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Tuesday, February 12, 2019

BITENNY - Leveraging Technology and Innovation to Simplify Financial Asset Management and The Payment Industry



Welcome my friends to the exciting new Project today and let's see their great idea:

Introducing Bitenny

Artificial intelligence underpins the real power of the network. Enter Prally - an advanced digital assistant which uses powerful AI to provide investment advice to users, across a range of over 50 support currencies and payment transfers.

Problems & Solutions

Solving problem for users
Bitenny helps to lower the risk and trepidation of investing in crypto by offering a free AI-enabled wallet. This system allows users to swap virtual currencies more securely, with full compliance. Unlike similar platforms, it also has tight integration between virtual and physical currencies, letting people hold, pay and distribute cryptocurrencies and fiat currencies with ease. 

Real-time access to crypto markets means Prally, the interactive assistant, can inform users about current trading opportunities and provide them with ideas on trade execution. A key feature, this limits the risk that comes from having lack of experience in investing in crypto.

Solving problem for merchants
To create a seamless experience for businesses that want to accept crypto payments, Bitenny comes equipped with the fully featured Bitenny API, which is easy to integrate into online stores and is available free of charge. 

Rather than one easy-to-use platform, merchants are stuck with several Payment Service Providers (PSPs) with a lack of integration between them. Bitenny, an advanced technical platform accepting over 50 methods of payment, including comprehensive crypto integration, solves this problem.

Solving problem for brick-and-mortar merchants

A lack of specialised software has made it difficult for physical stores to accept crypto payments. The Bitenny system can be installed easily on a tablet-PC to be used by the cashier at the point of sale, allowing users with a Bitenny Wallet to pay with cryptocurrency.

Simplicity and Accessibility

Simplify your future, simplify the market. This is the aim of Bitenny.
The network achieves this through the deployment of simple and elegant payment solutions which leverage the following features;

  • Ultra secure, ultra convenient registration and login, using PIN and biometric identification
  • Easy and total access to full investment portfolios in the Bitenny wallet, as well as rich analytics tools
  • Comprehensive currency wallet tracking and secure private key storage from the Bitenny Interactive Wallet
  • Market leading KYC authorisation in terms of speed and security, allowing users to pivot between fiat and digital currencies with ease
  • Support for credit and debit card facilities, supporting physical payments at in-store points of sale
  • Harnessing artificial intelligence to support user investments, and more.

Bitenny Use Case Scenarios

Bitenny is not designed to be a single use platform, nor is it designed with the needs of one, narrow set of users in mind. Instead, it is intended as a comprehensive and wide-ranging network which will offer support to the burgeoning crypto movement as it grows, evolves, and thrives in the future.

One time digital payments

Users will be able to make easy, one-off payments using Bitenny. They first need to open the Bitenny Interactive Wallet, then consult Prally's real-time analysis to select the most advantageous currency option. They will be able to do this by looking at the real-time analytics or by accessing a full financial report. Then, armed with the proper insight, they submit the payment as normal.

Recurring digital payments

In many instances, users will need to make long term, recurring payments. This can be achieved with just as much ease as with one time payments. The Bitenny platform integrates with merchant systems both on and offline, working in a similar way to a direct debit.

The user needs to simply ascertain the costs, the terms of the payment, the length of the payment period, and the due date. This information is then used to create the long-term payment. AI then steps in to make sure the payments are handled in the most advantageous way possible, according to the latest market movements.

Prally, the Bitenny AI assistant, handles these ongoing tasks and provides automatic financial reports to keep you informed about what is going on.

Crypto trading

While Bitenny provides great advantages when used as a payment platform, it is also designed to provide effective support for crypto trading or investment. Whether you are a seasoned crypto trader or a complete newcomer to the market, you'll be able to benefit from the AI tools provided by the network, and maximise your ROI.

Prally's Advanced Trading tools provide information and automated trading solutions for investors and traders on a one time use or on a subscription basis. Users simply need to feed critical information into Prally - including the amount of value they wish to trade, the time period, and the desired outcomes - and the tool will do the rest. The system can generate reports, analyse market conditions, or even execute trades on your behalf if permitted to, with over 50 payment methods accepted for investment.

PSPs for online merchants

A key use case for online merchants is to use Bitenny as a core PSP - or Payment Services Provider. Cryptocurrencies are gaining in market share every day, and yet so many online merchants are still missing out on this potential. Bitenn.

With Bitenny, merchants receive the simple and effective support for crypto payments that they need to thrive in the market. In most cases, this will enable retailers to get the jump on the competition, achieving comprehensive payment support before their competitors do.

Merchants will also be able to connect with daily revenue reports as well as round the clock support. Payments in crypto or fiat currency will be able to be handled simultaneously, and merchants can receive the funds in their supported currency of choice.

Digital wallet use for bricks and mortar merchants

Physical stores will also be able to accept fiat and crypto payments in the same way. The wallet is installed on a smartphone or tablet and then used to interact with customer wallets to complete the transaction. The process is exactly the same as with an online transaction, but the app and device combination creates a smart point of sale for customer use.

Platform Technology

Bitenny services are provided via a series of distinct, modular components. However, these components function harmoniously and effectively as a whole. The core of these services are delivered via; Microservices, Event sourcing, Streams. NoSQL data stores, RBDMS regulatory transaction storage, Third-party cloud services, and other specific components and functions, will also be used, in adherence to the network's regulations and ethos.


Roadmap

2018 Q3: 
  • Secured seed funding of $600K
2018 Q4: 
  • Develop website
  • Development & Audit of token sale contracts
2019 Q1: 
  • Start MVP development
  • Whitepaper release
  • Community building
  • International token sales
2019 Q2: 
  • Continuing of development Bitenny platform
2019 Q3:
  • Listing Token on exchanges
  • Release Bitenny trading
2019 Q4:
  • Bitenny release of payment solution
2020 Q1:
  • Release Prally digital assistant
  • Implementation of Prally voice queries and natural-language user interface
2020 Q2:
  • Bitenny white label solution for partners
Token Information

The BTNY token will have genuine value both in the real world sphere and online. This includes real fungibility across a range of transactions, and usage as a vehicle for payments relating to goods and services.

Learn more about BTNY below;

Utility token
  • Token Name : ‘BTNY’ - an ERC20 token
  • Will be listed at crypto exchanges
  • Will be required to use some of the platform features
  • Token sale terms
  • Token price: 0.07 USD per BTNY
  • Hardcap:25 000 000 USD
  • Max tokens:1 000 000 000 BTNY
  • Unsold tokens will be burned
Token sale terms

Bonuses available 
+5% bonus for purchasing > 100 ETH

Pre Sale: 40%
Tokens sold per stage: 100.000.000
Bonus tokens: 40.000.000

Token sale period 1: 35%
Tokens sold per stage: 70.000.000
Bonus tokens: 24.500.000

Token sale period 2: 30%
Tokens sold per stage: 60.000.000
Bonus tokens: 18.000.000

Token sale period 3: 25%
Tokens sold per stage: 50.000.000
Bonus tokens: 12.500.000

Token sale period 4: 20%
Tokens sold per stage: 40.000.000
Bonus tokens: 8.000.000

Token sale period 5: 15%
Tokens sold per stage: 30.000.000
Bonus tokens:4.500.000

Token sale period 6: 10%
Tokens sold per stage: 20.000.000
Bonus tokens: 2.000.000

Token sale period 7: 5%
Tokens sold per stage: 10.000.000
Bonus tokens: 500.000




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