BIZpaye - A Real World Retail Marketplace For The Blockchain

N.B - BIZpaye mission is to deliver flexible and more convenient ways to transact across all borders, while providing complete transparency and low fees to a global audience within its own ecosystem.

PRESENTATION

Blockchain in retail refers to the technology that maintains and manages distributed database consisting of transactions among different parties, including suppliers, manufacturers, or customers involved or related to the business. The transaction is recorded in chronological order and provides transaction details to every connected user.

The growth of the global blockchain in retail market is driven by growth in demand for transparency related to product origin or processes and rise in need to reduce duplicative record keeping. Other factors that fuel the market growth include rapid digitalization and reduced total cost of ownership. However, factors such as lack of awareness related to blockchain technology and increase in counterfeit products restrict the growth of the market.

The report segments the blockchain in retail market on the basis of type, application, and geography. On the basis of type, the market is categorized into public, private, and others. Applications covered in the study include exchange, payment, documentation, others.

Cryptocurrency, which is sometimes referred to as digital currencies operate independently of any central authority or banks and it is permissionless to use, the transaction is open & available for people to see.

Because it is decentralized, government authorities such as the Judiciary, Authorities in-charge of taxation, and the central banks do not find it appealing because it cannot be taxed and they don't have power to influence the transactions of traders/participants.

N.B: Cryptocurrencies Transaction cannot be cancelled, cannot be reversed and neither can it be disputed, This is the reason why newbies are advised to have someone who is experienced and careful to guide them whenever they want to carry out a transaction.

Cryptocurrencies can be obtained by buying/purchasing from a digital/crypto-currency exchange platform, The exchanger allows the trader to exchange their Fiat( paper currency) to Alt coins of their choice. The top five (5) cryptocurrency Exchange can be find below:

Binance,
Bitmex,
Kucoin,
Changelly, and
Hobi Pro.

Cryptocurrency Trading platform have their own shortcomings such as: scalability, Cybersecurity issues, price volatility and lack of inherent value, Regulations, and abuse of trust which traders place on the crypto exchange all for the sake of profits, user-friendly interface, these shortcomings cause traders to panic.

As more technological innovations are uncovered, BIZpaye is committed to providing a safe, compliant and reputable service to customers. For this reason, BIZpaye insists on a comprehensive and thorough Know Your Customer (KYC) and anti-money laundering (AML) / combating the finance of terrorism (CFT) compliance implementation.

WHAT IS BIZpaye?

The BIZpaye CRYPTO Token currency will become part of the BIZpaye International Group of Companies, an established multi-transactional B2B & B2C Online and offline retail Marketplace whose active Merchants and customers trade millions of dollars every year.

Furthermore, BIZpaye CRYTPO is a Singapore group of International Group of Companies that is been develop for multi-value-based B2B and B2C Merchant Marketplace both for offline and online retail marketplace by building a friendly Franchised Operations which cut across twelve countries over the global which is target to meet the needs of everyone globally for online shopping of goods and services, the BIZpaye CRYTPO Member Merchants now full access to exchange a large number of dollars by means of the BIZpaye framework consistently without any obstacle . The BIZpaye CRYTPO have been operation for the past five years with notable impact on her countries of operation making lifes more convenient for everyone with it robust technology which is built on the state of the art facility.

THE AIM

The BIZpaye team aims to off er ways to liquidize idle and spare capacity for small and medium sized enterprises and help them generate more revenue and provide a leaner business model.

Transactional systems

For many years BIZpaye has been working closely with our technology partners, such as Global Exchange Trading Systems, Bartervana, Runasis and more to tailor existing platforms into workable systems that will allow BIZpaye Merchants to transact and trade to the unique ways in which BIZpaye has been design from the ground up. These transactional systems include Merchant front ends and rear end Customer Relationship Management platforms designed to stimulate and enhance potential trading and transactions of Merchants.

Technology

Working in conjunction with our technology partners such as Global Exchange Trading Systems, Bartervana, Runasis and more, the aim has always been to keep BIZpaye on the forefront of technology within the industry using traditional offl ine and online platforms and systems to help develop and grow transactions and trading alike. With the advent of BIZpaye moving towards the Blockchain, we see the opportunities to enhance both our Merchant experience and transactional systems as being almost endless, more secure and more transparent as a result of Blockchain technology adaptation.

Franchise systems

BIZpaye prides itself in the fact that leading into the offi cial launch of BIZpaye 5 years ago, more than 1 year prior to this, work began on the development of various resources and systems designed to support our Franchise Partners grow the BIZpaye network worldwide. From Franchise Manuals, the system process and documents, training packages and more we developed and continued to be developed and enhanced to help Franchisee’s enter new markets and grow existing markets.

Procedures

As Technology grows via the Blockchain, so will the new and enhanced sets of guidelines, procedures and training evolve offering both Merchants and BIZpaye staff access and understanding how this new Blockchain based technology will interact with the day to day BIZpaye environment.

BIZpaye CRYPTO and the BIZpaye “CRYPTO” Token will join the already established transactional business units of BIZpaye, including BIZpaye Corporate, BIZpaye Trade, BIZpaye Rewards, BIZpaye Licensee, BIZpaye Property and Radio BIZpaye.

BIZpaye’s main Merchant trading ecosystem known as BIZpaye Trade has been operating for many years now, similar to that of a credit card, but using a Barter Credit system. A Barter Credit is a localized non-fi at accounting unit of payment used to record the value of barter transactions.

Most Governments worldwide recognize Barter Credits as a form of payment for Tax. A Barter Credit is pegged against the local currency or origin in which it is transacted in and cannot be moved across borders or exchanged for other local barter credits.

THE BIZpaye ECOSYSTEM

The Features

Utmost transparency and simplicity of the platform that also allows merchants to give feedback after buying and selling of goods

Highly secure storage of user’s information and data which is done on the BIZpaye Barter Trade off blockchain

Ability of users to swap other tokens in their portfolio to the native token of the platform through BIZpaye token swap without any third party

Availability of BIZpaye credit card that is build with maximum security which allows you to use your crypto asset for performing multi-transactional B2B & B2C online and

Bonuses and rewards for members.

The Benefits of BIZpaye Token Swap

One of the great benefits of using BIZpaye crypto is that users of the Bizpaye marketplace will be able swap other tokens they possess on their portfolio which can be swap to the native token of the bizpaye crypto platform. Whether the Tokens value or not users to the platform can swap them easily without any security breach at their own comfort and this does not need help of a third party immediately after the swap has been made users will now be able to buy anything they intend to buy or sell on the BIZpaye Marketplace

Thanks to the team and the advisors who gave these directive to remove burden from crypto enthusiast in the crypto space. With BIZpaye CRYTPO to more worry on how to use your token again .