Terms and Definitions

Assetbox

means a record (cell) with a unique alphanumeric identifier[i] created by the Bitbon System User[i] in the Blockchain[i] for storing his/her Digital Assets[i] and transferring them to other Bitbon System Users as well as for receiving Digital Assets from other Bitbon System Users.

Due to the built-in functionality of the Assetboxes, all Bitbon System Users interact by transferring Digital Assets from one cell (Assetbox) to another.

Each User, at his/her own discretion, can assign a unique name (alias) to his/her Assetbox within the Bitbon System[i] to use it in future as a convenient way of informing other Bitbon System Users of his/her Assetbox address.