Bitbon System Concept
The Bitbon System
is a natural outcome of evolution and
globalization of worldwide
Their secret lies on the surface: these companies were the first to feel the moment of the emergence of fundamentally new markets with great potential and focused all their efforts on studying new ways of using the opportunities of such markets.
Any technology cyclically goes through stages of its “maturity” from its emergence to stable commercial implementation.
This cycle was identified by the specialists of Gartner, Inc. based on the research, the results of which became the foundation for a new model of predicting and analyzing trends related to the emergence of new technologies.
The model shows how promising a particular technology is based on the degree of interest towards it from society and specialists.
The above model can be applied to the blockchain technology just like to any other innovation. You can see it by comparing the “Technology Hype Cycle” and the “Index of Interest in the Blockchain Technology” charts.
Trigger of Innovation: emergence of the technology and the beginning of discussions about its prospects.
Peak of Inflated Expectations: first companies and followers appear that try to apply this technology in its entirety and receive business advantages.
Trough of Disillusionment: it turns out that the technology has a lot of downsides, flaws and limitations, which leads to the decrease in mass interest.
Slope of Enlightenment: developers fix their mistakes, the technology becomes more convenient in its application, real audience grows and, over time, the product gains interest again.
Plateau of Productivity: the technology earned its spot on the market and became a convenient tool or solution in a specific field.
This, in turn, gives solid ground for confidence that in the future, the blockchain technology and systems, services and tools based on it will have a stable growth of interest, popularity and demand in the plateau of productivity.
The emergence of the blockchain technology marked the beginning of the transformation of the digital economy into information economy.
The foundation of this economy is the universal equivalent, not money, but assets in digital form, which are managed through systems based on the blockchain technology.
We offer a platform with a perfect model for transforming the existing form of socioeconomic relations into a more effective and transparent one for governments and society.
We are creating a new market of information resources, products and services based on this platform where the role of money is secondary, and people along with their values represented in digital form are of key importance.
Simcord occupies a leading position in the field of creating innovative solutions for the financial and economic area and blockchain technologies.
Having many years of experience backed by our research, we state that the new market of information resources, products and services based on distributed ledger technologies is being formed, which means that those, who are at the origins of this market, will receive a huge advantage.
In order to enable the exchange of values between users of such market through blockchain tokens, such tokens must refer to real assets, which means be digital assets and, therefore, comply with the International Financial Reporting Standards. You can see the basic principles of this process in the chart below:
A type of distributed ledger, which constitutes a sequential chain of generated transaction blocks built according to certain rules. At the same time, each subsequent block of the structure contains information about the previous one, so as a whole, the chain stores the entire history of completed transactions.
An accounting unit circulating in the distributed ledger by means of a transaction with a unique identifier.
An information resource derivative of the right to a value and circulating in the distributed ledger in the form of a unique identifier.
Information structured and organized in a certain way, recorded on a tangible medium. This information can be stored, transferred, used and replenished. The information resource has the properties of practical significance and usefulness, as well as the possibility of multiple use.
Building a global market for equivalent exchange of products and services based on the blockchain technology without intermediaries
User that finances the project
Financing happens through the use of digital assets directly by Bitbon System Users
Project that requires financing
The Bitbon System includes a set of innovative tools and services using which the Participants, Bitbon owners, will be able to fully own and effectively manage their rights to values in digital form.
Such values can include property, property rights, non-property rights, securities, services and works, digital assets, etc.
it is an opportunity to have a stake in promising projects, raise funds for their business on mutually beneficial basis without loans and receive additional benefit from participating in Consensus building mining and Infrastructure building mining in the Bitbon System.
it is an opportunity to estimate the main economic activity indicators, in particular, production volume, cost of production, profit and cost-effectiveness of activity using digital assets. The Bitbon System also envisions a progressive equivalent exchanging of goods and services, as well as digital assets on a global market of digital assets based on the blockchain technology without intermediaries.
therefore, the Bitbon digital asset provides its owner with the right to access a set of rights and obligations of the value (asset) owner, which is Simcord.
You can learn more about the structure of the asset of Simcord that includes the Company’s ownership of trademarks, logos, patents and software complexes presented in Appendix No. 2 to the Bitbon Protocol by following this link: http://bitbon.space/en/backing-of-bitbon-software-complexes
The Bitbon System is intended for natural persons and business entities. Its opportunities are endless, and digital assets are classified according to the International Financial Reporting Standards as an information resource, intangible asset, which makes them clear for taxation and irreplaceable in organizing a new way of accounting and management of goods and material values.
Properties and attributes of the Bitbon digital asset, as well as the terms and conditions of its circulation in the Bitbon System are established by the Bitbon Protocol, which is available at the following link: https://information-resources.bitbon.space/pdf/bitbon-protocol.pdf
All of the above-mentioned guarantees the ability to create new forms of socioeconomic relations based on the Bitbon System, which will contribute to the emergence and intensive development of new ways of building business based on using one’s own assets in digital form with economic effectiveness that surpasses traditional approaches hundred- and even thousandfold.
and additional issue is impossible.
These markets will certainly continue to exist, but for that, in light of the global trend towards digitalization and evolution of socioeconomic relations, they will need to transfer to a more advanced platform based on the blockchain technology.
The Bitbon System is that platform, its goal is to become one of the most effective databases for accounting and redistribution of any resources available to the global economy.