RUN YOUR BUSINESS IN PAPER MILL BY USING BYZBIT

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What is BYZBIT?

BYZBIT is a platform that used to paper mill industry. BYZBIT wants to build a digital system which pays the employee salary into a bank. In the future, BYZBIT will be a good system to organize the salary. The user is also can use BYZBIT to service payment. in the BYZBIT platform, the user will find a new technology the alternative route of traditional way related to business in farming. The business is in the global and local market.

Worker and Employee in BYZBIT Platform

BYZBIT offers an advantage in a conventional system like get an appropriate price. The business in the BYZBIT is not in the form of a traditional market setting. The technology in BYZBIT is based on blockchain technology. It separates the fund sender from validation to create the security to user transfer. Besides blockchain technology. In the BYZBIT there is smart contract technology. The use of blockchain technology in the BYZBIT make this platform can create a platform that can provide trust for global parties.

Both worker and employee can make trust each other before running a business. For the employee, they can make payment with giving instruction, and then create a milestone for an employee in a month. They will be able to set the amount of salary. This is the so-called gate payment. there is Escrow service in the BYZBIT. What the function of Escrow? The user uses it to save the upcoming salary. How does it work? The worker has to finish their jobs in a month and then send the result to employers. They can sign off the job in a month as the sign that the job is finish.

BYZBIT to Organize The Salary

There is a problem when the user saves the salary in the international bank payment. it is very slow and expensive. There will be sensitive information and personal exchange. The transaction needs a long time. Imagine that the payment of international bank needs time two until fourteen days related to the country transfer. Based on this problem many banks make the transaction shorter and need minimum time. However, for the exchange, it still needs a process. It is better to use blockchain technology that has some reasonable features like safer and quicker.

BYZBIT focuses on energy production. It is based on the blockchain in the high level of service and production. It is the first world platform to the paper mill industry. The platform based on Ethereum model. It combines the world business area in farming and production of paper with good technology of blockchain. So, the transaction in the BYZBIT is very fast and transparent.

BYZBIT can be used to the salary of an employee in a paper mill. The employee can exchange the token every time. However, it needs the paper mill company to provide its local exchange. BYZBIT has some partner in Ethiopia. They had been introducing the use of BYT token to all country. They introduce the service and payment method. All people can use it for a variant transaction like an exchange, market cap, and order.

Thank You for Reading My Article About BYZBIT
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Name: Ridwan.P
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