[ANN][BOUNTY] 💣💣Bitupper - a full-fledged CRYPTO solution💣💣

[bitupper]

And how is data protection from hackers carried out? Does your wallet work with Trezor-type hardware wallets? At what level it interacts if it works.

We are working on the introduction of the system www.yubico.com in the next 1-2 months. We will put the integration with Trezor on the agenda, and if there are enough requests, we will quickly implement this function.

[bitupper]

What is the main difference to other multi currency wallets?

The main difference of our wallet to other is to provide the maximum level of security with the introduction of AI Fraud Detection system in addition to SSL connection, SHA-256 encryption algorithms and two-factor authentication.

Among the key features of the wallet will be:

-OpenAPI
-the presence of mobile platforms (it is planned to launch mobile applications in both AppleStore and Google Play)
-opening its own block explorer
-acquiring for business

[bitupper]

Technological aspects of the financial industry: review by Bitupper

FinTech’s market is constantly evolving: start-ups unite and create joint-stock companies, investors buy projects for billions of dollars, companies implement new technologies that are further developed by competitors. At the same time this process is performed at an incredibly fast rate. Therefore, all market participants try to keep track of the latest trends and match all the trends in order to keep their positions in the market. Let’s study the technologies in more detail:⠀
⠀
1. Distributed Registry Technology⠀
It’s a database for storing information about the actions of two or more participants in the system. The main storage unit is a transaction that can be arranged in various ways and contain any fields, but it necessarily includes data on the input and output, as well as the transaction time.⠀
Transactions are grouped into blocks that constitute a chain of transaction blocks. A number of users can create such a chain of blocks at once. Since the information is stored as an open source, it can’t be changed, while some of the information is encrypted, and to decipher it, you must have a special key that the object owner stores. So the objects themselves are encrypted, and the open information is the actions with them and their quantitative characteristics.⠀

2. Big Data⠀
Now this technology is used as a basis for further development. For example, if you integrate a large array of data and elements of an artificial object, you can teach the machine to analyze the information and on the basis of this analysis make accurate forecasts and conclusions useful for making important financial decisions. Correct work with big data allows organizations to find an approach to each client with the least time and money costs for the organization itself.

3. Remote Identification⠀
The main idea is that the bank’s clients can perform various monetary transactions with their accounts, transfer any personal data to other organizations without personal contact with the office — remotely.

4. Development of banking mobile applications, economy API⠀
Thanks to the API, you can integrate any applications into digital platforms and vice versa, quickly add and remove new services. In the future, these systems can completely replace the usual mobile banking applications. At the moment, open APIs become relevant — one specialist writes source code and opens the access, and any other programmer can make his own modification of this API and on its basis create a new product.⠀

5. Cyber threats and cyber insurance⠀
According to the International Institute of Strategic Studies, the cost of losses from cybercrime is estimated at more than 400 billion dollars a year. Along with the increase in cybercrime, the popularity of insurance against such threats is also growing.⠀

In addition to the above trends, there are many more innovations on the FinTech market, which is not surprising with such development and scale. However, despite changes in the financial market and its subjects, the main problem is still the regulation of new companies and technologies that arise almost daily. At the same time, the difficulties arise not only when tracking these start-ups, but also when it comes to the safety of other market participants.
⠀
Our mission: to make the technologically complex world of cryptocurrency simple, understandable and convenient for each market participant, providing advanced online banking tools in an understandable and user-friendly interface on all platforms.

Bitupper — that simple, for everyone.

Join us:

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[bitupper]

Evolution of the digital payment ecosystem: 7 key development points according to Bitupper

The world of digital payments is undergoing drastic changes, the most significant of which are:
-Digital and technological revolution, led by the ever-growing introduction of smartphones and mobile Internet;
-The appearance of several non-banking institutions offering payment services and solutionsin the payment market;
-The growth of customers demands - expecting instant payments;
- Introduction of a number of progressive changes in the normative base.

It is expected that the space of digital payments will change significantly in the very near future. Already, we can predict seven trends, aimed at transforming the payment system in developing countries over the next five years:

1. Technologies will simplify digital payments: biometrics, tokenization, cloud computing and the Internet Things are just a few trends that will determine how consumers interact in the future;
2. Expansion of the network of sellers accepting digital payments will grow by 10x by 2020: mobile payment solutions and own payment networks will stimulate the acquisition of trading companies;
3. Payments will stimulate consumption, and not vice versa: they will provide access to transaction data of customers, which will allow payment services suppliers to offer buyers interesting deals and coupons;
4. Consolidation of technologies will lead to widespread distribution of digital payments;
5. The modified UPI will become the main player changing the conditions on the payment market: The Unified Payment Interface provides an excellent platform for the smooth functioning of payment service providers;
6. Digital identification of the client will speed up the payment;
7. The number of non-cash settlements will grow: in the next few years, the digitization of cash will accelerate - non-cash payment transactions, which now are about 22% of all consumer payments, will bypass cash settlements by 2023.

Digitizing payments is a great opportunity. It's estimated that by 2020, total payments made using digital payment instruments, will increase up to $ 500 billion USD, which is 10X times the current level.

Our mission: to make the technologically complex world of cryptocurrency simple, understandable and convenient for each market participant, providing advanced online banking tools in an understandable and user-friendly interface on all platforms.

Bitupper — that simple, for everyone.

Join us:

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Twitter
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Medium channel

[bitupper]

Bitupper: 10 Simple Steps to Successful and Cost-Effective Digital Payment System

While developing countries tried to use different business models to monetize payment opportunities, only a few have reached any scale or
profit. The focus was on attracting customers, and the monetization model was not sufficiently developed.
The following ten points are to help to develop a successful and cost-effective digital payment system:

1) Addressing the real needs of customers;
2) Building a database with convenient, intuitive, easy-to-use and safe products that allow you to quickly make transactions and at the same time provide adequate protection of clients' money;
3) Optimizing the network effect when creating a ubiquitous network;
4) Partnership: Payment system providers need to actively cooperate to reduce the cost and attract customers, offering a wide range of solutions and access to a large distributors network;
5) Reduction of entrance barriers for clients: it is necessary to find the correct pricing model, where the transaction fee is levied from the seller or leaves the digital ecosystem;
6) Working with customer data to create additional revenue: analyze of large amounts of transaction data to create the most suitable product for a particular consumer at the right time, thereby stimulating a higher level of consumption;
7) Provision of additional financial services and other products based on consumption;
8 ) Ecosystem development to meet customer needs: PSPs can develop both modular and ecosystem products that provide a comprehensive payment solution for customers in these ecosystems;
9) Use next-generation technologies to create low-cost and scalable solutions;
10) Scale: achieving scale is critical to ensuring the viability of the business model of payment transactions.

Public investment in the construction of merchant networks, the creation of a common payment infrastructure and development the proper rules for handling complaints, the formation of a long-term plan to create a sustainable market for digital payments.

Using Bitupper, users will be able to discover the world of crypto currency in a simple, understandable and convenient implementation, having the opportunity to use advanced online banking tools in an understandable and friendly interface.

Bitupper - that simple, for everyone.

[bitupper]

Global digital payments are waiting for the drastic changes. Overview by Bitupper

https://i.imgur.com/FNzvLN6.png

The development of digital technologies has led to the fact that banks are no longer the main driving force in this market. The main role is played by a non-banking organization. Satisfying new consumer expectations (for example, one-click payments), causing some changes in the value creation.

Globally, the digital payment space is mainly influenced by five large-scale trends, which are expected to dramatically change this industry in the near future.

Ongoing digital / technological revolution
It is expected that by 2020 the number of users accessing Internet services via smartphones will reach 3 billion against almost 1.9 billion in 2015, which is 65% of the world’s adult population.

The emergence of non-traditional players in the market
In the payment market, a large number of players from different industries, device manufacturers (Apple, Samsung), technical firms (Google, eBay, Alibaba), retailers (Starbucks, Walmart), telecommunications companies (Vodafone, Orange) and start-ups (Square, Transfer-Wise) become more active. It is expected that the number of fintech startups will double and reach up to 1,000 within 5 years, and funding will increase 6X times, reaching $11 billion US.

Higher customer expectations
Today consumer expects the best experience that companies can provide, even in financial services. There is a growing need for an intuitive and convenient user interface and design, as demonstrated by the experience of large market participants.

Stimulating state regulation
Regulation plays a crucial role in determining the nature and success of payment decisions. For example, PSD2 (the revised directive on payment services) in Europe provides banks and payment institutions with the attacks that underlie their basic relationships with customers, such as checks and payments. It is expected that this directive will create an open environment conducive to a wider choice of customers and transparency of prices. In emerging markets, where cash continues to dominate, governments encourage e-payments.

The rapid evolution of digital consumer payments
Ubiquitous communication, biometrics, tokenization, cloud computing and the Internet of Things are just a few of the digital trends that will influence the consumers interactaction with their partners when making payments.

Bitupper, being on the wave of digital technology development, strives to use all available possibilities to present the world of cryptocurrency more simple, understandable and convenient for each market participant, offering advanced online banking tools in an understandable and user-friendly interface on all platforms.

Bitupper — that simple, for everyone.

Join us:

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[bitupper]

Facts and Figures: Digital Consumer Payment Market Analysis by Bitupper

https://i.imgur.com/wDJ7Wy7.png

Over the past 2 decades, there are 4 main milestones of payments:
1) the traditional model of “cash / card / bill” (the turn of the century);
2) “closed multi-channel online model” (the first few years of the 21 century);
3) “mobile multi-channel, open and fragmented model” (over the next few years);
4) “Internet of things” (IoT), multiservices, social models “(by 2020 and beyond).

In the future, market fragmentation will continue, and it will vary depending on the payment channel — Proof-of-stake (POS), e-commerce, mobile commerce or in-app sales.

The total value of global transactions with retail payments is estimated at $16 trillion. in 2015. According to forecasts, by 2020 this amount will increase up to $ 21 trillion. This evaluation combines trade operations carried out by consumers through retail verticals, such as food, clothing, consumer durables, etc. Digital payments contributed to an increase in the global total market by 8% in 2015, and by 2020 their contribution will amount up to 18–24%.

It is expected that the main catalysts stimulating the growth of the retail payment market in the coming days will be app and contactless transactions.

Different types of players and decisions become successful in different markets. There is no universal model, the use of which would lead exclusively to a successful result, however, we can distinguish some common elements of the winning model:

-Unique value offer — for example, making a payment using a mobile application in Starbucks;
-Access to a large client base such as eBay for PayPal, Alibaba for Alipay;
-Conducive infrastructure like devices with NFC support;
-Stimulating state regulation — for example, M-PESA in Kenya;
-Use of NextGen technology — for example, tokenization for security, biometric data for Apple Pay authentication;
-Bundling payments and loyalty program (Starbucks rewards loyal customers through its payment application).

Bitupper will contain all the key aspects inherent to the winning model described above in order to offer the most advanced online banking tools in an understandable and user-friendly interface on all platforms used.

Bitupper — that simple, for everyone.

[ladozhskiy1995]

isl this project work with mastercard and create a mobile wallet platform and card for crypto assets?hope  to hear more great news for this,like to followed

[bitupper]

isl this project work with mastercard and create a mobile wallet platform and card for crypto assets?hope  to hear more great news for this,like to followed

Hi, thank you for your question!
At the moment the platform doesn't support MasterCard, but soon the project roadmap will be released, where you'll be able to see all the plans of the project, including the support of 5 major cryptocurrencies: bitcoin, litecoin, bitcoin cash, bitcoin gold and ethereum, mobile app both for Apple Store and Google Play. One more function that will be implemented - online banking: accounts, joint management, statistics, data export. Using our wallet users will be able to transfer cryptocurrency into fiat and back.

Now you can register your user-friendly bitcoin wallet on Bitupper.com

[bitupper]

Bitupper about the popularity of cryptocurrencies in different countries

Establishing an accurate picture of where the cryptocurrency is used, and in which countries the activity level is the highest, is a difficult task, since many companies and platforms dealing with cryptocurrency — do not share information about users for a variety of reasons, including protecting the privacy of users or by the nature of their services, which prevent the collection of data on location basis.

One of the indicators of activity can be done based on the volumes of LocalBitcoin, the P2P exchange platform, which unites users in 249 countries and allows them to meet personally or to exchange the cryptocurrency in e-form. For example, the highest growth was observed in the developing countries located in Asia (China, India, Malaysia, Thailand), Latin America (Brazil, Chile, Colombia, Mexico, Venezuela), Africa and the Middle East (Kenya, Nigeria, Saudi Arabia, Tanzania, Turkey) and Eastern Europe (Russia and Ukraine). In general, considering the geographical distribution of bitcoin and other ATMs with cryptocurrency, it turns out that 94% of all public ATMs are based in North America and Europe.

Running a full node is another indicator of activity by geographic location. Considering the distribution of complete bitcoin nodes with a time window into one year, it is not difficult to see that the largest number of complete nodes is located in the United States.

https://i.imgur.com/Jh3t23w.png
The share of cryptocurrency owners by region (based on data from wallets and providers of payment services)

Finally, based on the user data that was aggregated by the incorporated wallets and platforms, you can make the customers separation by shares in geographical terms. Thus, it turns out that almost 40% of users of cryptocurrencies are located in the Asia-Pacific region, while in Europe — 27%. The share of North American users is surprisingly low. However, do not forget that these figures represent only data announced by a limited number of suppliers of wallets and payment platforms and do not take into account the users of exchanges, and also mining pools.

Clearly, the implementation of cryptocurrencies has been most advanced in North America and Europe, but there is increasing activity in other regions: in the relatively fast developing countries of Asia, Latin America, and also Africa and the Middle East.

The above analysis does not take into account the number of users since this information is mostly secret and/or cannot be counted in terms of the type of services that the relevant companies provide.

Bitupper creates its unique product, relying on the above statistics and data, which is a great step towards success. Be successful, develop and go along with Bitupper!

Subscribe to the project news channel and stay tuned. In the following articles, Bitupper will tell you about the intricacies of the cryptocurrency industry and also introduce the types of crypto wallets.

Bitupper — that simple, for everyone.

[candyconstantino11]

this is interesting prioject although lack of information but i think its enough to know about this bitupper,i think this gonna be in success

[bitupper]

this is interesting prioject although lack of information but i think its enough to know about this bitupper,i think this gonna be in success

Thank you for the kind words. We are preparing the new version of the site, so we'll back with more information in the nearest time. Right now you can register the wallet and keep your funds in a safe place.

[bitupper]

The industry of cryptocurrencies: a review by Bitupper

Everyone knows that the cryptocurrency industry consists of many important participants and groups, but within the framework of this review, four key sectors of the cryptocurrency industry are considered: exchanges, wallets, payment companies and mining. The lines between these sectors are becoming increasingly blurred. Some companies offer a platform with products and services in different industries, while others operate in different segments of the industry using different brands. In fact, 19% of the companies in the cryptocurrency industry who participated in the survey provide services covering two industrial sectors, 11% work in three industrial sectors, and some companies operate in all four industries.

If we combine the three key sectors of the crypto industry (exchanges, payment companies, wallets), then the lower limit of the total number of people employed in the cryptocurrency industry can reach 1876 people. The use of cryptocurrency can be grouped and classified into four main categories:

📌Speculative digital assets/investments;
📌Exchange;
📌Payment means;
📌Non-monetary use cases.

There is evidence that today the main precedent for the use of cryptocurrency is speculation. According to the joint report of Coinbase and ARK Invest in 2016, 54% of Coinbase users used bitcoin strictly as an investment. Estimates of the use of cryptocurrency for payments vary considerably in different sources. For example, according to the Boston Federal Reserve report of 2016, 75% of US consumers who own cryptocurrencies used them for payments during the year, while the Coinbase / ARK Invest report indicated that 46% of Coinbase users used bitcoin as a “transaction medium”. It turns out that the cryptocurrency isn’t used as a means of exchange for daily purchases. This is due to several factors, including price volatility and the absence of a closed-loop cryptocurrency economy in which people or businesses receive money for the cryptocurrency, and then use the currency as the main method of paying daily expenses.

According to a report published in 2016 by the Federal Reserve of Boston, about 0.87% of American consumers owned cryptocurrency in 2015, that is about 2.8 million people in the US only. In turn, Coinbase and ARK Research estimated: about 10 million people throughout the world owned bitcoin in 2016. Using data obtained from some market participants, and assuming that a person has an average of two purses, we can roughly estimate that currently, about 5.8 million unique users are actively using crypto wallets. It is important to note that this evaluation of the total number of active wallets does not include users whose accounts on the exchanges serve as their de facto wallet for storing the cryptocurrency, as well as for the users of payment service providers or other platforms that allow storing cryptocurrency. In other words, the total number of active users of cryptocurrency is likely to significantly exceed this estimate of unique users of active wallet.

Bitupper follows the latest news of the industry. Do you want to be on the wave? Join Bitupper, register your wallet right now and keep your funds safe, learn more about the world of cryptocurrency!

Bitupper — that simple, for everyone.

[bitupper]

💥 Bitupper launches a testnet: join and get bounty! 💥

The Bitupper team announced the upcoming launch of the testnet, where each user will be able to test the first of the key capabilities of the complex cryptocurrency solution - its own Block Explorer.

During the testing, users will have an opportunity to leave their feedback and suggestions for further project development and get a generous reward for this, since with the testnet launch the first round of a major bounty campaign starts*.

Subscribe to our social networks and read about the latest project news.

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* The terms and conditions of the first round of the bounty campaign will be published within 3 days in this group and on the official BT forum thread, subscribe and follow our news.

** The current site version is a development of 2016 and is not relevant to the testnet being launched, a link to which will appear within 3 days in this telegram group.

[bitupper]

Only two more days till the BIG BOUNTY CAMPAIGN START

Join our Telegram right now to be the first to receive bounty!

[Durr_1412]

I want to check out your main website beside your social media. Is it still in develop? When does it release?
And I want to know the team member too.

[bitupper]

Ready, set, go! Hours left before the launch of Bitupper's testnet and bounty campaign!

Already today you will be able to evaluate the functioning of the Bitcoin/Litecoin block explorer developed by the Bitupper team.
Each participant of the testnet also gets an opportunity to participate in a large-scale bounty campaign for $300,000 USD worth!

Bitupper is not just another project aimed at using blockchain in the industry. Bitupper is a complete solution combining the most necessary tools for fast and secure cryptocurrency exchange:
✔️ Secure multicurrency wallet;
✔️ Multicurrency block explorer;
✔️ Fast and smooth merchant system;
✔️ Business solutions: co-managed wallets, an unlimited number of wallets per person;
✔️ Powerful API tools and command lines to manage all the services offered by Bitupper.

All this will coexist within the frames of one organic system, convenient, accessible and understandable to any user, regardless of his knowledge of cryptocurrencies. Reliability, speed and user-friendliness are key aspects of the Bitupper philosophy.

Subscribe to get the latest news about our project first:

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📌 Medium

[bitupper]

I want to check out your main website beside your social media. Is it still in develop? When does it release?
And I want to know the team member too.

The current site bitupper.com is the development of 2016. Already today our Telegram followers will get the link to the testnet, where the info about the team is available.

[poppapop456]

look potential to invest, let try

[bitupper]

BOUNTY THREAD is available here.