Private blockchain allows organizations to employ distributed ledger technology without making the data public. Blockchain, the underlying technology behind cryptocurrencies, is quickly gaining popularity in the digital space. More and more companies are recognizing their revolutionary potential and are choosing to adopt this new technology for their daily operations. In short, a blockchain is a continuously growing list of public records broken up into “blocks” based on specific windows of time.
A community of users controls how this information is edited and updated, and all blocks are chained together chronologically. Bytus is a platform that provides private blockchain with a secure wallet. The Bytus Private Blockchain is based on the Graphene chain protocol. Private blockchain has attracted more than 15000 retailers from around the world.
BYTUS PRIVATE BLOCKCHAIN
The Bytus Private Blockchain network will ensure all information is out there in the open to every user to ensure transparency and security of the highest order. The retailers on the Bytus network accept payments through the Bytus wallet which makes it easier and safer for both parties involved in the exchange. The Bytus Private Blockchain is based on the Graphene chain protocol. The private blockchain has attracted more than 1,000,000 retailers from around the globe which has opened up the possibilities for a Bytus-based economy. Any transaction made by a user and their initiation to exchanging tokens is public information which allows for free transactions in the internal operations. The blockchain has a centralized method of confirming the transactions.
Bytus wallet is an all-in-one online multi cryptocurrency wallet that supports a wide variety of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Fiat currencies.
People can buy and sell with the Bytus Wallet – The wallet allows you for changing your cryptocurrency into fiat or Bytus token without any transaction fees involved.
Anonymous and Secure – The modern financial world is dependent on privacy, anonymity, and high-level financial security.