Register of Digitized Value Units means a form of systematization of digitized value units (Divaunits[i]) in the Bitbon System[i].
Divaunit means a digitized value unit in the Bitbon System, represented as an alphanumeric identifier, which expresses the value of the Asset in the national currency. The Bitbon System User creates Divaunit during the Asset Digitization Procedure based on a unique digital copy of the Asset. Divaunit is registered in the Register of Digitized Value Units in the Bitbon System.
Bitbon System means an integral blockchain-based decentralized platform, which allows its Users to fully own their Assets, i.e. to record their property right to Assets in the form of their unique digital copies in the Bitbon System Blockchain by completing the Asset Digitization Procedure in order to implement safe and adequate exchange of the given Assets between the Bitbon System Users without intermediaries and money. The Bitbon System Participants are also given an opportunity to participate in Contributing under the terms and conditions of Projectbon Protocols of various business projects. The key component of the Bitbon System is Bitbon.