BYZBIT
What is BYZBIT?
BYZBIT is a tokenized paper mill that uses agricultural waste and other paper and blockchain technology to create a value-added business economy that increases production capacity, efficiency and reduces waste and environmental pollution.
It uses the Ethereum ERC-20 standard in its design to enable the exchange of economic values between BYZBIT economic participants, thereby hampering the flow of economic ties between the physical and digital environment, thus providing easier and faster transfer of values.
The need to utilize agricultural waste efficiently, thereby reducing environmental damage and meeting the growing demand for paper, using blockchain technology to increase economic exchange.
Paper mills use innovative solutions to achieve their paper making goals. The aim is to use agricultural waste such as rice straw, straw, cakes, etc., as well as other raw materials for the production of paper in giant rolls, after which they will be distributed among manufacturing companies that focus on smaller paper sizes. These materials will be sourced from Ethiopia, while electricity will be generated for production using intelligent renewable energy, thus contributing to the creation of a green environment.
BYZBIT tokens will be used by everyone to exchange values between participants in the paper mill’s economic activities.
System Workflow:
BYZBIT can be purchased through our service (internal exchange) and instead.
BYZBIT can be sold through our service (internal exchange) and instead.
Kertas Paper distributors / partners will buy Byzbit to our service (internal exchange) and in return.
Paper distributors / partners will sell Byzbit to our service (internal exchange) and instead.
Distributors / paper partners will use Byzbit as collateral to receive an exclusive partnership in the destination area, and Byzbit will also be used to buy paper products at a large discount.
The paper mill will send paper products to paper distributors / partners.
The employee will receive Byzbit as his salary.
Employees can use Byzbit in any service at the Company.
Employees can use Byzbit services, such as exchanging Byzbit for Fiat, BTC and Eth.
Blockchain Utility:
The strength of BYZBIT as a new technology in this industry lies in the ability to offer our users an alternative way to traditional ways of doing agribusiness in both local and global markets. For this alternative to be attractive, it must provide significant benefits for traditional systems and be offered to our users at affordable prices. Using strong Blockchain technology, we will be able to implement our business ideas properly, which is not possible in traditional market conditions. Blockchain separates the sender of funds from the validator, thus creating security during the transfer. With the help of a classic international bank transfer, many parties need to gather to complete the transaction. Then you have time and money. International bank payments require a lot of time because they are centralized and very expensive compared to sending funds using blockchain.
PAPER WASTE (ERC20 WALLET):
Cryptocurrency wallets store public and private keys that can be used to receive or spend cryptocurrency. A wallet can contain several pairs of public and private keys.
BYZBIT is a tokenized paper mill that uses agricultural waste and other paper and blockchain technology to create a value-added business economy that increases production capacity, efficiency and reduces waste and environmental pollution.
It uses the Ethereum ERC-20 standard in its design to facilitate the exchange of economic values between BYZBIT economic participants, thus blocking the flow of economic communication between the physical and digital environment, thus providing easier and faster transfer of values.
TOKEN DISTRIBUTION
Coin Specifications:
Coin Name: Byzbit (BYT)
Ticker: BYT
Decimal number: 18
Platform: Ethereum
Total supply: 100,000,000 BYT
Distribution: Airdrop, Bounty, IEO, Personal Sales
Starting price: 0.3 USD = 1 BYT
Token Distribution:
BYZBIT (BYT) will be distributed via Airdrop / Bounty, IEO and Personal Sales. If BYZBIT (BYT) coins are sold out before the deadline, the user / buyer must wait until the next round. Users / buyers can buy BYZBIT coins (BYT) using bitcoin, Ethereum
ROADMAP:
201 April 2019
BYZBIT
Platform idea
July 2019
Technical and strategy
Devlopment
October 2019
IEO and Personal Sales
January 2020
Byzbit Application Development
April 2020
Paper mill construction
July 2020
Soft Opening Papermil (Cutting)
October 2020
Service expansion
The BYZBIT project consists of empowered people
Komunitas website and very talented in the blockchain and paper mill industry, and they are all here to provide the best that both industries can offer.
MORE INFO:
Website: https://byzbit.net/
Technical paper: https://byzbit.net/download/byzbit-white-paper-ver1-0.pdf
Telegram Group: https://t.me/byzbit
Telegram Channel: https://t.me/byzbitchannel
ANN Topics:
https://bitcointalk.org/index.php?topic=5172598.msg52071766#msg52071766
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Author
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1855825
