Jan 17, 2020
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
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.
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.
April 2019 - Byzbit Platform Idea
July 2019 - Technical and Strategy Development
October 2019 - IEO and Private Sale
January 2020 - Development of Byzbit Apps
April 2020 - Construction of Paper mill factory
July 2020 - Soft opening (Paper mill)
October 2020 - Expansion of service
$6 412 167
$5 700 000
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