Bitcoin is a peer-to-peer payment system, otherwise known as electronic money or virtual currency. It offers a twenty-first century alternative to brick and mortar banking. Exchanges are made via “e wallet software”. The bitcoin has actually subverted the traditional banking system, while operating outside of government regulations.
Bitcoin uses state-of-the-art cryptography, can be issued in any fractional denomination, and has a decentralized distribution system, is in high demand globally and offers several distinct advantages over other currencies such as the US dollar. For one, it can never be garnished or frozen by the bank(s) or a government agency.
Back in 2009, when the bitcoin was worth just ten cents per coin, you would have turned a thousand dollars into millions, if you waited just eight years. The number of bitcoins available to be purchased is limited to 21,000,000. At the time that this article was written, the total bitcoins in circulation was 16,275,288, which means that the percentage of total bitcoins “mined” was 77.5%. at that time. The current value of one bitcoin, at the time that this article was written, was $1,214.70 USD.
According to Bill Gates, “Bit coin is exciting and better than currency”. Bitcoin is a de-centralized form of currency. There is no longer any need to have a “trusted, third-party” involved with any transactions. By taking the banks out of the equation, you are also eliminating the lion’s share of each transaction fee. In addition, the amount of time required to move money from point A to point B, is reduced formidably.
The largest transaction to ever take place using bitcoin is one hundred and fifty million dollars. This transaction took place in seconds with minimal fee’s. In order to transfer large sums of money using a “trusted third-party”, it would take days and cost hundreds if not thousands of dollars. This explains why the banks are violently opposed to people buying, selling, trading, transferring and spending bitcoins.
Only.003% of the worlds (250,000) population is estimated to hold at least one bitcoin. And only 24% of the population know what it is. Bitcoin transactions are entered chronologically in a ‘blockchain’ just the way bank transactions are. Blocks, meanwhile, are like individual bank statements. In other words, blockchain is a public ledger of all Bitcoin transactions that have ever been executed. It is constantly growing as ‘completed’ blocks are added to it with a new set of recordings. To use conventional banking as an analogy, the blockchain is like a full history of banking transactions.
Most of the processes associated with international trade are handled.
At the moment, in order to export goods, you must have staff or companies on outsourcing, which will work for your tasks.
There is no one-stop-shop system for a participant in foreign trade activities
In the market there is no “button” or site, which would solve all the tasks facing the exporter.
In order to start exporting goods abroad, the company needs to undergo many stages.
Taking into account the disconnected sources of information and tools, the process of preparing for export now takes half a year for companies.
The international trading platform EXPORT.ONLINE is created to solve the existing problems and difficulties of exporters associated with the start and conduct of activities in international trade.
The project combines disparate tools and databases in one
-stop-shop mode, allowing clients to reduce their time for preparation and execution of an international transaction by more than 3 times and improve the efficiency of their business by increasing the productivity of their employees. No need to have a large staff or independently look for multidisciplinary specialists on outsource, just connect to the EXPORT.ONLINE platform and implement the whole process there.
Stages of tokens selling
Early bird, presale, ICO
Total will be released 36 547 525 Tokens
Allocated to sell to investors 84.3%
Allotted to the Bounty campaign 2,7%
Allocated to the project team 13%
Early bird
Final 20.02.18
Soft Cap — 200 000 USD
Hard Cap — 550 000 USD
1 UTT = 0.46 USD
Permanent bonus 54% to the price of the ICO!
For more information visit:
Website: https://eng.export.online/
Whitepaper: https://eng.export.online/images/WP_Exon_eng.pdf
ANN: https://bitcointalk.org/index.php?topic ... sg29802525
My Bitcointalk profile: https://bitcointalk.org/index.php?actio ... ;u=1048360