BITCOIN FINANCE NETWORK is set to do what other coins aren’t attempting and that's focusing in on the 10’s of millions potential and current consumers out there willing to convert and insert some of their monetary assets to the blockchain and we’re here to hasten their conversion by providing the knowledge and tools so clients can start, maintain or expand their portfolio of crypto opportunity.
THE COMPANY
BITCOIN FINANCE NETWORK consist of of two operations and that is an online/ offline BITCOIN FINANCE NETWORK Gift Card purchase solution and a decentralized marketplace which allows buyers and sellers to trade directly in any cryptocurrency using many methods of payment. BITCOIN FINANCE NETWORK provides a safe, uncomplicated and fast peer-to-peer (P2P) trading platform, allowing users to freely exchange without unnecessary verification requirements or waiting times. The platform utilizes a secure escrow system that solves the inherent trust issues of online P2P trading.
THE EXCHANGE
BITCOIN FINANCE NETWORK COINS are digital assets which will be used to facilitate distribution of all profits made by the BITCOIN FINANCE NETWORK platform 100% of all net profits will be automatically distributed to the token owner, proportional to the number of tokens.. BITCOIN FINANCE NETWORK COIN holders will additionally receive airdrops of new tokens listed on the BITCOIN FINANCE NETWORK platform. The platform implements a novel approach to traditional company ownership by utilizing blockchain technology to distribute the entirety of the site's profits to holders of BITCOIN FINANCE NETWORK COINS. This asset entitles investors to regular payments denominated in all of the currencies traded on the platform. Holders of the BITCOIN FINANCE NETWORK COINS may also participate in the long run vision and decision making of the company itself through democratic voting in a proof-of-stake system. This replicates the dividend payments and shareholder voting of traditional companies, with the added benefits of blockchain technology and decentralization.
Funds raised will be used to expand and speed up the development of the BITCOIN FINANCE NETWORK platform and increase the number of cryptocurrencies which the platform is able to support on release. Centralized cryptocurrency exchanges in their current form are fraught with inefficiencies, security risks, long wait times and unreasonable verification requirements. This results in high barriers to entry for a huge number of potential users. Common place also are unethical business practices including insider trading, front running, and deceptive pricing. As long as these problems exist, there will always be a demand for P2P marketplaces. P2P marketplaces provide direct access between buyers and sellers, which represents the truest form of free market trading.
The future of the digital currency ecosystem relies on the development of a robust P2P exchange which supports a diverse choice of cryptocurrencies. The innovative distributed ownership model offered by BITCOIN FINANCE NETWORK COINS will bridge this gap in the market, while delivering the profits of the platform back into the hands of its users.
THE GIFT CARD
With the growing refusal of credit card companies and banks not honoring cryptocurrency transactions, new methods of obtaining Bitcoin is much needed especially for people with limited to no access to bank accounts and credit/debit cards that don’t honor crypto purchases currently. BITCOIN FINANCE NETWORK enables offline/online crypto purchase and trading transactions in locations out of the reach of the traditional banking industry.
BITCOIN FINANCE NETWORK is set too do what other coins aren’t attempting and that focusing in on the overlooked millions of living souls out there willing to convert some of their assets to the blockchain and were here to hasten their conversion. By enslaving new clients to start, maintain or expand their portfolio of crypto opportunity.
Millions of people out there has heard but never used cryptocurrency due to lack of access and/or lack of education on cryptocurrency. This is a mufti-billion dollar niche being passed up. Also a unavoidable necessity for crypto currencies to grow and expand.
By BITCOIN FINANCE NETWORK launching the first ever coordinated release of the online/ offline BITCOIN FINANCE NETWORK and the(BFNC)Gift Card will give access to customers that lack access and/or the ability to purchase crypto traditionally. Now crypto will be available locally at but not limited too:
Grocery Stores
Gas Stations / Convenience Stores
Drug Stores
Shopping Malls.
In corporation with a Worldwide Distribution Network , that offers branded value through their extensive global network. They have over 200,000 prime physical retail locations in 25 countries. This will get BITCOIN FINANCE NETWORK up and running with a strong stable direction. Some brands are Family Dollar, Walgreen’s, Dollar General, Rite Aid Pharmacy, Kroger and many more[/color]
Team composition
BFNC is a online P2P Marketplace and our team comprises of individuals who have experience in website development, software development and financial markets. We hire the best people to create, promote, manage, and support our products.
David Clark
CEO and blockchain enthusiast David has 11+ years’ has a Bachelor’s Degree in Business Administration, 16 years managerial experience and has overseen 22 national chain of Discount Stores. He has 2 years of experience of online sales management.
Alexander Paterson
CTO Alexander has Bachelor’s Degree in Computer Science, Computer Programming, 8 years experience with Java, C#, SQL server database and C++.
Stefan Schneider
Stefan has 5 years in Coding and test programming for in-house software programs. Debugging code for existing programs troubleshoot system bugs and issues.
Chuck Jansen
Chuck has Bachelor’s in Computer Science, Graphic Design and Web Development for 5+ years’ (with Java proficiency). He also has an ability to implement and maintain high-quality SEO policies and incorporate them with content produced for the website also immediately respond to issues with site functionality.
TECHNICAL INFORMATION
All digital assets issued by BITCOIN FINANCE NETWORK will be ERC20 compliant and will include other mainstream standards where possible. This will enable BITCOIN FINANCE NETWORK derived assets to be transacted by as many Ethereum wallet programs as possible and be accessible across a wide variety of secondary exchanges. All reasonable efforts will be undertaken to conform to industry standards where possible in smart contract development. This will include independent auditing if necessary to increase security. Contracts used by BITCOIN FINANCE NETWORK are open source and all code is publicly viable on the BITCOIN FINANCE NETWORK Github. The contract development process is modulated where technically possible, with extensive whitebox and black-box testing of all individual units on private testnet before public deployment. Because the security of financial systems is critical to the company, all code additions are independently reviewed by all technical members of the development team.
BITCOIN FINANCE NETWORK platform borrows the best elements and features of existing platforms but has been redesigned with an enhanced focus on user experience, coin additions and incorporation of social media interactivity. The core development philosophy for the BITCOIN FINANCE NETWORK platform is: safe, easy, enjoyable. Primarily the platform has been developed with the in depth novice to expert education, robust social interaction element along with security of the user in mind.
Careful attention has been taken to implement intrusion detection mechanisms and segregation of critical components. The ease of use of the platform is the First most important design consideration. It is important that the user has a smooth experience, can quickly find and use the features they need, and is not burdened by excessive pages or complicated interfaces. Our novice interface has in-depth step-by step tutorials explained in easy to comprehend terms. Where possible the focus has been on offering as many features as possible while maintaining visual simplicity
Because most experience as well as novice users love the anonymity of blockchain the sign-up process has been streamlined with no identity verification required for registration. Users are able to quickly access the platform and begin trading immediately with no restrictions. The final consideration, and of equal importance, is that the platform is enjoyable for the user. The development team is integrating several social media aspects to the site designed to enhance the community element of the experience. This includes trending coins, interactive charts & graphs, achievement badges, custom profile pictures, and a fully integrated forum. Coins offered BITCOIN FINANCE NETWORK aims to offer trading on the majority of cryptocurrencies and digital assets to benefit the greatest number of users.
The platform will open in stages due to development budget, opening with the widest possible selection of coins and continuously integrating more. When there is uncertainty as to whether certain crypto assets should be implemented, or the order in which cryptocurrencies should be implemented, a vote among BITCOIN FINANCE NETWORK COIN holders will take place. BITCOIN FINANCE NETWORK has a non-discriminatory attitude towards coin coverage. The platform’s focus is on servicing the needs of the greatest number of users possible, rather than providing preferential treatment to any single cryptocurrency.
BITCOIN FINANCE NETWORK escrow system acts as an intermediary between buyers and sellers to create a solution to the inherit trust issue which hampers P2P transactions. BITCOIN FINANCE NETWORK will implement a multi-signature transaction option for users in currencies where this is possible. This will allow users to exchange with zero platform risk. When a new trade is initiated between traders, BITCOIN FINANCE NETWORK takes possession of the cryptocurrency portion of the transaction, while the fiat currency payment is made directly from the buyer to the seller. Once the payment has been made, and the seller can verify the fiat currency transaction has been received, the cryptocurrency is released to the buyer. To prevent users funds from being locked up during volatile market periods, time limits for each step of the contract process can be specified by the buyer or seller and are agreed to in advance. Dispute resolution. If a dispute occurs, the escrow release is paused and supporting documentation is requested from each party to mediate the settlement. BITCOIN FINANCE NETWORK has scenario-tested all reasonably foreseeable instances where disputes may be initiated and has created stringent processes to fairly deal with each individual case. A support team will ensure that staff members are available to mediate trading issues at all times.
User feedback User feedback about buyers and sellers is an important component to maintain a community of reliable traders. Both parties have the opportunity to leave feedback and respond to it after the transaction is complete. Traders additionally may view feedback before deciding whether or not to accept incoming trades.
TRANSPARENCY
BITCOIN FINANCE NETWORK will provide an open and transparent exchange to its shareholders. The blockchain itself will provide an unforgettable record of all dividend payouts to BITCOIN FINANCE NETWORK COIN holders.
Starting 4-8-2018 BITCOIN FINANCE has allocated 20,000,000 bounty and 30,000,000 in Airdrops. These funds are allocated towards:
Percentage of the bounty:
1. Facebook - 30%
2. Twitter - 20%
3. Bitcointalk.org - 25%
4. Telegram - 25%
