Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
Freefactomizer
on 01/11/2018, 10:08:43 UTC
ICOs for crypto-vaporwares are over and it's a good thing.
But with the simplicity that Byteball offers, there can be many real-world applications possible, especially for small businesses.
Let's say you are a bakery owner and you need to invest in new oven, you tokenize some future breads you are going to produce as assets, you sell them with a discount to your usual customers and you promise to release n breads a day against the assets.
This use case is possible right now with Byteball at zero cost and without specific knowledge. That deserves to be known.