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Review on Bytom by Mr Benji

Revainrating 4 out of 5

Financial world

The Bytom network can carry three types of assets:
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- Equity assets such as tokens;
- Securitized assets, such as bonds.
- Each claim is assigned a name using the ODIN standard, which provides unique and cannot copy assets.
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So what?
The project is very interesting and promising. If its creators can fully realize their plans, the modern world of finance will come closer to the digital embodiment. However, if they succeed in this, it is impossible to say. In addition, many less promising competitors such as the TenX platform are on the heels.
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Use case -
- serves to pay dividends on assets on the platform;
- Used to provide assets on a platform.
- Because the log network uses an image, users can use BTC to provide assets on the platform. The process is performed using an Xrelay contract, automatically converting BTC to BTM.
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There are 3 types of elementary and external bytes:
Some profitable assets, such as assets;
- So-called asset assets, in the digital world - tokens, in the real world - stocks;
- The last type is bonds.
- Elementary assets always outweigh the outside, but the situation is changing rapidly as the perception of property changes. This means that there will be more digital assets in the future.
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Goal: Bytom's goal is to become the first platform to enable users to work with this type of asset. In the future, artificial intelligence and Internet of Things devices will be able to use this information to expand the presence of the real world.

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Updated 5 years ago
Rating has not been changed
- Bystack sidechain mainnet officially released
- Bycoin wallet v1.2.0 released and the Android version was launched, IOS version is being audited
- Bytom director of tech&operation Martin attended the โ€œBlockstack and Web 3.0 eraโ€ offline activity
- invited the champion of Bytom Dev Competition 2018 โ€” Bytomswap and had an AMA on Reddit.

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Pros
  • The Bytom network can carry three types of assets:
  • he project is very interesting and promising
  • Use case
Cons
  • Competitors