Like it or not, Blockchain technology offers indispensable significance in our contemporary world. In a fast growing and technology driven world like this, enhanced payment system has become a necessity and this is what Blockchain offers. Cryptocurrencies serve as a medium of exchange and stands out to be unique from the other forms of payment through the provision of a well decentralized mode where users have the absolute control over their transactions without any involvement of central authoritative body. It has also brought trust and transparency, thus eliminating theft and corruption that is associated with the old forms of payment due to the immutable record keeping of all transactions on the ledger.
Despite all the amazing features and benefits of cryptocurrency, there are still some gaps that needs to be bridged. Cryptocurrencies were largely meant to serve as means of payment, thus to be used on daily basis to purchase items and patronize services. However, there has been a paradigm shift in the sense that cryptocurrencies are now regarded as investment opportunities. Due to the tremendous growth seen in the entire crypto space, users seem to gain more profit for holding a coin for a particular period of time and as a result, it has dwindled the urge of cryptocurrency users to utilize their cryptocurrencies on daily basis to purchase items or services.
A well designed strategy has been developed by Bitether to address the current cryptocurrency market problem. In the pursuit of solving this problem, Bitether intends to coalesce with e-commerce platforms in order to raise the daily usage of cryptocurrencies in the purchase of goods and services. Here, Bitether is set to reach out to all online businesses with a proposal of forming a world wide well decentralized payment system. With the help of the immutable digital ledger feature of the Blockchain technology, there will trust and transparency in all transactions between consumer-to-consumer, consumer-to-business, and business-to-business. Also Bitether intends to offer good security, low transaction fees, and high transaction speed in all payment that utilizes the Bitether platform.
In the long run, this will create an added sense of value to the entire crypto market and industry.
- Elimination of Theft and Corruption: With the help of the Blockchain technology, online businesses that integrate the Bitether payment system will be alleviated from the worries of theft and corruption cases that are often associated with the old means of payment. This can be achieved because of the ability of the Blockchain technology to function as a digital ledger, thus keeps record of all verified transactions and make it visible to everyone using the transaction hashes.
- Elimination of Central Authoritative Bodies: Normally, payments made using the old means of payment are subjected to centralization. Here, central authoritative bodies own control over the payment transactions of a buyer or seller, hence the verification or confirmation is made by these central authorities. They can choose to pause or stop the transaction which can lead to inconvenience especially when a buyer needs the service or item being purchased urgently.
- Fast and Secured Transactions: Users would not have to bother about slow transactions or insufficient transaction capacities. Just as the concept of the Lighting Network, the professional team of Bitether has designed and developed Bitether in a way that will offer fast and secured transactions without any delay.
- Low Transaction Fees: Gaining much reputation on the market is the priority of Bitether. It does not intend to spread swiftly and make riches overnight through the extortion using high transaction fees. Bitether offers low costs for transactions made using Bitether and its platform in order to incentivize more and more people to easily patronize Bitether which will eventually propel cryptocurrencies to meet the mainstream adoption.
- Easy Access to Exchanges and Conversion: One of the tremendous benefits of Bitether is that users and merchants can easily convert Bitether to Fiat and vice versa due to the numerous exchange listings - it has started already with Bitether on exchanges. It is the intention of Bitether to get listed in all exchanges in order to raise its market capitalization and utilization of the Bitether platform.
Bitether token is the major facilitator of the Bitether ecosystem. It is an ERC20 based token with a total supply of 550,000,000. The symbol is BTR. This token will facilitate payments as Bitether gets integrated with e-commerce marketplace and all online businesses.
Visit these relevant links for further information on Bitether
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Forum username: BennyK
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good post. I wish to buy some of the tokens soon
ReplyDeletewow eCommerce, then this project will move mountains. I will definitely buy their token
ReplyDeleteVisit https://bitether.org for further information on the token sales. Thanks
ReplyDelete