Ever since the introduction of Bitcoin and other cryptocurrencies to the exchange industries, its growth has increased rapidly. Some merchant have accepted it as a means of payment, but majority of the traders are yet to absorb it. A recent study, cited by oracletimes.com showed that out of the top 500 online retailers, only three of them accepted Bitcoin payments, a decrease from the previous year’s five. Their major challenges are: Some investors see Bitcoin and other cryptocurrencies as an asset than a currency and also that the cost of Bitcoin transaction is high. It was as a result of these challenges that gave birth to the platform BLOCKOMICS. Blockonomics is an industry-leading payment processing platform that is meant for traders accepting Bitcoin. Blockonomics is a decentralized Bitcoin payment ecosystem where the platform services improve the functionality of the wallets a user already have. The purpose of the platform is to continue to allow users to directly accept Bitcoin, be it billing, receiving donations or running an e-Commerce store.Just watch the video clip below WEBSITE](
The platform will provide users with a truly decentralized, trusted and secure, completely permission less, straight to wallet Bitcoin payment solutions. Some of the benefits of using the Bitcoin as a means of payment via this platform are: There is no restriction on the amount of money sent globally and instantly, Bitcoin fees are significantly low while transactions fees via other methods like credits cards, PayPal, and Western Union in some occasions may reach the level of 9-10% of the transaction, in Bitcoin transactions, the transactions are higher secured. This removes the possibility of fraud on payments or theft of coins, Bitcoin transactions occur at fast rates, in a matter of seconds or minutes, as opposed to days as with banks, the tractions can be done in any part of the world. All a user just need is the hardware and a data connection, there are no restrictions. Blockonomics platform ensures the absolute absence of intermediaries, the lack of access to users' private keys, the absence of KYC / documentation and direct and instant payments and e-Commerce donations to any SegWit wallet. This platform also act as a decentralized way to send Bitcoin to your friends and family via email.
The Blockomics platform has a token called BCK. The BCK token is a utility token, Ethereum based that is compatible with the ERC20 wallet. The BCK tokens support BCH, LTC, and ETH and Lightning Network integration. The token is the only access to all the services that are rendered by this platform. Clients can use BCK tokens to over 2000+ worldwide Blockonomics powered stores, without paying any transaction fee for BCK transaction on the platform. Clients can get bonuses and rewards for transactions by using the BCK tokens. The initial coin offering of this platform will start on the 1st of August, 2018 and it will end on the 15th of August, 2018. During this period, 1 BCK will be equivalent to 0.02 USD.WHITEPAPER Some of the upcoming programs of the platform are the integration of More e-commerce like Shopify, OpenCart, ZenCart, Wix etc.and the improvement of BlockExplorer and blockchain.
For more information about the platform, visit the links below:
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