About Bytus
Bytus' goal is to bring ease to payments worldwide and make cryptocurrency a familiar term with laymen. Blockchain and its significance did create a buzz, but it is still an alien term to most people, besides a limited number of crypto enthusiasts and investors. It is yet to reach a familiarity level as fiat and payment portals can make that happen. A few years ago, web wallets didn't exist, and today they are preferred over cash. Just like this, incorporating cryptocurrency with web wallets is an untried experiment that most people fear without analyzing its benefits. Our motto is to deliver the best with cryptocurrency, with applicability that meets the daily requirements. This type of utility is possible with cryptocurrency, and the Bytus payment app will greatly assist in this endeavor.
With the lofty prices of Bitcoin, many other crypto coins are making their way through the markets. The expansion of the crypto market has opened many possibilities in the global economy. The surge of digital assets greatly helps in keeping inflation in check. It also prevents the deterioration of resources due to the pitfalls of the subsequent rise in prices. Following the uptrend, crypto coins could be the major catalysts for economic growth. That is possible only when it reaches every smartphone in the world. Bytus has taken the onus of making it accessible worldwide with functionality and adaptability. Analysis suggests that it is most likely to reach this level in the coming years, providing steady growth and profits. The profits are measurable in gradients on an international scale. The cost included in making such platforms is very small in comparison to the profits that will underlie them in the future.
Our objective is to make the blockchain an all-encompassing component in software related to daily transactions. The very aspect of dealing with cryptos haunts many because of their lack of knowledge. The presence of cryptocurrency in daily transactions will make users friendly with it. Paying with it in stores, restaurants, and hospitals will be possible through Bytus. Imagine the convenience that it will bring into our lifestyle. It is unparalleled. The watchful approach of blockchains takes every transaction under scrutiny and doesn't leave any scope for a breach. This is rather a utopian dream, which will come true through us.
Features
Bytus wants to change the way people pay today, and the blockchain allows them to do it. It came up with a great idea to use a lot of tokens at the intersection of different currencies.
The system, which includes digital currencies, replaces Master Card and Visa payment methods. In the new ecosystem, everyone can be open and work together as quickly as possible. They can also use more currencies in the same application.
Bytus' goal is to assist retailers in presenting digital currencies as legitimate payment options. It entices new customers who want to pay with cryptocurrency, allowing them to explore new marketplaces. It aims to eliminate the need for a large number of plastic cards by allowing payments to be made through the internet.
Exchanging digital money for fiat cash is complicated and frequently necessitates the use of third-party services. Individuals are exposed to platform-specific weaknesses that malware attackers may exploit if security is weak. Bytus wants to make it safe and easy for people to pay quickly and easily both at payment terminals and online using a QR code.
The Bytus app is equipped with the ability to expedite POS transactions and includes a built-in exchange. It will accept payments in cash or cryptocurrency in real-time. Its key benefit is the trade it provides. It can convert fiat currency to digital currency and vice versa. It may be able to do a meta-analysis that helps with the optimization of the user base and gives the best results, too.
Technical Info
Over the last several years, the popularity of cryptocurrencies has skyrocketed. It is becoming more widely accepted for international transactions. In addition to becoming a worldwide currency, cryptocurrencies have opened up a variety of avenues for traders and investors to make fortunes. The explosive expansion of cryptocurrencies has driven the crypto industry and given rise to a slew of new crypto exchanges and trading platforms. On the other hand, it can be hard to find the right platform for crypto trading in the current climate.
The good news is that Bytus is a one-of-a-kind platform. Because of its amazing features and secure transactions for its users, it has made a mark with its stunning arrival into the world of crypto. Bytus has proven to be a one-stop shop for all of your crypto needs. Through its innovative, straightforward, and easy-to-use trading platform, Bytus makes it simple to buy, sell, trade, convert, and payout cryptocurrency. Bytus users can easily adapt to the use of cryptocurrency as a payment method. In the Bytus ecosystem, the Bytus token is utilized to make transactions. This makes Bytus a multichain asset because it serves as the Bytus ecosystem's medium of exchange, making Bytus more valuable.
Surprisingly, the more tokens a user has, the more transactions they can perform at any given time. If you have 25 tokens, for example, you can make 25 transactions in 24 hours. The Bytus token can be used with the Bytus wallet, which is an all-in-one network multi-currency that supports a wide range of cryptocurrencies.
Bytus Roadmap
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May 23 2018
- Idea Creation
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June 2018
- Building a Team.
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Aug 2018
- The architecture is being developed, and a whitepaper is being written.
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November 2018
- Getting ready for a private sale.
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December 2018
- Development of the Private Blockchain Network.
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March 2019
- Development of mobile wallet applications.
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April 2019
- Testing a private blockchain network.
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May 2019
- Pre-Sale and the Development of CryptoBank.
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July 2019
- The private blockchain network's alpha version was launched, along with alpha versions of mobile apps.
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September 2019
- Crowd Sale.
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October 2019
- Launching the beta version of the network.
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November 2019
- After the sale, tokens are sold through CryptoBank.
The launch of the alpha version of CryptoBank;
launching beta versions of mobile applications.
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January 2020
- The release of the beta version of CryptoBank.
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February
- Increasing the effectiveness of network shutdowns to meet community needs.