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6 лет назад

BITRUST - decentralized peer-2-peer cryptocurrency platform!


BITRUST is a decentralized, easy to use, peer-2-peer cryptocurrency insurance platform based on Ethereum blockchain leveraging smart-contract technology.

BITRUST objective is to serve retail digital currency investors who basically average monthly trading volume in the area of $100 and $100,000. So to simplify this and how this all works.
Bitrust is a platform that focuses on providing and developing cryptocurrency insurance services that enable users to be able to invest in the cryptocurrency market better and easier. Bitrust is developed using Blockchain technology, which enables the creation of a decentralized, transparent and affordable cryptocurrency insurance service for use by cryptocurrency investors. Bitrust aims to provide a cryptocurrency insurance platform that will directly resolve issues related to the management of digital assets owned by cryptocurrency investors and make it more revolutionary by using Blockchain technology.

HOW IT WORKS

Since BITRUST is a peer-to-peer decentralized cryptocurrency insurance platform, a BITRUST smart contract can involve two or more counteragents. For simplicity, we use the following terms: those seeking an insurance are Buyers (B-side), and those willing to insure are called Sellers (S-side).

  • B-side places a bid on the BITRUST platform to insure a certain position :
    Insure against ETH (with a value of $100) dropping in price by 30% against BTC for 96 hours (based on a certain index).

  • With or without certain conditions:
    Willing to pay in digital currencies an equivalent of $5 as an insurance. Claim an equivalent of $15 in case the price drops to $70 or below.

  • S-side may be just one seller or a cluster of several sellers, which can :
    Agree to the terms proposed by B-side. Or make a counter offer proposing slightly amended terms.


Main features

  • Decentralized
    The organization of BITRUST virtual currency insurance system is decentralized exchange and deal clearing platform which eliminates possible scam one point of failure risks and stops the platform external law.

  • Anonymous
    BITRUST doesn't ask you for any individual detail because they believe that options to manage your own properties and trade should not be exaggerated by who you're.

  • Intuitive and simply to use UI
    The user interface of the platform crypto currency system is one of the easiest and very user friendly you have ever seen in field of cryptocurrency. It was BITRUST's priority from the begin to make product as simple as and as intuitive as doable for all users. We're motivated by the enormous Mobile Banking apps & services so that you feel memorable working with BITRUST network.


BITRUST utilizes Ethereum smart contract technology, which guarantees the execution of a transaction that has been pre-agreed by both parties. The entire transaction within BITRUST requires both parties — the buyer of insurance and the seller of insurance — to lock their funds in BITRUST tokens (BTF) or a certain set of other cryptocurrencies as permitted by our platform. After the insurance contract date expires (as pre-agreed by both parties) and based on the provided, the BITRUST smart contract is executed in a decentralized and automated way — ensuring the agreed terms are carried out. This mechanism eliminates the possibility of fraudulent behavior by any of the parties involved, e. g. not delivering on the promise (payment) in case the “bet” did not go in their favor.

Token Sale and ICO

Bitrust provides a token named Bitrust token or abbreviated BTF token, which has a function as a means of payment and funding support from the BITRUST Platform. These tokens can benefit investors with increasing prices. Bitrust only implements 0.1% fees from each transaction performed using this token.

BITRUST offers a simple, affordable, secure and easy-to-use risk mitigation solution for cryptocurrency enthusiasts around the world

• ICO dates: April 2nd 2018 To May 31st 2018
• Platform: ETH
• Token: BTF
• Total tokens: 250,000,000
• Initial token value: $0.0800
• Accepted Currencies: LTC, ETH, BTC
• Country: UK

Token allocation

The tokens will be allocated among participants in the ICO, the BITRUST founding team, advisors, and members of the bounty program.

  • The maximum number of tokens created will be BTF 250,000,000.
  • The number of tokens available during the token sale will be BTF 150,000,000.
  • 60% of all tokens issued will be allocated to ICO participants.
  • 15% of tokens issued will be allocated to the BITRUST team and will be automatically locked for 24 months by smart contract.
  • 15% of tokens issued will be allocated to members of the bounty campaign, advisors, and towards ICO campaign costs.
  • 10% of all tokens will be automatically locked for 24 months by smart contract as a reserve for further development in the BITRUST platform or Secondary Coin Offering.

To accomplish her goals, BITRUST has developed an outstanding white paper and a clear roadmap that not only state their aims and objectives, but also stepwisely state how they intend to accomplish them.
Aside the white paper and roadmap, BITRUST team is composed of the best administrators and developers with vast knowledge and experience in the crypto currency space to take the project to the top spot where it belongs.

For more information, please visit:

Website: https://bitrust.co.uk/
White Paper: https://bitrust.co.uk/files/whitepaper.pdf
Telegram: https://t.me/joinchat/B2YGhUXOs8y1EPxV4q_zzw
Twitter: https://twitter.com/BTF_PROJECT
Facebook: https://www.facebook.com/BITRUST-150162739077561/
Reddit: https://www.reddit.com/user/BITRUST/
Medium: https://medium.com/@bitrust
Youtube: https://www.youtube.com/channel/UC85RIHfrk5tnAwA5c8Sez3A

My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1650071

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