Transaction recordingmeans a process of saving a set of transactions in the Blockchain[i] and recording all operations with each Bitbon[i] and Projectbon[i] in a special block structure, each block of this structure contains information about the previous block.
Blockchain means a public 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 block, so on the whole, the chain stores the entire history of completed transactions.
Bitbon means a Digital Asset, an instrument derived from Divaunit by means of Projectbons, which belong to the Bitbon System Capitalization Fund. Bitbon is represented as an alphanumeric identifier and registered in the Blockchain with an ability to circulate only in the Bitbon System. The Bitbon Digital Asset is a unit of measurement of the exchange value of all Digital Assets and ensures their ability to circulate in the Bitbon System. This Digital Asset is created and given unique attributes and properties based on the Bitbon System Public Contract and the Bitbon Protocol. The use of Bitbon allows establishing and controlling legal relations between the owner of the Asset and the owner of the Digital Asset as well as mutual relations of the Bitbon System Users, whereby only the transferrable right of claim of the owner of the Digital Asset to the owner of the Asset can be in circulation, which is aimed at fulfilling the obligations set by the owner of the Asset and derived from the property right to the Asset (right to own, use and dispose of the Asset) under the terms and conditions recorded in the relevant Digital Asset Protocol.
Projectbon means a Digital Asset, i.e. an instrument for Contributing derived from Divaunit and a certain class of the Projectbon Protocol, represented as an alphanumeric identifier and registered in the Blockchain with an ability to circulate only in the Bitbon System. The Bitup-Agency creates this type of the Digital Asset by giving it unique attributes and properties. Projectbon is a form of mutual obligations of the Contractat and Contributors in accordance with the terms and conditions specified in the Projectbon Protocol of a specific business project.