Bit Financial Coin Whitepaper

The BFC project will be developed so that convenient and prompt payment services can be used anytime and anywhere with all digital assets including crypto, and an open payment system will be established for all subjects of the economic system, including government agencies, financial companies, small and medium-sized enterprises, retailers, distributors and FinTech companies.

The BFC coin issued by the BFC project constitutes the following ecosystem (to be modified): – the key currency of the on- and off-line financial payment system within the BFC network.

– Global Total online shopping mall payment method

– Payment method in restaurant franchise

BFC Coin supports all payment systems that currently exist, including the installed payment method that adds the payment function on the website, face-to-face and non-face-to-face payments using the application. It also provides payment APIs and payment samples to support the establishment of payment services on the website in one hour under any development environment, including JAVA, PHP, ASP, Ruby, Python, Node.js.

The BFC project combines block chain technology and network to solve problems that were difficult to apply to real life and introduce an open crypto payment system platform that can compete with the existing centralized payment system. The BFC platform is the world’s first open payment network that supports asset management services and real-time payments of crypto-currency, and has the following characteristics.

. An open payment network that can revolutionize the payment system by means of coexistence and cooperation, not competition.
. Dynamically scalable networks to ensure quality of service (QoS) for global users . A service that allows anyone, including the government, banks, enterprises, distributors, etc. to use the payment system.
. Value Token (Tokenization)
. Payment Gateway for cryptographic assets and physical economic transactions . Mobile infrastructure for user convenience

The BFC project group thinks that “money” is a medium of value exchange, which should be used fluidly in real value or as a medium of exchange. At the base of the expansion of the crypto market is the expectation of the future value that it can function as a currency. Cryptocurrency now showing the nature of goods is also an additional product of what virtual currency will be worth in the future.

The BFC project will lead to change in the real world and create a new crypto ecosystem that has never been seen before, and present a new paradigm for crypto. Cryptocurrency will truly be internationally recognized for its value and form a BFC project ecosystem that will be used and developed by people from all over the world.

In addition, BFC coins will be a useful crypto in the ecosystem, which will be a medium of all transactions. To that end, we will create an ecosystem based on the real world where transactions can be made, bring the goods subject to the transaction into the corporate unit to have the generality of the crypto, and establish a process that goes beyond Bitcoin and Ethereum that can be exchanged directly at the beginning of the reality.

Bit Financial Coin

Bit Financial Website