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IPFS News Link • Cyberspace and the New Economy

PR: Bitcoen.io - First «Kosher» (Jewish) Crypto-Token and Blockchain Ecosystem

• https://news.bitcoin.com

British company BitCoen is opening up an international blockchain market. The company declared about its strategic goal – to help interaction between representatives of the Jewish communities around the world. The BitCoen ecosystem is a system of services, qualitatively improving the life of the Jewish community.

Jewish communities from different counties demonstrated their interest to the project at the pre-sale period. Yet before the start of Token sale the audience of the project was more than 25,000 people from 124 countries. Project's geography covers the whole world: states of North and South America, Europe, Asia, Africa and Australia. According to the company's representatives, most requests for the purchase of BitCoen tokens came from Germany, England, Spain, France, Italy and, of course, Israel. As previously reported, Vyacheslav Semenchuk, founder and CEO of BitCoen, invested $ 500,000 of his personal funds in the development of the project. Project's pre-sale was held to strengthen on the market and to confirm the interest of the audience. More than $150 000 were raised during the pre-sale without a single shekel spent on marketing.

Team
The blockchain project BitCoen was created by a young and ambitious businessman – Vyacheslav Semenchuk. Under the age of 30 he has already created and sold more than 10 start-ups, including in the fintech industry. Lifepay, with turnover amounted to 2,5 billions, was the largest project created by the entrepreneur, it was sold to a bank subsequently. For this project's creation Vyacheslav Semenchuk managed to get the title of "Entrepreneur of the Year" according to YE. Yet before the emergence of a mass interest in the technology of blockchain Vyacheslav Semenchuk was engaged in its implementation in bank sphere.

"The blockchain project BitCoen was originally conceived as a system of services, qualitatively improving the life of the Jewish community," explains Vyacheslav Semenchuk. "This is a fairly closed community, existing Worldwide. This community has needs in internal mutual settlements, to help their own businesses, oriented only for Jews; and has a big culture of charity. And all theese needs must be accomplished in the most transparent and profitable way. The ideal target audience for a blockchain project! So we came up with the BitCoen ecosystem idea, which integrated the useful mechanics from the world of the blockchain.

The team members work all over the world. "The development of Internet technologies allowed us to create an international team," says Vyacheslav Semenchuk. "The BitCoen team includes the most experienced blockchain programmers, crypto marketers and other experts in crypto-economics, who got interested in creating an ambitious, high-quality and interesting project."

What does it have inside
The blockchain project BitCoen consists of several parts, each of these parts logically complements the ecosystem.
BitCoen Token (BEN), which can act as a payment method between community representatives.

BitCoen loyalty program. Program users get BEN's after purchases/services from the program partners and accrue BEN's instead of abstract loyalty program points. BEN's are accumulated and their duration isn't limited. Unlike existing loyalty programs, that can have various restrictions for users, and often have unlimited opportunities for scammers, BitCoen Loyalty is completely transparent. No small fonts and asterisks in the program description. BEN's do not burn after time, and can't be canceled by anyone.

BitCoen Pay – payment system for online and offline purchases for private persons and businesses in points that accept payment by BENs. We have experience in creating payment systems (Life.Pay, PayQR) and we know how to make them even better so that the BitCoen project participants can use the most convenient payment services.

BitCoen Platform is a marketplace for Jewish businesses. A businessman can expand the number of customers, including at the expense of consumers from other countries.

BitCoen ADV – an advertising platform for the popularization of Jewish businesses, we already collected a huge target audience and we can do almost any targeting.

BitCoen blockchain technology
BitCoen is based on the source code of the izzz.io platform and uses a consensus that is based on Limited Confidence Confirmation Proof-of-Activity (LCPoA) and a trusted node system (Thrusted Nodes) to speed up the network. It is also planned to create a BitCoen compatibility layer with the ERC20 standard, for easy integration with exchanges. The choice of the izzz.io blockchain-platform is justified by the characteristics of this system, which exceeds the analogs for a number of parameters.

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