Here we want to introduce BIZpaye which will explain the advantages of BIZpaye vision and BIZpaye mission benefits from joining BIZpaye what can be utilized from BIZpaye and everything related to BIZpaye before we convey a lot of thanks ...
In this article I will provide an article to present the "BIZpaye" project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main objective is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of getting tokens or investing.
The BIZpaye Ecosystem will become a global decentralized barter market where businesses and consumers (collectively traders) can interact with products. This unique market allows transactions to take place in B2B, B2C, C2B, and C2C modes using a mixed fabric transaction unit (MFTU). The MFTU can consist of cash and / or the Crypto BIZpaye currency and / or BIZpaye Barter Credit.
Members enjoy efficiency in terms of product costs, transaction costs and speed to transact together with unprecedented security and transparency.
Members enjoy efficiency in terms of product costs, transaction costs and speed to transact together with unprecedented security and transparency.
CRYPTO BIZpaye Introduction:
Comparison with competitors:
The BIZpaye Ecosystem will be operated as a subsidiary of APB International Pte. Ltd., a company registered in Singapore.
The subsidiary will be the official entity that creates the "CRYPTO" BIZpaye Token and distributes tokens.
The focus is on the release and operation of open source cryptographic technology that will enable the expansion and sustainable growth of the BIZpaye trade network which will become the BIZpaye ecosystem. To be clear and to avoid doubt, BIZpaye "CRYPTO" Token will not describe to the holder of the token ownership or other interests in the BIZpaye or ecosystem. In addition, token holders are not entitled to any form of dividend, profit distribution or income, or any right to contribute or vote on any issues in the ecosystem.
Members join BIZpaye by filling out an application form and passing the KYC process. After successfully completing the application process, members can sell goods and services in an ecosystem with a mix of fiat, barter credit, and tokens. The value of ownership of members of the BIZpaye Token "CRYPTO" will be stored in their personal account wallet on the platform. Wallet content is public information and stored in a decentralized database; this helps transparency in terms of the ability of members to trade at a certain level.
Smart contracts will be created to facilitate trade between members and hold the "CRYPTO" BIZpaye Token in escrow while awaiting settlement of trade. BIZpaye "CRYPTO" Tokens can be stored in various ways including an integrated online wallet available for each active account or any other compatible wallet.
BIZpaye member:
The cryptographic development environment is in its infancy. The aim is to choose an open source solution that is suitable for the development of the BIZpaye ecosystem to ensure globally measured, stable, decentralized and sustainable global solutions both in the short and long term.
The BIZpaye ecosystem will consist of various processes and participants.
• Member (as Buyer)
• Member (as a Seller)
• Fulfillment Resources
• BIZpaye trading platform
• BIZpaye crypto wallet / decentralized database
• Support Center
Member (as Buyer):
Purchasing members are individuals or businesses who want to buy goods and services from other members in an efficient, economical, fast, transparent, unreliable way through one of the many available transaction processes ... namely Mobile Applications, Websites, face-to-face etc. .
The actions of members (as buyers) can include:Member (as Seller):
• Search for goods and services registered by members (as sellers)
• Make an order
• Pay for goods and services
• Paying fees
• Receive crypto prizes
• Give member feedback
• Receive promotional rewards, loyalty, referrals and feedback
Members as sellers are individuals or businesses who want to sell goods and services. Goods and services will
includes any consumer goods that may be relevant to global consumers and business trading markets from
rice to property, from window cleaning to property acquisition.
The actions of members (as sellers) can include:
• Publish goods and services for sale
• Sending goods and services (can be provided by external fulfillment resources)
• Give feedback
• Paying fees.
Fulfillment Resources:
Order fulfillment is done either by the buyer / seller or external fulfillment resources.
The Barter Trade BIZpaye platform and BIZpaye Crypto will become a decentralized global market that facilitates trade between members.
Members (as sellers) join the ecosystem and publish details of their goods and services for sale, continue with promotion and loyalty campaigns, provide and receive feedback from members and fulfillment resources.
Members (as buyers) can order goods and services and interact with the order fulfillment process.
Platform actions (as a whole) include:
• BIZpaye Crypto creation
• ITO
• Provision of decentralized, transparent and safe procedures for order placement, order fulfillment, and order completion
• Provision of smart contracts to facilitate payments without trust in accordance with compliance procedures
• Website development and maintenance, member applications, applications or fulfillment interfaces
• Provision of effective incentive models for members to join and use the BIZpaye ecosystem
• Placement of development activities and campaigns to trigger initial traction
Support Center:
BIZpaye realized that trading the MFTU was commonplace. The MFTU can consist of cash and / or the Crypto BIZpaye currency and / or BIZpaye Barter Credit.
The CEO of BIZpaye, Laurie Muir and his team brought more than 100 years of combined experience to the table regarding the mechanism of forming a merchant / member base (as a seller).
The growth of BIZpaye membership will not be allowed to change or be allowed to grow organically; Conversely, local and global member support centers will interact with markets that focus on membership growth.
Support center actions include:
• Member acquisition campaigns
• KYC process
• Management of educational events
• POS services
Smart Contracts and Blockchain:
Blockchain can be considered as a distributed / decentralized and shared database technology. Each element in the database is replicated throughout the network to ensure security and validity. This is a technology that supports many digital currencies and other crypto assets.
In the early days of the blockchain, the bitcoin blockchain was and was able to store numbers attached to the address (public key) and actions taken on those numbers (moving from one public key to another key) facilitated and authorized by public owners / key pairs personal.
Moving on the blockchain now facilitates the storage of additional and complex information including Smart contracts ", available on the Ethereum Smart Contracts network are available program objects on the blockchain and are there forever or until their GAS limits are reached.
Objects can have member functions or methods plus data elements. The content of the data elements is stored on the blockchain.
The new BIZpaye ecosystem will use smart contracts to facilitate the advertising of goods and services, initiate transactions for the MFTU and complete orders after interactions with fulfillment resources.
Requirements for parameter agreements between members (as buyers), members (as sellers) and fulfillment resources will be directly coded and or built into smart contract codes.
The blockchain code of the BIZpaye ecosystem will be open source, thus facilitating a high level of transparency and trust throughout the BIZpaye ecosystem. All BIZpaye smart contracts are distributed throughout the decentralized blockchain network.
Smart contracts provide an environment where transactions and agreements without trust can be carried out by different parties, spread geographically and anonymously without using central authority to control or cross-border legal systems. Transactions in the BIZpaye ecosystem can be tracked, transparent and cannot be changed.
The architecture of the BIZpaye Crypto platform is a very high global trade solution. BIZpaye sees market opportunities and the potential of the BIZpaye ecosystem in millions of global members. Each member is able to carry out several seller and buyer transactions per month, week or day. In this case the main focus for architecture is performance.
Appropriate open source blockchain technology will be reviewed to ensure the chosen solution has adequate smart contract support while providing ease of use, speed, certainty and stability. BIZpaye will continue to monitor alternative technical implementations along with the development of the project. Currently several existing blockchain platforms such as Ethereum have been proven to have limits in terms of transaction volume. Other prospective platforms and frameworks are under development.
BIZpaye can consider building its own blockchain platform in the future.
Blockchain Application in the BIZpaye Ecosystem:
Many aspects of the BIZpaye ecosystem will be connected to the blockchain.
The main ones are:
• Smart contracts
• Payment
Smart Contract:
The introduction of 2nd generation Blockchain technology such as complex data and smart contracts brings a new set of tools and frameworks with which BIZpaye will create a new generation of markets.
In the BIZpaye ecosystem, members (as sellers) and members (as buyers) can interact and engage in untrustworthy MFTU transactions that are always protected by various trade and business rules. BIZpaye will consider providing a number of parameterized smart contract templates to facilitate the sales mechanism.
There are no requirements for activities and intermediary fees.
We all know that the arrival of e-mails interferes with the use of fax machines and the introduction of the internet has plagued many traditional brick and mortar businesses. The introduction of the BIZpaye trade ecosystem we will see the use of smart contract technology (2nd generation blockchain) facilitating peer-to-peer markets that disrupt local and national trading activities in B2B, B2C, C2B, and C2C environments.
This true peer-to-peer trading structure, made possible by the nature of the decentralization of the BIZpaye ecosystem, will give power, in terms of trade, to people who participate in the ecosystem.
Payment:
The payment process in a traditional e-commerce environment is complicated (such complexity only increases when people see multi-currency and cross-border requirements) The BIZpaye Barter Trading Platform and the Crypto BIZpaye platform jointly manage ecosystems without transparent trust, all aspects of payment.
The introduction of blockchain further eliminates complexity and reduces costs while increasing efficiency, scalability and speed.
BIZpaye acknowledged more than 5 years ago that the use of the Blockchain on MFT would be the most important and had worked hard to build a global membership based on the first generation BIZpaye ecosystem in readiness to launch the "CRYPTO" BIZpaye Token.
Global payment processing utilizing the blockchain for BIZpaye Barter Trade and BIZpaye Crypto has very significant potential for explosive growth throughout the community of members.
The potential to use the MFTU with smart (parameter and templated) contracts will only increase along with the increase in Blockchain and increased revenue.
The "CRYPTO" BIZpaye Token ledger will provide a clear and comprehensive ledger system, without trust that facilitates global trade in which the Barter Trade BIZpaye and "CRYPTO" Token are sent and exchanged globally at different times and for different reasons all are controlled by predetermined rules and events in smart contract templarated parameters in the BIZpaye ecosystem.
Roadmap:
Team:
Advisor:
To get information that can accurately visit BIZpaye, our website:
AUTHOR: Anakcikal
MY BITCOINTALK PROFILE: ( Anakcikal )
ETH: 0xACE4b197bAEd4ABc6c12fD034BE655ed3141E1c6
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