The distinctive features of Bitenny network are its simplicity and efficiency

Bitenny.io
Bitenny io
Published in
2 min readFeb 21, 2019

We have already said that one of the main features of the platform is its unique structure. Today we will tell you about this structure in detail.

The distinctive features of Bitenny network are its simplicity and efficiency. The structure of this network has four separate levels: the level of the partners, the level of processing, user-level authentication, as well as the level of the blockchain. Artificial intelligence is also integrated into the network architecture to perform various smart functions. All four levels of the network work as a whole to ensure maximum functionality.

Now a little bit more about the levels:

> Partner level-these are banks, crypto-exchanges and other external entities that can interact with the network. Here, the interchangeability and reliability of real world currencies will be ensured for payments over the network.

> Processing level — such network components as artificial intelligence and automated engines that allow the network to perform its functions on the basis of artificial intelligence: trading engine, payment mechanism, exchange mechanism.

> User and authentication level-this is where users are authenticated and key security protocols are implemented: this level is where SSO authentication of the single sign-on user and the HSM hardware security module are located.

> Blockchain level-here is the currency back-end of each token supported by the network. The information collected about the purses and the user actions are recorded in the blockchain through mining nodes, which are safely performed by the other HSM. Since Bitenny network is designed to support different currencies, this is reflected in the various back-ends embedded in the architecture, which makes it possible to scale the network as interest in it develops and currencies fall within Bitenny structure.

In more detail the structure of Bitenny described in Whitepaper of our project at the link https://bitenny.io/assets/img/BitennyWhitepaper.pdf.

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Bitenny.io
Bitenny io

Introducing Bitenny — innovative asset management and a payment platform driven by artificial intelligence.