Throughout the history of human civilization, man has continually developed himself and his environment as well as the way and methods of carrying out everyday tasks, making them simpler, more efficient and cost-effective. These developments have come in leap and bounds across virtually all facets of human existence -medical, agricultural, and most importantly in our discourse, financial. In the financial sector, the advent of the blockchain has opened up a whole new paradigm in the exchange of value as well as payments. The blockchain as one more innovative product of human civilization is enabling individuals to transfer value effortlessly, trustlessly and securely. However, just like any other innovation, the blockchain is suffering some flaws including but not limited to congestion(scalability) which leads to high transaction fees. However, Vince Lombardi opined that "Perfection is not attainable, but if we pursue perfection, we can catch excellence". So, while the prized perfection ever refers to a standard that ever remains elusive, excellence can indeed be established as currently being shown by the BITENNY project and they have developed a revolutionary platform with an exciting new digital-currency platform designed to simplify your future and it offers incredible opportunities for success in investment! The basis of the advantages of Bitenny platform is its structure, concept and the possibility of integration with a high level of artificial intelligence and machine learning technologies.
Bitenny is designed as a means of bridging the gap between traditional fiat currencies and their digital, cryptographic counterparts. In doing so, Bitenny will make digital currency a far more usable asset in the real world. It will unite traditional and futurecentric payment concepts in the process, putting itself in a unique position in the fintech marketplace and giving us a keen focus on the future of business and commerce.
The main goal of this project is to provide the world around us with a seamless tool for fast, high-quality and secure digital transactions to pay for any goods and services with the help of cryptocurrencies available to the world.
Bitenny intends to achieve its goals with the help of a symbiosis of different technologies and effective tools that will eliminate any problems and barriers existing in our daily lives. Moreover, the mission of Bitenny also includes the popularization of cryptocurrency funds everywhere, due to its high-quality platform.
PROBLEMS BITENNY SEEKS TO SOLVE AND SOLUTIONS PROVIDED
- Solving problem for users
Bitenny helps to lower the risk and trepidation of investing in crypto by offering a free AI-enabled wallet. This system allows users to swap virtual currencies more securely, with full compliance. Unlike similar platforms, it also has tight integration between virtual and physical currencies, letting people hold, pay and distribute cryptocurrencies and fiat currencies with ease.
Real-time access to crypto markets means Prally, the interactive assistant, can inform users about current trading opportunities and provide them with ideas on trade execution. A key feature, this limits the risk that comes from having lack of experience in investing in crypto.
- Solving problem for merchants
To create a seamless experience for businesses that want to accept crypto payments, Bitenny comes equipped with the fully featured Bitenny API, which is easy to integrate into online stores and is available free of charge.
Rather than one easy-to-use platform, merchants are stuck with several Payment Service Providers (PSPs) with a lack of integration between them. Bitenny, an advanced technical platform accepting over 50 methods of payment, including comprehensive crypto integration, solves this problem.
- Solving problem for brick-and-mortar merchants
A lack of specialised software has made it difficult for physical stores to accept crypto payments. The Bitenny system can be installed easily on a tablet-PC to be used by the cashier at the point of sale, allowing users with a Bitenny Wallet to pay with cryptocurrency.
Ai, Machine Learning, and Deep Learning
The team behind Bitenny is well versed in developing effective AI solutions and has over 20 years of experience in the field. Because of this, the developers are able to bring cutting edge concepts of AI, machine learning, and deep learning to market analysis and trading support, giving our users the very best advantages in this growing market.
Natural Language Components
Interaction between the user and Prally, and the user and other automated aspects of the network, will be handled by a smart chatbot. This chatbot will be based upon AI technology and will incorporate support for text2text, text2speech, speech2speech, and speech2text for effective two-way communication.
AI is key to Bitenny's security and compliance architecture and sits at the heart its fraud detection protocols.
Both machine learning and deep learning will play a part in this, and we will apply a comprehensive array of industry standard scenarios, covering fraud detection on the transaction-level, suspicious account activity detection, and changes to payment frequency or profiles, as well as unusual activity between accounts.
Real-time automatic trading engine
B-RATE - the Bitenny Real-Time Automatic Trading Engine - is designed to give users the insight and the scope they need to execute winning trades in the market.
The engine is based on both rules and rule inference as well as deep learning concepts and neural networks. The result is a powerful tool which can predict the likelihood of specific future market scenarios.
UNIQUELY DESIGNED BITENNY
To ensure the necessary level of security and optimality of all possible payments, Bitenny developers have made an unconditional decision in the application of artificial intelligence in the development of its platform. Analytical features of AI will be used for in-depth and high-speed analysis of all computational processes taking place both in the cryptocurrency market and in a particular store, comparing all possible options for the exchange of one asset to another, choosing the best exchange option.
Within the shop the price for this or that model expressed in Fiat currency is specified. But to make a purchase in digital assets you need to go to your internal wallet Bitenny and see the best, the proposed option from the AI system cryptocurrency asset that can be exchanged for the current Fiat in real time. At first glance it may seem that everything is very difficult and confusing, but believe me these operations take only a fraction of a second. Thus, you will not only save a lot of money, but will get the desired product at the best price.
WHY YOU SHOULD CHOOSE BITENNY (KEY ADVANTAGES)
- Unique structure and ethos
Bitenny's structure simplifies the cryptocurrency market, giving regular fiat currency users the ability to make purchases and payments both online and offline.
- Technological innovation
Bitenny is positioned on the cutting edge of technology, bringing together future-centric tech concepts such as Artificial Intelligence, and applying them to problem-solving in the real world.
- An experienced team
The Bitenny team draws upon 20+ years of experience in the development of highly effective AI solutions and includes alumni of both Deloitte and Ingenico.
- Comprehensive payment solutions
Over 50 payment methods are supported by the network, making life easier and more straightforward than ever before for users and merchants alike. What's more, this list is growing as the network develops.
Bitenny will be an ideal solution not only for private use, but also for other large corporate clients, as well as various crypto-exchanges and banks. To do this, Bitenny has all the necessary modular structures that allow you to complement all possible services, as well as communicate with any type of client, providing maximum security and transparency of all processes.
Advantage of Bitenny platform is its computing core, which contributes to the maximum level of security and scalability of the entire system. Moreover, all exchange processes interact directly with artificial intelligence algorithms, allowing you to receive any type of data in real time quickly and safely.
Thus, within the framework of Bitenny you can easily check not only the balance of your wallet, but also to carry out any type of trade both outside the system and within it. All this and much more is waiting for all those who want to join the Bitenny system.
Bitenny's structure incorporates two separate components, operating together as a whole to provide comprehensive functionality to users. These components are as follows: The Bitenny platform and the Bitenny backend.
Token and ICO Details
The BTNY token will have genuine value both in the real world sphere and online. This includes real fungibility across a range of transactions, and usage as a vehicle for payments relating to goods and services. All services, fees and licensing of the Bitenny platform use BTNY utility token. BTNY may be used as an in-between when converting tokenized FIAT currencies between Bitenny accounts, which enables rate discovery, advances liquidity and eases adaptation across local currencies.
Token Name ‘BTNY’ - an ERC20 token
Will be listed at crypto exchanges
Will be required to use some of the platform features
Token sale terms
Token price: 0.07 USD per BTNY
Hardcap: 25 000 000 USD
Max tokens:1 000 000 000 BTNY
Unsold tokens will be burned
+5% bonus for purchasing > 100 ETH
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