Intrinsic Values of BigTangle!
Worldwide, there are $180 trillions worth of payments made every year, with a combined cost of more than $1.7 trillions a year for processing alone. BigTangle is the only token for enterprises and banks with the ability to facilitate the transfer of values on a global scale. By combining scalability, zero fees and decentralization, it becomes possible to immensely reduce many of the following infrastructure costs:
Payment
By providing scalable infrastructure, BigTangle allows the global transaction volume to be processed in one network. Most importantly, this offers infrastructural cost advantages by eliminating complex, costly processes of traditional paymenetnt processing.
Fiat Money
For banks and central banks, the token issuance protocol can be used to issue bank-backed tokens denoting conventional fiat money. Fiat money transactions can then feasibly be processed within seconds on a worldwide scale.
Markets
Markets for stocks, bonds etc. can easily be realized by creating new token equivalents. Companies can publish stocks and use the BigTangle network. The existing stock markets can be fully integrated by using BigTangle as a financial back-end.
Supply Chain
Under the assumption of trustworthy suppliers issuing authenticity tokens, it is trivial to track product authenticity via token transfers. This allows the trustless tracking of inventories in supply chains for consumers and middlemen alike.
Decentralized E-commerce Platforms
All products and services can be tracked on the network, enabling anyone to build decentralized e-commerce platforms.
