Register of Digital Asset Protocols means a form of systematization of Bon[i] and Projectbon[i] Protocols of Digital Assets in the Bitbon System[i].
Bon Protocol means a digital document, which establishes attributes and properties, a unique name (name_Bon), mutual rights and obligations of the owner of the Asset and the owner of the Bon Digital Asset, terms and conditions for the creation and circulation of a specific Bon Digital Asset in the Bitbon System, as well as the procedure for executing the Bon Protocol.
Projectbon Protocol means a digital document, which establishes attributes and properties of a specific Projectbon Digital Asset, terms and conditions for its creation and circulation in the Bitbon System, mutual rights and obligations of the Contractat and Contributors, as well as terms and conditions of the implementation of the Contractat’s specific business project through Contributing The Bitup-Agency creates this document of a certain class on the Projectbon issue.
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.