Sulaswolupapat: BYZBIT

BYZBIT

About

BYZBIT is a tokenized Paper Mill Factory exploiting agriculatural waste and other materials in producing paper and blockchain technology in creating a valued added business economy thereby increasing production capacity, efficiency and reducing wastage and environmental pollution.

It utilized the Ethereum ERC-20 standard in its design enabling the economic exchange of value amongst the participant of the BYZBIT economy thereby bridging the economic communication flow between physical and digital environments thus ensuring easier and faster transfer of value.

BYZBIT (BYT) will focus on paper mill manufacturing industries which make use of agricultural waste material that serves as its main raw materials to produce tons of paper every day. By these, we can reduce cutting of trees as we all know that trees is the main raw material for paper manufacturing. This project will also help to protect our environment, burning or agricultural waste that turns into ashes will reduce, trees will be preserved, and the project will also use green energy such as energy produced by wind, water and sun.

BYZBIT (BYT) blockchain will convert traditional manufacturing factory setup to a sophisticated Smart Digital Manufacturing to produce high quality output of the target product from the rice production up to paper production using the waste agricultural product. Integrated with Smart Energy that the company will adopt, production of paper will be more efficient in many ways and will avoid interruption of operation because smart energy would be provided as a smart solution for power required by the operation.

Why BYZBIT?

The need to productively utilized agricultural waste thus reducing environmental harm as well as meeting the increasing demand on paper while exploiting the blockchain technology to improve economic exchange.

The Paper Mill Factory utilizes innovative solutions in achieving its objectives of paper production. This it aims to achieve via usage agricultural wastes such as rice straws, teff straws, bagasse etc and other material inputs in producing papers in jumbo rolls after which it will be distributed to manufacturing firms who focus on smaller size papers. These materials will be sourced from the country of origin Ethiopia while power will be generated for production using Smart Renewable Energy thus promoting a green enviromnent.

The BYZBIT token will be utilized by all for the exchange of values amongst participants of the paper mill economy.

The Papermill Factory

ANDROID & IOS WALLET

BYT Compatible Wallets: BYT is an erc-20 token and it can be held in any ERC-20 compartible wallets such as Imtoken, Myetherwallet, Coinomi etc. However, for easy of usage, wallets with Mobile Apps are preferable.

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Token

Symbol: BYT

Initial Value: 0.3 USD = 1 BYT

Total Supply: 100,000,000 BYT

Type: ERC20

Smart Contarct: 0xb089db4cebbf0618b295d9defc7feb00f56da033

Token Distribution