BILIBIT IS YOUR BLOCKCHAIN BASED ADVOCATE

BILIBIT IS YOUR BLOCKCHAIN BASED ADVOCATE

Who wants to spend too many hours in banks and financial institutions to see their transactions go through? It is such drudgery to join endless queues to make financial transactions only to be informed during your turn that there is a network glitch. Sometimes there is a monumental task of skirting around bureaucratic banking laws and regulations in order to make financial transactions from one financial jurisdiction to another. In the 21^st century speed and reliability should be the hallmark of all financial transactions in order to keep up with the ever-growing world population and its need to have smooth financial dealings. The invention of the ever-alluring Blockchain technology has made many people come to the realization that transactions can be safer, decentralised, fast and devoid of unnecessary manipulations.

Bilibit, a group of intelligent and innovative Philippine decentralized community seeks to incorporate blockchain technology in the Filipino e-commerce environment. Bilibit has seen the need to adopt blockchain technology locally and internationally in order to aid daily e-commerce transactions via the most trusted and fastest growing technology of our time-blockchain.

Bilibit has identified the following problems:

•          Payment transactions take more time than necessary. People have to spend precious portions of their working time to complete transactions which may take hours or sometimes may never go through successfully.
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•       Transactions fees are extremely costly. Extra costs charged for sending money over banking networks are quite outrageous. These charges are not clear depictions of the services customers should benefit from.
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•       Transaction speed is incredibly slow. Problems of network glitches still bedevil most transactions done through the banking system.

Blockchain technology has all the properties that can solve the above-mentioned problems. Blockchain ensures decentralization, there is no need for any party to validate transactions. There are anonymity and transparency of transactions, transactions are faster than the traditional system we use currently and all transactions are highly secured cryptographically. These are the same technological benefits that set Bilibit ecosystem apart from all others. Bilibit also believes in empowering the entire community financially by helping them understand how blockchain technology works and incorporate the technology in e-commerce and other financial transactions.

Do you know Bilibit is an ERC20 token?

ERC-20 and Ethereum blockchain based smart contracts back Bilibit decentralised community. ERC-20 is the most famous of all standards in the crypto world. Bilibit will be issued in ethereum platform and will, therefore, use the ERC-20 standard. Most ICOs have their tokens based on ERC-20 standard and the success of Bilibit under the same standard cannot be overemphasised. Talk about, speed, reliability and security!

How ethereum tokens get their value

Through traditional economic principles of demand and supply, ethereum tokens get their value. A fixed number of tokens are issued and each transaction is recorded in an open ledger and thus making sure that codes issued in that blockchain cannot be tampered or reversed. When the supply of tokens remain constants under the decentralised application and demand increases, the value of tokens will also go high. For example, more people demanding more Bilibit tokens(fixed amount of bilibit tokens exist) will lead to a concomitant increase in the price of tokens and this will hugely benefit Bilibit token holders.

Creation of Bilibit

Like a double-edged sword Bilibit cuts across all angles of empowering people to take absolute control of their own finances and earnings. Bilibit’s major determination is to ensure secure faster transactions in an environment devoid of stress, unnecessary restrictions and difficulties. Reduction of higher transaction cost is an utmost priority to Bilibit team.

Commendably, Bilibit seeks to support charity foundation, street children and unemployed people. People will begin to earn for themselves under the Bilibit ecosystem. Would you love to see transparency usurping and uprooting corruption in term of payment, taxes, tracking down funds and so on? Bilibit is definitely what you have been yearning for.  Corruption will be decreased severely through the use of bilibit tokens to liquidate incoming and outgoing transactions.

Plans have been laid down to build an ecosystem of powerful technological machinery in the Philippines and later spread across the globe. Kindly visit the website constantly for updates on the latest developments and the whitepaper  at http://tokens.bilibit.io

Importance of Bilibit

As your blockchain based advocate and champion, Bilibit will help you to track your funds, the taxes you pay, and where all the money have been allocated. With this transparency in ensured and people are encouraged to pay taxes regularly, knowing that their money will be secured and put to good use in a stipulated time. Whichever funds people own will be kept under Bilibit’s eagle eyes. None of your funds gets lost. Is this an amazing feat to yearn for in blockchain?

All the taxing activities one has to go through, insecurities regarding financial transactions have been put into consideration by Bilibit. Thanks to Bilibit! All these are going to happen under an impregnable blockchain backed environment.

Why you have to choose Bilibit

For all people in the Philippines, this is a ground-breaking achievement in the blockchain technology. The success of this project cannot be overemphasised. Currently, blockchain technology is making massive waves all around the world. Being left out of the benefits this technology has for the world of finance will be very regrettable.

Do you want to have a stress free transaction? Are you an advocate for transparency? Do you wish to secure your transactions and investments? Bilibit is your answer. As the first project of its kind in Philippines Bilibit can only be embraced with open arms. Bilibit’s wonderful team are ever ready to work around the clock to ensure that this project chalks the enviable success set to be achieved.

The Future of Bilibit

Bilibit knows that the customers of the 21st-century financial transactions are dissatisfied with the mediocre services they receive. As a result, Bilibit will relentlessly have hard work as its hallmark. For speed, reliability, security and ease of access, you cannot think of anything other than Bilibit. This project has already been launched and it is in full flight mode. There is no relaxation in the books of Bilibit. All investors can expect nothing but immense success from investing in this project.

Kindly join the success train of Bilibit at http://tokens.bilibit.io

What is Bilibit's mission?

In summary, Bilibit is the community’s advocate. It is the mission of Bilibit project to ensure convenience in terms of payment and transaction through the use of blockchain technology to ensure secure and safe transactions. This will be the first step towards the acceptance of digital markets in the Philippines. Inasmuch as Bilibit vouches for decentralization and privacy of transactions, the team and its supporters frown upon money laundering, terror funding and corruption. Bilibit will wipe out every shred of filth in a decentralised community.

Vision

It is Bilibit’s vision to ensure that blockchain technology replaces overpriced transactions in a decentralised environment while championing Filipinos to learn blockchain technology and benefit massively from it.

The quick penetration of blockchain technology recently has necessitated the need to embrace this ever-helpful technological breakthrough as soon as possible. To be left out of the benefit of blockchain means to be left out of 21^st century. Through Bilibit, you can become a blockchain champion today. Join Bilibit at http://tokens.bilibit.io