The Foundations of Global Digital Payment were set in 2018, when cryptocurrency faced a major crisis. People had lost their trust in the currency due to its lack of usability. Since then,Global Digital Payment is a company that has played a major role in the reincarnation of cryptocurrency. The team behind Global Digital Payment is striving towards implementing the blockchain technology into people’s daily lives by making crypto a reliable and efficient medium of exchange. Global Digital Payment has created the Bytus ecosystem which consists of the Bytus token, Bytus private blockchain, Bytus wallet and crypto bank, the. The ecosystem allows users to access a wide variety of retail stores and make purchases by paying through the Bytus token. Moreover, the Bytuscrypto bank will allow the easy and fast conversion of crypto into fiat money without any transaction fees. Since its launch Bytus has attracted great interest globally and has been much appreciated for its functionality. The ability to convert crypto through a channel as safe as Bytus without any interest charge is something that has allowed Global Digital Payment to reach unprecedented heights.With its huge network of retailers and businesses which seems to be growing every passing day, paying for your purchases online through crypto has never been this easy and reliable.Global Digital Payment strives to make crypto more than a commodity. We understand that it is the most reliable medium of exchange available to us. We seek to excel and improve our products continuously in order to achieve our goal of making financial transactions safe and secure for the common people.
Our mission is to remove all barriers that people face to use crypto as a mode of payment and its conversion into fiat. Through our state-of-the-art technology and our expertise in blockchain technology and mobile payments we seek to bring economic and financial balance in the world.
SERVICES OF THE COMPANY
The Bytus utility token is backed by Ethereum and will act as the medium of exchange in the Bytus ecosystem.
The Bytus Private Blockchain is based on the Graphene chain protocol. The private blockchain has attracted more than 15000 retailers from around the world.
Bytus wallet is an all-in-one online multi cryptocurrency wallet that supports a wide variety of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and others.
The Bytus crypto bank is a virtual institution based on a mobile app that will perform the banking function in the Bytus ecosystem.
The Bytus token is the key behind Global Digital Payment’s Bytus project. It is the unit of account through which the Bytus ecosystem will work. It indicates the channel size and acts as a fuel for the transactions you will make on our network. It is a utility token and it represents your net worth. The more tokens you have the more transactions you will be able to make on the network in a specified time interval.The token serves the following functions:
Once a token has been used it gets frozen for 24 hrs before another transaction can be made through it. These frozen tokens can be brought back to the main account with ease through an agreement between the buyer and seller. Global Digital Payment charges a rate of 3% per annum on the token balance in your wallet. The cryptocurrencies you list in your wallet will be converted into Bytus tokens to enable you to make transactions with the sellers on the Bytus network.
HOW IT WORKS
The Bytus Blockchain Private Network is the foundation of our Global Bytus Ecosystem. It will allow users to make transactions within the system without having to pay any sort of commission or transaction charges. The information regarding all transactions will remain public in accordance with the Blockchain technology to make sure your tokens do not get stolen or misused.
It is based on the Graphene chain protocol. The Graphene architecture allows for much greater throughput which means, Global Digital Payment’s network will easily cater to the needs of users in micro payments without having to incur any transaction costs.
The Bytus (BYTS) token is an Ethereum based utility token that is the driving force and the unit of account in the Bytus ecosystem. The cryptocurrency you put into your Bytus wallet will be converted into Bytus tokens to allow you to make transactions or convert your crypto into fiat money . The total supply of these tokens is 66 million out of which the company successfully sold 5 million achieving its hard cap in first round of the ICO held in 2018. The massive acceptability and usability of the token has allowed us to attract multiple businesses to be a part of the Bytus ecosystem. Both users and businesses have benefitted with the technology and their trust in Global Digital Payment has been a driving force behind our continuous improvement.
“This is what Global Digital Payment through the Bytus project seeks to achieve by creating a private network ecosystem where users and crypto owners can exchange their tokens for Bytus tokens. The tokens are then stored in the Bytus wallet ready for transactions. ”
“ByTus, a new platform based in New York, has been designed to solve the problems mentioned. ByTus is aimed at enabling users to independently control the security of their funds, simplifying the process of conversion to accelerate buying goods and services, and helping current retail chains easily payment of crypto-currencies who can attract new customers want to pay and receive new markets.”
“Bytus is the creation of a strong team led by its founder, Altug Tatlisu who is an experienced software developer with over 23 years of experience. Together with experienced staff, Tatlisu is propelling his idea of developing a platform that can solve various issues plaguing the digital payments and cryptocurrency industries.”
“The reason behind Bytus’ success has been its innovation in the blockchain technology. Altug Tatlisu, who is the brains behind Bytus’ blockchain as well as the founder of Global Digital Payment and Bytus, has used his years of experience as a blockchain developer and expert to give potential investors to put their trust in Bytus tokens.”
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