Bytom is a blockchain protocol for financial and digital asset applications. Using the Bytom protocol, individuals and enterprises alike can register and exchange not just digital assets (i.e. Bitcoin) but traditional assets as well (i.e. securities, bonds, or even intelligence data). Bytom’s mission is “to bridge the atomic [physical] world and the byte [digital] world, to build a decentralized network where various byte assets and atomic assets could be registered and exchanged.” Bytom is an interactive protocol of multiple byte assets, to give it the proper title. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and other information that exist in the physical world) can be registered, exchanged, gambled and engaged in other more complicated and contract-based interoperations via Bytom. While Ethereum’s SEC scrutinization as a possible security took the entire crypto market on a downturn in early 2018, Bytom voluntarily submitted to the SEC’s Howey Test and Bytom cryptocurrency was deemed not a security under its DAO watch. This one has potential to make an impact on the cryptocurrency market with low transaction fees, high tech Bytom blockchain technology and an interactive protocol of multiple byte assets that could mark it apart. A Bytom wallet is also on offer and can store plenty more than Bytom coins.
As energy consumption is expected to double until 2030, the world is looking for new distributed energy development models to directly connect end users to producers, to allow consumers direct access to accountable, cheaper energy and to provide producers with increased ROI; enabling a faster renewable energy deployment around the world. Our solution is a new ecosystem - Restart Energy Democracy - one that exists inside the current legislation in deregulated energy markets and that provides incentives for consumers, producers. and local micro entrepreneurs, or even other private suppliers to participate. It's a system built on blockchain technology, that virtually connects energy consumers to energy producers (prosumers) with smart contracts, so that they may trade directly under our supply license or under a different private suppliers license. Allowing consumers to virtually buy energy directly from producers reduces transaction risk and payment collection costs for the suppliers, creates higher revenues and a finance solution for producers, and reduces the cost of energy for consumers, while at the same time offering entrepreneurs the possibility to start their own power retail business with our franchise. As we already have 30,000 customers, we will have first mover advantage compared to all the other energy ICO's.