BTM (Bytom) | Cryptocurrency In Singapore

 Bytom Blockchain Protocol (hereinafter referred as Bytom) is an interactive protocol of multiple byteassets. Heterogeneous byte-assets
(indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and other information that exist in the physical world) can be registered, exchanged, gambled and engaged in other more complicated and contract-based interoperations via Bytom. The protocol connects the atomic world and the byteworld to promote the interaction and circulation of assets between the two worlds. Bytom adopts three-layer architecture: application layer, contract layer and data transmission layer. The application layer is friendly to mobile and other terminals and convenient for developers to develop asset management applications. The contract layer use genesis contract and control contracts for asset issuance and management, supporting scalable BUTXO of UTXO model at the bottom layer, optimizing EVM and using introspection mechanism to prevent deadlock in Turing complete. The data transmission layer adopts DLT technology to achieve asset issuance, spending, transfer and other operations. The consensus mechanism uses POW algorithm that are friendly to AI ASIC chips. Matrix and convolution calculation is introduced into the hashing process so that the miners can be used for AI hardware acceleration services, generating additional social benefits.

"Our mission is to bridge the atomic world and the byte world, to build a decentralized network where various byte assets and atomic assets could be registered and exchanged”.

Bytom will greatly promote the exchange, interaction and flow of byte information and byte assets with value attributes. New byte assets will be created by contract and configuration. Bytom will also create applications on a market-based management protocol in a decentralized way and provide unique incentives for local and global participants in the digital economy. As a medium, Bytom has been fully prepared to become an economic body to profit from information and an amplifier for information asset performance. In the future, these information assets will not only be used for existing daily work and life, but also can become the provider for AI and IOT that feeds on "data food" , which will further expand its influence on the atomic world.

Bytom Foundation Ltd

8 Burn Road #15-13 Trivex, Singapore 369977

Official website: https://bytom.io/

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Bytom Wallet Resources
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Bytom Desktop Wallet
Mobile Wallet
Browser Extension
Hardware Wallet

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Additional Resources
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Whitepaper

Blockchain Explorer
GitHub

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Social Media
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Twitter
Facebook
Telegram
Medium
Reddit
Chainnode
Discord
QQ

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BTM Token

Bytom token (BTM) is build on the Bytom blockchain that uses a proof-of-work protocol, designed to enable customized contracts, promote AI technology, and provide unique identifiers for assets following a standardized naming convention. The POW mechanism encourage random anonymous miners to get involved in the entire ecosystem. BTM is a special token that is distributed to miners and nodes.

Total supply: 1,407,000,000

Token Distribution
Private Equity Investors: 7%
ICO Distribution: 30%
Reserved for Bytom Foundation: 20%
Business Development: 10%
Mining: 33%

Distribution of the token will follow a determined supply curve. The main uses of the BTM are:

  • Transaction fee for assets trading
  • Dividends of income assets
  • Deposits for asset issuance

Assets
There are three types of assets on Bytom blockchain:

  • Income assets: income assets include film making, home-stay property,fixed
    assets invested by local government, non-performing assets etc.
  • Equity assets: Equity assets include equity of non-listed companies, equity of private funds, shares of non-public internet investment etc. The transfer of
    equity assets requires qualified investor verification.
  • Securitized Assets: Securitized assets, including debts, automobile loans and
    other asset-backed securities that can generate predictable cash flows and
    whose credit can be enhanced through structured design.

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