Ebit - The Trusted Payment Worldwide
In era of globalization and high mobilty, payments are increasingly problematic. This is to be main problem because there are many different currencies. Millions of people travel daily, Exchange currencies and pay spreads (the difference between the buy and sell rates that allow parties such as banks and the exchange to make money). For example a transaction can have a high spread, like 12% of the total transaction value and can be through a number of intermediaries, where you are required to pay the cost of each step. Even those service providers, who are trying to minimize the number of parties, knowing that they can earn more because of the lower number of parties, add a larger, deliberate spread. In addition, there is no currency for people who travel often - they need to get back and forth between the currencies, exchange it in the most frequent way. One,
Intuitively, people start looking for a universal currency. The most common currencies today are USD and EUR, but that's not common enough. Many of them turn into cryptocurrencies, such as BTC or ETH. Although there are crypto and market exchanges, they can not be trusted or secure. It creates another problem. If a user buys something in a store that does not accept cryptocurrency, you need to exchange it for a different one, which today means waiting for a transfer from the stock exchange, which could take more than 24 hours, that's too much. Comparing time just go to the store to buy a bottle of milk. Of course, that is only if the given market supports the currency. There is a shortage of well-made bridges between FIAT currencies, such as USD, EUR, or CHF. and cryptocurrencies, such as BTC, ETH, LTC or ZEC.
The solution
eBit Payment LLC, offers exchanges including crypto exchange, without unnecessary third parties. Payment of eBites will also offer the token itself, we are gradually planning to extend the use of our tokens - via eBit Coins. Generally, targeted effects have only one party in the middle - eBit payments, that means currency exchange with the smallest possible spread - 0.99% maximum, ie in some scenarios a dozen times less than other solutions.
Internally each user account will be presented in an ebit crypto currency and all transactions will be sent in a user-specified currency, including some supported crypto currency. To achieve this, each time a user needs to pay using a supported FIAT currency, the transaction shifts from his account using ebitcoin, which will be automatically exchanged in our internal exchange in real time, then immediately delivered to the destination of the transaction. Everything will be done automatically, and transparent to the user, just like paying with other payment cards. The whole process is instant. Operation sequence:
The development of technology in finance today is one of the hot topics, and no wonder - because it creates almost unlimited possibilities. We create innovative solutions, which can ensure the user's convenient usage. eBit Payment will open the possibility to make fast and affordable international bank transfers and quick purchases with payment cards, which can be managed using Android or iOS phones. It is a service scale, which can not be found even in traditional banking. From now on, thanks to ICO capital, this capability will also be available to the average user.
eBit Payment is a project, which includes the following solutions:
- Multi currency purse
- Real time exchange with access to currency exchange rates
- Multi-currency payment card
- Payment online
- Business applications
- Workspace
Another thing we want to apply, is the mechanism of balance protection. When the market fluctuates, we do not want users exposed to that risk, so we will normalize the balance of users, according to this scheme:
Fund
While eBit Payment invests to raise funds, you make a profit. We want the best for our users, so we prepare detailed information about how we plan to raise money:
Development - 30% Expansion of existing platforms involves costs such as hardware, employee salaries (including bonuses, incentive proof packets), provision of external assistance such as pentester, and office space.
Additional labor - 10% eBit Payment intends to grow rapidly, so we need to hire new employees in the following areas: Marketing, Finance and Legal Finance, HR, Administration and Customer Service.
Marketing - 10% In order for the platform to work properly and be recognized by a wider audience, it must be available to users, so we're willing to spend 10% on marketing-related expenses. With more users coming more feedback and our ability to adapt and solve problems faster for our users. It is important that we create a broad society using our platform.
Smooth market and network - 35% Financial markets are not the simplest sector to work on. We need funds to collaborate with other companies in the industry to make transactions as quickly as possible. In addition, this will open up new opportunities for easier financial interaction within the platform.
Licensing, integration and partnership: 15% As eBit Payment LLC, we need to invest in software licenses, bear additional costs associated with card issuance and also the cost of "patching" the gap between crypto and traditional currency.
Sales order Token
Token sales will cover 21 days. It will start on November 24, 2017 at 00:00. Delaware Time, and will last until October 15, 2017 or until it reaches the target number - $ 21.6 million. The number and time of a token sale is limited, which means that after a certain period of time or after the inventory runs out, the token will no longer be sold. After this period, it is only possible to purchase eBookcoins in the cryptocurrency market.
For more information :
WEBSITE: http://ebit-payment-ico.com/
WHITEPAPER: http://ebit-payment-ico.com//whitepaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=2439940.0
Author : sakti0676
BCT Profile : https://bitcointalk.org/index.php?action=profile;u=1329342
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