Global Digital Payment, a digital solutions provider, launches Bytus to assist in crypto-conversion and faster transactions via contactless payment modules.
The goal of the Bytus launch is to establish a global platform that allows customers to shop in stores around the world using cryptocurrencies.
Interesting in the section: Electrum Wallet: Bitcoin-Wallet description
Digital Bytus Wallet
Founded in March 2018, this solution is designed to simplify legal and technical infrastructural problems, which often lead to the fact that third parties charge high fees for converting crypto into Fiat.
Interesting in the section: Features of fiat money
Bytus Wallet is a mobile application that users install to access a convenient and secure contactless payment system. The flexibility of the digital wallet allows Bytus users to make transactions through payment terminals and via the Internet, simply using a QR code.
When a user activates an application, he goes through the "Know your customer" (KYC) procedure. At this stage, the client identifies itself in the network, generates the initial phase, from which it receives the private and public keys. This phase allows you to access the wallet and make a deal.
When developing a Bytus wallet by Global Digital Payment for an instant transfer of cryptocurrency to Fiat, the developers had a special job on design creation, coding and testing. Much work has also been done to evaluate the system in orderOrder
– automatic application to buy or sell cryptocurrency. Orders are used during trading on the stock exchange to open and close a position. Details to identify key performance indicators that will help improve performance.
Editor: Alyona Nabok