Payment by Cryptocurrency with Instant Conversion into Fiat
Bytus wants to revolutionize the payment system as it works today and blockchain enables us to do that. Point of Sale transactions are always delayed by fiat payments, crypto transactions will set this right. The feasibility and speed accelerates the business, merchants are highly flummoxed when faced with certain situations regarding payments. Rigid structures and jurisdictions only allow a number of traders to bypass the whirl created by voluminous trade. Great number of merchant would like to indulge themselves in innovative methods of payment, but none of the payment processes have succeeded in making the trade agile. Bytus app is embedded with inbuilt exchange and it is programmed to work fast which can fast-track the POS transactions.
Payment apps yet do not provide a stable solution to this global issue. Bytus app will change this scenario to the traders' and end-users' advantage. This app will instantly make payments with cryptocurrency or fiat currency as per your preference.
Global Digital Payment is a blockchain-based payment system that seeks to revolutionize crypto payments by creating a convenient and safe ecosystem where Bytus Wallet users can conveniently make contactless payments via payment terminals and the Internet using a QR code. Additionally, the payment system features instant conversion capabilities of cryptocurrency to fiat. Such features are anticipated to develop, improve, and globalize cryptocurrencies.
The platform will assist retail businesses in introducing cryptocurrencies as an accepted payment method. This will enable the businesses to attract more customers who prefer using cryptocurrencies as a payment method as well as help customers explore new markets.
Bytus Tokens will be the platform’s main and only utility token. Depending on their needs, the user can freeze the tokens for incoming and outgoing transactions. After the transaction, the tokens become inactive for 24 hours during which they can be returned to the main account.
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Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading Rated on Jan 22, 2019 Modified on Feb 25, 2019
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Even though KYC does not guarantee ICO success nor is a call for investment, the process verifies the key members of the founding team as a first key test.
Please contact Sum & Substance promptly since your ICO starts in 102 days!
Willing to revise this rating if the team responds.
All the best!
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Altug Tatlisu
ICO team member replied on 29 Jan 2019
I verified myself as a founder of bytus project.
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Dear Altug
Please go to the right side under Bookmark to complete your ICO KYC Report.
All the best!
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Altug Tatlisu
ICO team member replied on 24 Feb 2019
Dear Clemen
would be great if you revise our rating.
All the best !
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Dear Altug
Congrats for passing the KYC!
1. Minimum investment is US$10,000. This amount seems to be too high for your supporters to take part?
2. Advisors are missing in your team. You might need experienced advisors to help you navigate through this ICO process?
3. "The system replaces Visa and Mastercard payment systems, adding cryptocurrencies."
This value proposition is not entirely clear to me. Perhaps a rewording will help with articulation?
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