique tech products and services which are deployed actively helping businesses increase efficiency and productivity, while saving them money. So for anyone interested, let’s take a look into some of the products and services Bitswift offers and the details around them.

Bitswift Remote Agent:

The Bitswift remote agent is part of Bitswifts managed technology solutions product line. The agent is currently deployed across and protecting 100 active customer machines and we receive new subscribers for the product monthly.

Bitswift Agent allows proactive maintenance and monitoring of business systems. It comes in 2 flavors, basic, or managed. Bitswift Agents include enterprise grade software designed to keep businesses up and running. Ideal for businesses, it includes backup software through Acronis Cloud (Bitswift Backup), a Remote Access license through Screen Connect, as well as security software through ESET. On top of all that, with the managed version, it is bundled with remote support services through a reputable and reliable Bitswift representative, ensuring there is always someone available to help in the event a problem arises.

Bitswift Agent enables a proactive approach at managing the technology infrastructure on behalf of our customers. Our agent provides business customers and home users with the essential apps they need, and gives them access to remote tech support delivered by a network of reliable and knowledge Bitswift representatives.

Bitswift Backup:

Bitswift operates a managed backup service, Bitswift Backup. The backup is powered by Acronis and is intended for business customers who are in the need for managed backup services. The backup is enterprise grade supporting all the reliability and security features you would expect for a fully featured backup solution. Bitswift Backup is normally package with Bitswift Remote Agent, but customers can use it independently and manage it themselves if desired. If you are reading this and are interested in trying our cloud backup solution, just message an admin in one of our social channels and we will hook you up.

Bitswift Hosting & Hosted apps:

Bitswift.tech also provides web & email hosting services for business and individuals. Customers are generally choosing to host their content with us when they want a hands off approach in managing their tech infrastructure. Bitswift.tech also supplies web development and design services, as we have established a network of Bitswift representatives to fulfill any technology related request.

Bitswift.tech is also a Microsoft Cloud Solutions provider, meaning we can help businesses with their Office 365 implementations, and provide and support cloud based services provided by Microsoft for our business customers.

Bitswift Cloud Managed Networks:

Bitswift provides cloud managed networks for business. These networks generally run in hotels, coffee shops, event venues, restaurants and the like. We install the network end-end and support it after usually on a contract basis with the business owner. We work with brands like Open-Mesh, Ubiquiti, and Datto to bring our customers the best value and options out there when it comes to their internal network operations.

Brand Support:

Bitswift provides tech support for other big brands such as Lenovo and Canada Post. Bitswift.tech is a Lenovo premier service supporter as such we are dispatched to assist in on-site repairs and replacements relating to Lenovo premier customer warranty requests. Lenovo also helps on the marketing front and is our go to choice for business desktop systems. This opportunity allows us to have some face time with customers and to make them aware of our products and services which may benefit them.

Bitswift.shop:

Another product on the go in the Bitswift ecosystem is Bitswift.shop. The shop is currently live and shipping tech product to Canadians. A unique fact about the shop is that it accepts crypto-currency as payment for products listed there, including Bitswift and CASH tokens. Our shop is also used by Bitswift representatives as a sales tool so that they can source the correct item for a customer based on their needs. Products sourced from the shop usually arrive next business day, so give it a shot, place an order on Bitswift.shop.

Join us on other social platforms!

Please join us on other social platforms to support the development and help the community grow.

Telegram: https://t.me/joinchat/GDyWfBFOddCYFBYhDoRrpA

Discord : https://discord.gg/zRRvMHN

Reddit: https://www.reddit.com/r/Bitswift/

Slack: https://nxtplatform.org/slack/

Closing Quote

“All the world is made of faith, and trust, and pixie dust.”

J.M. Barrie

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Oh hey, thanks for scrolling way down here, that must have been tough.

Here is some concept art for all of your hard work. We appreciate it!

Bitswift.press

Written by

Official news relating to Bitswift digital ecosystem.

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