This project is re-designing how everyone pays and receives money. Presently bills are sent out in PDF format or rely on gateways and closed loop systems. By using the bBiller system there is no re-keying of data. The BILL tokens are smart contracts which enforce invoicing terms and conditions on the parties. For example a purchase order and invoice terms and conditions along with payment details (Fiat or Crypto). End users need BILL tokens to use the Ethereum Smart Contracts. The smart contracts are sent via the bBiller system or can be used standalone. Tokens are all that are needed to operate the system.
The standards for message interchange in global businesses is already established on the Universal Business Language. The development team are making the standard for billing operate on the Blockchain for everyone to use.
Document Messaging Tokens are used on the Ethereum blockchain to send business documents.
What We’re Building
bBiller is a globally-available blockchain-implemented supply-chain commerce platform. Anyone can access this decentralized pay-as-you-go system without membership fees or usage commitments. Based on the international standard ISO/IEC 19845 UBL, users or organizations servicing groups of users can trigger or fulfill steps in the procurement and transportation supply-chain process defined and implemented by bBiller. Built on the Ethereum blockchain, e-business transacted with the bBiller backbone is secure, immutable and transparent, providing all parties faster access to their goods, services and payments without the involvement of intermediaries to delay the process.