A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, BIZpaye is committed to providing a safe, compliant and reputable service to customers. For this reason, BIZpaye insists on a comprehensive and thorough Know Your Customer (KYC) and anti-money laundering (AML) / combating the finance of terrorism (CFT) compliance implementation.
"Blockchain in retail refers to the technology that maintains and manages distributed database consisting of transactions among different parties, including suppliers, manufacturers, or customers involved or related to the business. The transaction is recorded in chronological order and provides transaction details to every connected user.
The growth of the global blockchain in retail market is driven by growth in demand for transparency related to product origin or processes and rise in need to reduce duplicative record keeping. Other factors that fuel the market growth include rapid digitalization and reduced total cost of ownership. However, factors such as lack of awareness related to blockchain technology and increase in counterfeit products restrict the growth of the market.
The report segments the blockchain in retail market on the basis of type, application, and geography. On the basis of type, the market is categorized into public, private, and others. Applications covered in the study include exchange, payment, documentation, others."
With that being said, BIZpaye's mission is to deliver flexible and more convenient ways to transact across all borders, while providing complete transparency and low fees to a global audience within its own ecosystem. The BIZpaye team aims to offer ways to liquidize idle and spare capacity for small and medium sized enterprises and help them generate more revenue and provide a leaner business model.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is BIZpaye?
As depicted above and as indicated on the official whitepaper of BIZpaye, The BIZpaye CRYPTO Token currency will become part of the BIZpaye International Group of Companies, an established multi-transactional B2B & B2C Online and offline retail Marketplace whose active Merchants and customers trade millions of dollars every year.
Again, BIZpaye CRYTPO is a Singapore group of International Group of Companies that is been develop for multi-value-based B2B and B2C Merchant Marketplace both for offline and online retail marketplace by building a friendly Franchised Operations which cut across twelve countries over the global which is target to meet the needs of everyone globally for online shopping of goods and services, the BIZpaye CRYTPO Member Merchants now full access to exchange a large number of dollars by means of the BIZpaye framework consistently without any obstacle . The BIZpaye CRYTPO have been operation for the past five years with notable impact on her countries of operation making lifes more convenient for everyone with it robust technology which is built on the state of the art facility.
The Mission and Vision
BIZpaye mission is to deliver fl exible and more convenient ways to transact across all borders, while providing complete transparency and low fees to a global audience within its own ecosystem. The BIZpaye team aims to off er ways to liquidize idle and spare capacity for small and medium sized enterprises and help them generate more revenue and provide a leaner business model.
For many years BIZpaye has been working closely with our technology partners, such as Global Exchange Trading Systems, Bartervana, Runasis and more to tailor existing platforms into workable systems that will allow BIZpaye Merchants to transact and trade to the unique ways in which BIZpaye has been design from the ground up. These transactional systems include Merchant front ends and rear end Customer Relationship Management platforms designed to stimulate and enhance potential trading and transactions of Merchants.
Working in conjunction with our technology partners such as Global Exchange Trading Systems, Bartervana, Runasis and more, the aim has always been to keep BIZpaye on the forefront of technology within the industry using traditional offl ine and online platforms and systems to help develop and grow transactions and trading alike. With the advent of BIZpaye moving towards the Blockchain, we see the opportunities to enhance both our Merchant experience and transactional systems as being almost endless, more secure and more transparent as a result of Blockchain technology adaptation.
BIZpaye prides itself in the fact that leading into the offi cial launch of BIZpaye 5 years ago, more than 1 year prior to this, work began on the development of various resources and systems designed to support our Franchise Partners grow the BIZpaye network worldwide. From Franchise Manuals, the system process and documents, training packages and more we developed and continued to be developed and enhanced to help Franchisee’s enter new markets and grow existing markets.
As Technology grows via the Blockchain, so will the new and enhanced sets of guidelines, procedures and training evolve off ering both Merchants and BIZpaye staff access and understanding how this new Blockchain based technology will interact with the day to day BIZpaye environment.
BIZpaye CRYPTO and the BIZpaye “CRYPTO” Token will join the already established transactional business units of BIZpaye, including BIZpaye Corporate, BIZpaye Trade, BIZpaye Rewards, BIZpaye Licensee, BIZpaye Property and Radio BIZpaye.
BIZpaye’s main Merchant trading ecosystem known as BIZpaye Trade has been operating for many years now, similar to that of a credit card, but using a Barter Credit system. A Barter Credit is a localized non-fi at accounting unit of payment used to record the value of barter transactions.
Most Governments worldwide recognize Barter Credits as a form of payment for Tax. A Barter Credit is pegged against the local currency or origin in which it is transacted in and cannot be moved across borders or exchanged for other local barter credits.
The diagram below illustrates the inter-connectivity of members in the BIZpaye ecosystem and how operations are carried out:
The ecosystem comprises of the following
Members (as Buyers)
Members (as Sellers)
BIZpaye trade platform
BIZpaye CRYTPO wallets/decentralized database
Utmost transparency and simplicity of the platform that also allows merchants to give feedback after buying and selling of goods
Highly secure storage of user’s information and data which is done on the BIZpaye Barter Trade off blockchain
Ability of users to swap other tokens in their portfolio to the native token of the platform through BIZpaye token swap without any third party
Availability of BIZpaye credit card that is build with maximum security which allows you to use your crypto asset for performing multi-transactional B2B & B2C online and
Bonuses and rewards for members.
The Benefits of BIZpaye Token Swap
One of the great benefits of using BIZpaye crypto is that users of the Bizpaye marketplace will be able swap other tokens they possess on their portfolio which can be swap to the native token of the bizpaye crypto platform. Whether the Tokens value or not users to the platform can swap them easily without any security breach at their own comfort and this does not need help of a third party immediately after the swap has been made users will now be able to buy anything they intend to buy or sell on the BIZpaye Marketplace
Thanks to the team and the advisors who gave these directive to remove burden from crypto enthusiast in the crypto space. With BIZpaye CRYTPO to more worry on how to use your token again .
Therefore think of BIZpaye CRYTPO think of success in adoption of crypto asset.
Token Name: BIZpaye Crypto
Token Trading Symbol: CRYPTO
Token Type: ERC-20
Tokens Minted: 1,000,000,000
Token Decimals: 18
Tokens In Circulation: 44,810,560 (Last Report April 15, 2019)
Token Address: 0x7875bAfc5d63Fa035DeA0809c2a57A382d772903
MEET THE AMAZING TEAM
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Till next time…
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Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.