While there is a lack of well made bridge between FIAT currencies, like USD, EUR, or CHF. and cryptocurrencies, like BTC, ETH, LTC or ZEC, eBit Payment LLC is offering trade including crypto trade, without superfluous outsiders. eBit installment will likewise offer it’s own token, we step by step intend to broaden utilization of our tokens — through eBit Coins. By and large, directed impact is having only one gathering in the center — eBit installment, that implies trading money with littlest conceivable spread — 0.99% at max, which is in a few situations dozen times not exactly with different arrangements.
Inside every client’s record will be introduced in ebit digital money and all exchanges will be sent in any userspecified cash, including some upheld cryptographic forms of money. To accomplish this, at whatever point client needs to pay utilizing certain bolstered FIAT cash, exchange goes from his record utilizing ebitcoins, which will be naturally traded in our inward trade continuously, at that point straightforwardly sent to exchange goal. Everything will be done naturally, and straightforwardly for clients, much the same as paying with some other installment card. The entire procedure is moment. The request of operations: When client tries to pay with our card, the terminal inquires as to whether the exchange can experience. Than the supplier’s servers inquire as to whether we could send the installment, we inside check if client has enough ebitcoins for him, and when that is right, we send ebitcoins from his record to our trade benefit, at that point sending the FIAT cash to the shop account, at that point we react to the card supplier that exchange worked out, so the supplier illuminates the terminal that all is well, the buy is finished. Everything in only a couple of moments — actually like that was your run of the mill installment card.
Along these lines the different monetary standards and trade issue is tackled — ebitcoin is that arrangement which was seeked by numerous all inclusive monetary forms clients. Exchanging it as another cash is consistent. As a result of the blockchain arrange speed, the move generally touches base in only couple of minutes, so this issue is tackled without anyone else’s input.
Long term vision — constructing society of eBit Payment
In our company, we believe that in few years, payments will be serviced by one network — a system that will be serviced by eBit Payment. It will be a system that will connect users to each other, help them with maintaining their accounts, making payments, exchanging currencies and more. Finally eBit Payment will not become only the exchange, but also a brand, that helps with everyday life and connects big society
The most important element of our long term vision is better money flow around the world, thanks to simplified and well-thought algorithms, that will work in our system.
Another very important aspect, that will take major role in payment system is the always updated database of present and new currencies and cryptocurrencies, that are starting to be an integral part of our everyday life. Thanks to more accessible, simpler, bi-directional exchange of both typical FIAT currencies and cryptocurrencies, life will be easier, and what is more important, with less fees.
We will also introduce bugtracker, so every bug can be reported by users, tracked down by us and patched up. This will boost overall application usability. In the future, we want eBit Payment to cooperate with external companies, to allow create loyalty programs. Every user’s transaction will be rewarded with points. Amount of points will depend on transaction size. Points could be spent on variety of discounts, bonuses and other benefits, that could be used in mentioned companies.
Other than upgrading the system and setting up the partnerships with variety of different companies, in the future eBit Payment would like to introduce its own payment terminals, that would allow payments for users using their phones or logins, without need for payment cards. Such terminals would also translate to lower fees.
Token sales timeline
The sale of tokens will cover 21 days. It will begin on November 24, 2017 at 00:00 AM. Delaware time, and will last until October 15, 2017 or until it reaches the target amount — $ 21,600,000.00. The number and time of token sale is limited, which means that after a specified period of time or after the inventory is exhausted, the tokens will no longer be sold. After this period it will only be possible to purchase eBitcoins on cryptocurrency markets.
For more information, please visit;
WEBSITE : http://ebit-payment-ico.com/
WHITEPAPER : http://ebit-payment-ico.com//whitepaper.pdf
ANN THREAD : https://bitcointalk.org/index.php?topic=2439940.0
Authored by Lelvin: https://bitcointalk.org/index.php?action=profile;u=1275173