Technology is uniting the world with the global expansion of markets, with this the ways of payment are also evolving. From barter system to electronic transfer, there have been endless ways of commencing the trade. Today, the markets all over the world are turning into one single platform of merchandise. And the payment systems have played a major role behind this.
Digital revolution has enabled an end user to buy commodities from the farthest corners of the world. However, there are still so many things to be done with respect to an ease of purchase, the payment portals have surely developed, but they are yet to enter a phase which supersedes all the shortcomings faced at the point of sale.
Bytus has a mission to create a convenient, safe ecosystem so that the user can conveniently pay both through payment terminals and via the internet using a QR code with instant conversion of cryptocurrency into fiat.
Bytus provides a platform where a token is needed for work. The utility token in this project is a key tool the system cannot exist without it.
It is intended to indicate the size of the channel. The more tokens you have, the wider payment channel. The width of the channel allows transactions on the network within the allotted time interval.
The new ecosystem promotes a policy of full openness, maximum cooperation, speed and the possibility of increasing the number of currencies, all in one application.
Bytus will help current retail chains easily payment of crypto-currencies who can attract new customers want to pay and receive new markets.