BYZBIT – A UTILITY TOKEN FOR PAPER MILLS.

What is BYZBIT?

BYZBIT is a tokenized paper mill that exploits agriculatural waste and other materials in producing paper and blockchain technology in creating a value-added business economy that increases production capacity, efficiency and reduces waste and environmental pollution.It uses the Ethereum ERC-20 standard in its design to enable the exchange of economic values among BYZBIT economic participants thereby bridging the flow of economic communication between the physical and digital environment thereby ensuring easier and faster transfer of values.

Why BYZBIT?

The need to utilize agricultural waste productively thereby reducing environmental damage and meeting increasing demand on paper while exploiting blockchain technology to increase economic exchange.

The Paper Mill uses innovative solutions in achieving its objectives in paper production. It aims to achieve through the use of agricultural waste such as rice straws, teff straws, bagasse etc. and other input materials in producing paper in jumbo rolls after that will be distributed to manufacturing companies that focus on smaller size paper.

These materials will be sourced from the country of origin of Ethiopia while power will be generated for production using Smart Renewable Energy thereby promoting a green environment.BYZBIT tokens will be used by everyone to exchange values among the paper mill economic participants.

System Workflow:

Byzbit can be purchased through our service (internal exchange) and instead.
Byzbit can be sold through our service (internal exchange) and instead.
Paper distributors / partners will buy Byzbit to our service (internal exchange) and instead.
Paper distributors / partners will sell Byzbit to our service (internal exchange) and instead.
Paper distributors / partners will use Byzbit as a bond to get an exclusive partnership in an assignment area and Byzbit will also be used to buy paper products at a large discount.
The paper mill company will send paper products to distributors / paper partners
Employees will receive Byzbit as their salary.
Employees can use Byzbit in any service in the Company.
Employees can enjoy Byzbit services such as exchanging Byzbit for fiat, btc and Eth.

Blockchain Utility:

the power of byzbit as a new technology in this industry is to be able to offer our users an alternative route to traditional ways of doing agribusiness in both local and global markets. For this alternative to be attractive, it must provide significant benefits for conventional systems and be offered to our users at affordable prices. By utilizing the powerful technology that Blockchain is, we will be able to make reality of our business ideas in the right way that is not possible in traditional market settings. Blockchain separates the sender of funds from the validator thereby creating security in the transfer. With classic international bank transfers, there are many parties who need to get together in order for the transaction to be complete. Then you have the time and cost aspects. International bank payments require a lot of time because they are centralized and very expensive compared to sending funds using the Blockchain.

WALLET BYZBIT (WALLET ERC20)

Cryptocurrency wallets store public and private keys that can be used to receive or spend cryptocurrency. A wallet can contain several pairs of public and private keys.

BYZBIT

The Papermill Factory

The Paper Mill Factory utilizes innovative solutions in achieving its objectives of paper production. This it aims to achieve via usage agricultural wastes such as rice straws, teff straws, bagasse etc and other material inputs in producing papers in jumbo rolls after which it will be distributed to manufacturing firms who focus on smaller size papers. These materials will be sourced from the country of origin Ethiopia while power will be generated for production using Smart Renewable Energy thus promoting a green enviromnent. The BYZBIT token will be utilized by all for the exchange of values amongst participants of the paper mill economy.

ANDROID & IOS WALLETBYT

Compatible Wallets: BYT is an erc-20 token and it can be held in any ERC-20 compartible wallets such as Imtoken, Myetherwallet, Coinomi etc. However, for easy of usage, wallets with Mobile Apps are preferable.

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TOKEN DISTRIBUTION

Coin Specifications:

Coin name: Byzbit (BYT)
Ticker: BYT
Decimal: 18
Platform: Ethereum
Total Supply: 100,000,000 BYT
Distribution: Airdrop, Bounty, IEO, Personal Sales
Initial value: 0.3 USD = 1 BYT
Smart Contarct: 0xb089db4cebbf0618b295d9defc7feb00f56da033

Token Allocation:

BYZBIT (BYT) will be distributed via airdrop / bounty, IEO and Private sales. If BYZBIT (BYT) coins are sold out before the deadline, the user / buyer must wait before the next round. Users / buyers can buy BYZBIT coins (BYT) using bitcoin, Ethereum

Use of Funds / Budget Allocation

ROADMAP:

TEAM:

The BYZBIT project consists of experienced and highly talented individuals in the Blockchain and Paper Mill industry and these are all here to provide the best that both industries have to offer.

ADVISORY:

This time I write about the BYZBIT project, I hope it will be useful for those of you who want to get to know about this project, for more detailed information about the BYZBIT project. You can visit the link below:

Website: https://byzbit.net/
Whitepaper: https://byzbit.net/download/byzbit-white-paper-ver1-0.pdf
Telegram Group: https://t.me/byzbit
Telegram Channel: https://t.me/byzbitchannel
Facebook: https://www.facebook.com/Byzbit/
Twitter: https://twitter.com/byzbit?s=07
ANN Thread: https://bitcointalk.org/index.php?
topic=5172598.msg52071766#msg52071766

AUTHOR

Bitcointalk name: DEWI08

Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=894088

Telegram username: @ dhewio8

Wallet address (eth): 0x53D1Ea8619E638e286f914987D107d570fDD686B

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