Defining and Creating Holding Companies

BitherPlatform
BitherPlatform
Published in
2 min readJul 23, 2019

Holding companies are different from sub-branch companies.
The BitherPlatform makes it possible for holding companies to be unlimitedly defined and created in a modular model.
In these systems, profit of the sub-branches can be shared with holding companies and shareholders by automatic distribution.
For example, suppose that a holding company dealing with toy manufacturer is created on the second layer of the Bither network. This company is supposed to be an accelerator for various manufacturers each producing a different type of toy such as dolls, construction toys, board games etc.
These separate manufacturers, while under the management (support) of the main holding company, enjoy their own autonomy. People with ideas and technical abilities can go to the accelerator company and present their plan. After technical and market assessment of each idea and primary confirmation, the accelerator company puts the idea of investment for designing and manufacturing the said toy in the form of setting up a new company to vote among its shareholders.
After receiving enough votes, the project will receive the investment. After this stage, a semi-independent company will be created on BitherPlatform’s blockchain’s third layer and under the second layer’s holding network.
In this example, let’s assume that 70% of the new company’s shares is for the projects applicant team and 30% belongs to the holding company. During financial periods and after auditing, the project’s profit is calculated and 30% of it that belongs to the holding company is allocated to the second layer’s network and is distributed by the percentage among the network’s token holders. This process cannot be easily implemented in current networks and needs special reprogramming and coding. In Bither however, this process can be easily implemented and executed in the modular model. Another scientific example of this ability is the definition and implementation of the Bither Stock network on the second layer of the BitherPlatform which is supposed to be formed by shareholders of this network. On the second layer (on the lower layer of the Bither Stock network), there is the Rental Processor which is the computing power leasing network. The commission for leasing computing power in this system is collected and distributed among the Bither Stock shareholders at designated times.

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BitherPlatform
BitherPlatform

New Eco-Friendly and Layered Decentralized Economy: Three-layer solution, Multi-mining capability, Optimizing energy consumption. https://bitherplatform.io/