Bithercash : Combaining Digital Assets with Traditional Businesses
Investments are important because in today’s world, just earning money is not enough. You work hard for the money you earn. But that may not be adequate for you to lead a comfortable lifestyle or fulfill your dreams and goals. To do that, you need to make your money work hard for you as well. This is why you invest. Money lying idle in your bank account is an opportunity lost. You should invest that money smartly to get good returns out of it.
We are living in a digital age of sound bites and buzzwords. An age where even complex technological solutions are reduced to five words or less. As a result, we are witnessing a rise in cunning businesses attempting to piggyback the so-called crypto boom. Some are even doing this by rebranding with ‘blockchain’ in their name.
Investing in cryptocurrency is solution and investing in cryptocurrency requires being very patient. The price of Bitcoin and Cryptocurrency is reputed to be very volatile. Today I want to Introduce you About Project Invested Called “BITHERCASH” .
What is Bithercash ?
BitherCash is a highly secure peer to peer decentralized cryptocurrency using the Scrypt PoW/POS (Hybrid) Algorithm with a self-regulated financial system which allows users to earn BitherCash through Mining, Staking and via Bitcoin.
BitherCash stands firmly in support of financial freedom and the liberty that Bitcoin provides globally for anyone to voluntarily participate in a permissionless and decentralized network. Bithercash has many group users the countless opportunity of blockchain projects i.e. BitherX exchange, MyBshop (ecommerce), BitherDairy, BitherHomes.
With the variety of products and solutions offered by BitherGroup, we are proud to create a complete ecosystem based on Blockchain, with BitherGroup as its core component and traditional businesses/ companies as underlying assets. We believe there is an intense potential for this project in the market, as traditional commodities and businesses are hard to liquidate while modern-age cryptocurrencies are too volatile to be adopted as a mode of payments for everyday usage. And, with BitherGroup, we pledge to combine the best of both models.
The Advantage Bithercash
Bithercash has a advantage of offering revolutionized financial model based on Blockchain and combining it with the traditional assets and businesses. It strives to create a complete financial ecosystem by offering a variety of financial products and services, including but not limited to a fiat-enabled crypto-asset exchange, a multi-coin supported wallet. It is a dedicated token serving as an alternative mode of payment and investing in traditional assets and businesses.
Bithercash objective is to create an alternative cryptocurrency that has real-life utility and underlying business to support the revenue stream. Moreover, with the Bithercash, we strive to satisfy the demand of consumers and businesses by providing them with state-of-the-art online financial solutions and crypto trading opportunities, without compromising on security and user privacy. The Bithercash will serve as the next generation financial ecosystem that combines several products and features such as a BitherCash Token, BitherExchange, BitherWallet, BithereCommerce, BitherHomes, BitherFiFame, and BitherVoice Charity Foundation all under one unified ecosystem.This is several the advantage of bithercash :
Enabling banking for all
Bithercash financial ecosystem created a product that enable users to enjoy all banking related services, directly from their personal computers or mobile phones. We called this native token “BitherCash”. It will serve as the main payment token within the ecosystem and will enable decentralized, peer to peer payments without the interference of any centralized party, bank, or government. The Bither ecosystem provides a mobile/web-based wallet that will serve as user’s virtual bank allowing them to hold, send, and receive or make payments at will.
Quick and efficient operations
With BitherCash, the usage of Blockchain and smart contracts allows the platform to automate its operations, and thus help execute the clearing and settlement process within seconds. These transactions are confirmed through a proof of work consensus technology, miners’ participation ensures that no double-spending or fake transaction occurs.
High Payment processing fee
With BitherCash, unlike traditional banks and financial institutions, all clearance and settlement activities within the ecosystem are managed by Blockchain network which uses smart contracts and proof of work mechanism. This eliminates the dependency on third parties or dedicated staff, which in turn help reduce our operational costs. Furthermore, there are no account creation charges, no KYC charges, and no inter wallet transfer fee. The only fee the platform charges is on withdrawals made to banking account/fiat currency.
Complexities surrounding trading cryptocurrencies:
With BitherCash, we revolutionize user’s buying experience. User get access to our fiat-supported online bank accounts, which can be accessed from our user-friendly mobile app. All a user needs to do is deposit their local currency and use it to buy Bitcoin, which intern can then be used to trade cryptocurrency of their choice, all this with minimal transaction costs and no third-party fee.
Bithercash Token UseCase
The BitherCash Token will be available for tracking on the Ethereum explorer and will be used for storing transaction signatures and metadata as signatures for encrypted storage on the Blockchain, and Amazon EC2 platforms. The Bither platform will operate its own native wallet. Moreover, as this smart contract system evolves, the infrastructure will need to be modified to keep pace with emergent upgrades to the Blockchain protocol. From the standpoint of data storage, our platform is Blockchain-neutral, and the platform are not married to any given coin ecosystem.
The commercial activity on the Blockchain-based ledger is the backbone of the Bither ecosystem and provides the decentralized capability of validating customer and vendor activity. The activity ledger facilitates trust in all sorts of activities occurring within the ecosystem. Any party who can attest to activities by an individual user or organization can contribute validation data to the ledger, and any party who can access the ledger entries can potentially get value from the data, in accordance with the data-sharing terms specified by the smart contract-based agreement between participants.
All Bither transactions are on Blockchain. Each block added onto the Blockchain from Bither ecosystem will contain anonymized information about an organization, product, or individual. The data encryption is done in a way that allows only specific groups of authorized parties to pull data relevant for their own use. For all other parties, the data will be untraceable but still valuable for statistical and data aggregation purposes.
The information contained in this publication is derived from data obtained from sources believed by Bithercash of Companies to be reliable and is given in good faith, but no warranties or guarantees, representations are made by Bithercash of the regard to the accuracy, completeness or suitability of the information presented.On purpose Bithercash aims to become profitable platform for its users but we believe that every successful business should abide by an ethical framework.
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Author : Jhonjon
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