What BITRUST
BITRUST is a crypto money insurance platform that can be used by anyone with smart contracts and blockchain technology. Thanks to this platform, the sudden and tough movement to experience in the cryptocurrency you invested and the risks associated with it will greatly decrease. This means that with Bitrust you will have access to an easy-to-use, safe, and simple risk management solution for your investment.
HOW IT WORKS
Bitrust uses intelligent ethereum-based contract technology that guarantees the execution of transactions previously agreed upon by both parties. This transaction requires both the insurance buyer and the insurance seller to lock their funds in the BITRUST Token (BTF) or other cryptocurrency sets permitted by the platform. Then after the date of the insurance contract expires and based on the conditions provided, the Bitrust smart contract is executed in a decentralized manner and automatically follows the agreed terms and conditions.
work in a complete anonymity regime. The registration process does not require users to provide personal information, and therefore monetary transactions, including those with attachments, are executed on an anonymous basis;
transparent working conditions without the possibility of deceiving participants and other fraudulent acts. Due to the fact that the system is decentralized, the control of all operations within it is exclusive from within, so that no external system can affect the course of its operation. Decentralized systems are also enabled to continue working even with unexpected failures occurring in some parts of the system.
the interface is understandable even for inexperienced users on an intuitive level. The control panel works best, so with just a few clicks, the user can access the necessary tools.
ensure full security through the use of smart contracts based on Ethereum. This makes it possible to maximally encrypt user data and exclude the possibility of stealing tokens from the wallet;
constant stimulation of participants through stocks and various lucrative offers from Bitrust. For example, at this time, to subscribe to newsletters via email, each user can receive a nice gift for their account.
Token BITRUST
The Ethereum ecosystem allows the deployment of Turing-complete trustless smart contract on his blockchain. This flexibility and renewal have made the most commonly used token ERC20 token publishing interface, Ethereum-based tokens depend on Ethereum's established infrastructure benefits of some features:
- Security and predictability (compared to, for example, must run an independent blockchain network).
- Use of strong and well-supported clients (Ethereum-based tokens can be managed with an official Ethereum client).
- High Liquidity (exchanged with other Ethereum-based tokens or Ether), means an easier list on the exchange with existing infrastructure.
Token details
Token Name: BTF
Token Price: 0.0001 ETH (until 31 May)
Platform: Ethereum
A form of Payment: ETH, BTC, LTC
Soft Cap: 6,000 ETH
Hard Cap: 12,000 ETH
KYC: Not prompted
Roadmap
BITRUST team will use funds raised through ICO of BTF tokens to develop the platform. Our aim is to provide a risk mitigation solution for cryptocurrency enthusiasts, according to a development timeline below. The product development timeline might not be final and is subject to change depending on the feedback we receive from developer’s team.
You can use the links below to learn more about Bitrust projects that define risks and insurance components differently and to send your team questions.
Website: https://bitrust.co.uk/
White Paper: https://bitrust.co.uk/files/whitepaper.pdf
Telegram: https://t.me/joinchat/B2YGhUXOs8y1EPxV4q_zzw
Facebook: https://www.facebook.com/BITRUST-150162739077561/
Twitter: https://twitter.com/BTF_PROJECT
Medium: https://medium.com/@bitrust
Bounty:https://bountyhive.io/join/Bitrust?from=nanukrumayani
Bountyhive Username: NanukRumayani