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Review on Bytom by Eve Vallenilla

Revainrating 4 out of 5

Bytom: Bytes digital asset management portal

Currently the vast majority of people are aware of or use at least some exchange platform to trade popular digital currencies. However, blockchain technology does not stop and its potential is quite wide, which makes it easier for more and more digital products derived from its qualities to be known.

We all know about the existence of digital currencies, but what if Bytes could also become valuable assets and be traded?

This is precisely what the Bytom platform is all about.

What is Bytom bringing back to the stock market?

Bytom brings characteristics of monetary assets to the Bytes that we already know, thereby empowering them to be treated as digital value protocols, which can be traded, converted and exchanged in a global market or in the non-custodial digital economy.

This is precisely Bytom's virtual machinery. But not everything remains until there, Bytom performs the categorization of assets into atomic assets and heterogeneous assets.

Let's understand a bit for what atomic and heterogeneous assets are used:

Atomic assets: This name encompasses those assets of a financial nature that are not maintained virtually or online, such as: bonds, stocks, among others.

Heterogeneous Assets: Within this group are virtual assets that can be traded within the platform, such as Bytes.

What is Bytom's contribution to the digital asset market?

And it is precisely that the innovation that Bytom incorporates to the cryptographic world is to serve as a virtual bridge of link between the assets of the external world and the digital assets, allowing both to enter the same digital market and negotiate under secure, open and transparent technological conditions .

How does Bytom meet this challenge?

Bytom's virtual infrastructure serves as a technological scenario for the conversion of assets from the external world and their incorporation into the digital asset market, so that they can be fully tradable under a reliable and global environment.

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Pros
  • Secure platform for the management of Bytes-type assets
  • Offers a reliable mechanism to classify Byte-type assets
  • Convert Bytes into tradable assets
  • Provides a secure environment for Bytes business management
Cons
  • No disadvantages