BITENNY - Leveraging Technology and Innovation To Simplify Financial Asset Management and The Payment Industry

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, Bitenny, which is designed as a means of bridging the gap between traditional fiat currencies and their digital, cryptographic counterparts came on board.

ABOUT BITENNY

Bitenny is designed as a means of bridging the gap between traditional fiat currencies and their digital, cryptographic counterparts. In doing so, Bitenny will make digital currency a far more usable asset in the real world. It will unite traditional and futurecentric payment concepts in the process, putting itself in a unique position in the fintech marketplace and giving us a keen focus on the future of business and commerce.

THE GOAL

The main goal of this project is to provide the world around us with a seamless tool for fast, high-quality and secure digital transactions to pay for any goods and services with the help of cryptocurrencies available to the world.

Bitenny intends to achieve its goals with the help of a symbiosis of different technologies and effective tools that will eliminate any problems and barriers existing in our daily lives. Moreover, the mission of Bitenny also includes the popularization of cryptocurrency funds everywhere, due to its high-quality platform.

THE BITENNY PLATFORM

Bitenny's structure incorporates two separate components, operating together as a whole to provide comprehensive functionality to users. These components are as follows: The Bitenny platform and the Bitenny backend.

THE PROBLEM AND SOLUTION

The Problems & Solutions as indicated on the official website of Bitenny:

Solving problem for users

Bitenny helps to lower the risk and trepidation of investing in crypto by offering a free AI-enabled wallet. This system allows users to swap virtual currencies more securely, with full compliance. Unlike similar platforms, it also has tight integration between virtual and physical currencies, letting people hold, pay and distribute cryptocurrencies and fiat currencies with ease.

Real-time access to crypto markets means Prally, the interactive assistant, can inform users about current trading opportunities and provide them with ideas on trade execution. A key feature, this limits the risk that comes from having lack of experience in investing in crypto.

Solving problem for merchants

To create a seamless experience for businesses that want to accept crypto payments, Bitenny comes equipped with the fully featured Bitenny API, which is easy to integrate into online stores and is available free of charge.

Rather than one easy-to-use platform, merchants are stuck with several Payment Service Providers (PSPs) with a lack of integration between them. Bitenny, an advanced technical platform accepting over 50 methods of payment, including comprehensive crypto integration, solves this problem.

Solving problem for brick-and-mortar merchants

A lack of specialised software has made it difficult for physical stores to accept crypto payments. The Bitenny system can be installed easily on a tablet-PC to be used by the cashier at the point of sale, allowing users with a Bitenny Wallet to pay with cryptocurrency.

The BENEFITS

Bitenny will be an ideal solution not only for private use, but also for other large corporate clients, as well as various crypto-exchanges and banks. To do this, Bitenny has all the necessary modular structures that allow you to complement all possible services, as well as communicate with any type of client, providing maximum security and transparency of all processes.

Advantage of Bitenny platform is its computing core, which contributes to the maximum level of security and scalability of the entire system. Moreover, all exchange processes interact directly with artificial intelligence algorithms, allowing you to receive any type of data in real time quickly and safely.

Thus, within the framework of Bitenny you can easily check not only the balance of your wallet, but also to carry out any type of trade both outside the system and within it. All this and much more is waiting for all those who want to join the Bitenny system.

Token and ICO Details

The BTNY token will have genuine value both in the real world sphere and online. This includes real fungibility across a range of transactions, and usage as a vehicle for payments relating to goods and services. All services, fees and licensing of the Bitenny platform use BTNY utility token. BTNY may be used as an in-between when converting tokenized FIAT currencies between Bitenny accounts, which enables rate discovery, advances liquidity and eases adaptation across local currencies.

Utility token

Token Name ‘BTNY’ - an ERC20 token

Will be listed at crypto exchanges

Will be required to use some of the platform features

Token sale terms

Token price: 0.07 USD per BTNY

Hardcap:25 000 000 USD

Max tokens:1 000 000 000 BTNY

Unsold tokens will be burned

Token sale terms

Bonuses available

+5% bonus for purchasing > 100 ETH