Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.
Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.
As more technological advancements are uncovered, Bithemoth, an accomplished comprehensive digital mazuma trade stage intended to upgrade/reexamine the market came on board.
ADVANTAGES OF BLOCKCHAIN IMPLEMENTATION
Decentralized Payment Processing
The payment processing framework for global commerce is based on a centralized system which requires the services of third-party authenticators. These third-party agents are responsible for ensuring the fidelity of the global payments system and they charge fees for their services. One of the fundamental philosophies behind the operation of the blockchain is the removal of these third-party agents and their associated cost of trust and replacing them with a robust, functioning distributed ledger payment framework.
Creating an Immutable System of Record
The blockchain is the first successful implementation of the distributed ledger framework. On public blockchains, the distributed ledger constitutes an immutable system of records that is available to all participants. The immutability of a blockchain ensures that it is tamper-proof.
Reducing Cost of Transaction
Payment processing remains the basic level of commerce but it is one that has not seen much in the way of evolution since the emergence of fintech protocols. Blockchain technology has the potential to disrupt commerce by causing a paradigm shift in the mechanism by which transactions are carried out. The fees charged by third-party actors and middlemen in the payment chain constitute a considerable portion of the cost of transactions. By eliminating the middlemen, the cost of transaction is materially diminished.
Operating on a multinational scale opens up any enterprise to the activities of hackers looking to breach the structural and functional integrity of the platform. Blockchain technology offers a robust security framework that makes it difficult for hackers to make an incursion into the platform. There is no central point of failure and hence no single point of entry for malicious digital attacks. This ensures the safety and security of the data collected by field agents and the payment processing network. that provides an accurate accounting for the entire platform.
Bithemoth is an accomplished comprehensive digital mazuma trade stage intended to upgrade/reexamine the market.
The platform usability combines a number of new features that are dedicated to enhancing the experience of our exchange users. It's not only technology features behind the revolutionary exchanges, It will also be optimized for reviews being user friendly. This will support new individuals entering the Crypto Market, while providing many features to accommodate the needs of cryptocurrency investors who turn pale experienced.
In the world of cryptography, there are various problems that serve only to convince potential investors to become part of the revolutionary blockade.
One of the problems with trading platforms is poor customer service. In most cases, you will be able to access the chat. These chatbots are usually poorly designed. Therefore, most customers eventually give up. In addition, most platforms never select calls. When they do, they offer a dull advice, which eventually becomes even more unpleasant. To solve this problem, Bithemoth will hire highly qualified experts who will also be well prepared. This will help provide customers with the best quality of service they deserve.
Another issue is international support. There are exchanges in which people from all over the world can not trade because of the language barrier and other problems. Bithemoth will offer multilingual support and will provide access to them from anywhere in the world.
WHY YOU SHOULD INVEST?
We are the all-in-one Blockchain Asset Solution.
Determination is what we strive for.
Useful both as a short term and long term investment.
Bithemoth exchange was created using 3 Main Main pillars; Accessibility , Usability and Profitability
Created by a mixture of beginner entrepreneurs and experienced investors, Bithemoth combines the experience of his team to review crypto exchanges that include ALL that will filter how the cryptocurrency currency is traded. Our platform will combine several new features to differentiate itself from previous exchanges, and establish itself in the crypto market. Leveraging on the diversity of our team, we create a strong and strong exchange that will not only meet the needs of investors under traditional control, but also will simplify the process, even allowing individual non-technology to start trading.
Another problem that we will discuss is the current exchange rate. Some investors have complained about the speed of snails that are exchanged for currency, which results in heavy losses.
We are a future examination of our exchanges to ensure scalability and speed. We will achieve this by establishing a strong foundation for the platform to grow. This will ensure that the exchange will be able to maintain efficiency if there is a surge in user registration. In addition, we will also assign a support team that will be charged responsibility for resolving user questions and complaints in the shortest possible time.
The biggest challenge faced by investors in the crypto market is the problem of customer service and support. The challenges range from unresponsive support teams to rude staff members. From our visibility study, we found that there was never an exchange with a world class support team.
At Bithemoth, we place value on the investor trading experience, which is why we maintain a pleasant trading environment. We realize that having a world class support team cannot be over emphasized.
To face this challenge, we will employ top-class customer service experts to work in our customer service units. These experts will be adequately trained and certified to handle customer questions and complaints. We will create a task point to train and maintain our customer service team, and the costs will be borne by Bithemoth. This training will harmonize the superior standards of our exchange with the interpersonal skills of our staff members. That’s not all, we will only choose the best candidates for jobs to reduce the waiting time that users will get a response from us. After the user reports a problem, our customer service will respond to the complaint as soon as possible humanely. Trading experience is the priority of the Bithemoth team and we are motivated to gather the best support team.
In a bid to operate as a link between traditional finance and the digital asset economy, the Bithemoth platform has come up with a simple and conventionally adoptive system. Three major aspects of the digital economy will be simplified by Bithemoth's diverse ecosystem thus presenting (i) an exchange, (ii) a trading platform, and (iii) a complete ICO incubator.
A wide range of services will be made available as Bithemoth works alongside its partners. New traders can invest in cryptocurrencies with a few clicks on the exchange using our adjustable and user-friendly environment, while professional investors can conveniently use our trading platform that has been designed with a vigorous toolset. Bithemoth’s ecosystem envisions its ability to provide companies with an ICO incubator that is ready to use that supports project development thus enhancing growth and collaboration.
Bithemoth hopes to offer payment processes for both cryptocurrencies and fiat that are fast and secure by establishing stable banking relationships. Bithemoth also plans on implementing andadding to the already existing features, a unique system of rewards for Bithemoth coin (BHM) purchasers, and carefully designed custom trading solutions to meet the needs of the digital asset economy.
At Bithemoth, we believe that client enthusiasm, participation and user retention can be increased by engaging them on the platform through added opportunities to earn. This will allow for more liquidity within the engine thereby keeping spread low and generating higher overall volumes. We plan on rewarding users for participation in BHM and as the platform develops, the scope of reward activities will change and grow. Upon the release of the Bithemoth platform, users will be rewarded for simply signing up on the platform and creating a wallet, referring friends to the platform, using the exchange for the first time, and completing user feedback forms which will help the team to continuously improve on the platform.
Bithemoth Coin (BHM)
Bithemoth Coin (BHM) will be the token coin that we will issue. There will be a maximum amount of 200 000 000(two hundred million) coins that will be created. We do not intend to increase it further.
BHM is modelled and will run using the Ethereum blockchain with ERC 20. This will ensure the safety and security of the token in the long term.
Country: South Africa
Token Type: ERC20
Available for sale: 120,000,000 BHM (60%)
Pre-sale Price : 1 BHM = 0.22 EUR
ICO Price: 1 BHM = 0.22 EUR
Bonus Structure for Pre-Token Sale and Token Sale Participants
Pre-sale token participants will receive tiered discounts on the price of BHM depending on entry time. The discount will reduce as more tokens are sold. The practice with other exchanges is that they offer larger discounts to private investors even before the ICO pre-sale and main sale goes live. Bithemoth is applying a paradigm shift in this regard by offering the discount to everybody on its platform rather than to some select private investors.
We strive to create a token buyback reserve that would be funded with 20% of the net revenues accruable to us with a view to adding liquidity to bolster the market.
It is our intention that investors will have the opportunity to receive invitations and enjoy exclusive opportunity during our future token sales.
Project Vision - September 2017
Creation Team - October 2017
Development begins - December 2017
Pre-sale - Q3 2018
ICO - Q3 2018
Beta launch - Q3 2018
Full release of effects - Q4 2018
Global Marketing Campaign - Q3 2018
Launch of Cellular Application - Q4 2018
Patent and Product License - Q4 2018
Market Implementation - Estimated Q1 2019
Hardware Wallet Integration - Estimated Q4 2019
Brick and mortar shop - Estimated Q4 2019
THE FOUNDATION TEAM
ADAM-BAREK: CEO and Co-Founder
LUQMAAN-MOOLLA: COO and Co-Founder
DR. MOHAMED CISCO: CFO and Co-Founder
SIDDIQ-MOOLLA: CIO and Co-Founder
MUHAMMED-NAGY: Lead Software Engineer
LINKON ISLAM: Lead Front End Developer
ALY-KAFOURY: Software Engineer
MOHAMED-ZAIN: Senior Software Engineer
JOSHUA-WAISWA: Software Engineer
MURAMOTO-HANAKO: Senior Front End Developer
MING-LI: Senior Software Engineer
ZHANG-YUE: Senior Software Engineer
DR.-KEVIN-LAI: Director of Business Administration
BRIAN-JUNG: Community Director
MICHOLAS SAMOONDAR: Director of Marketing Partnerships
HEMANT-SUD: Marketing Specialist
RUIHE-RIN: Software Research
DANIELA GAVIRIA: Investor Relations
THE DEVELOPMENT TEAM
ERIC-ALLEN: Head Coordinator
NOTE: This article is just a guide to prospective clients, investors and every person scorching for a slice of this amazing project,
You can get more information about these project with huge potential by following the link below:
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