Bit-Z Token BZ to Siacoin SC Exchange

Crypto Pair Details: BZ to SC

Bit-Z Token BZ

BZ is the ecological token issued by Bit-Z Exchange, abbreviated as BZ. It does not publicly raise funds from investors.The initial stage of BZ is based on the Ethereum ERC20 agreement. In the future, the BZ main net will establish more ecological models to boost the development of the platform. Based on the global eco-development plan of the Bit-Z Group, BZ will have good asset value preservation, expected value-added space, and stable market liquidity. The value space of BZ can be imagined. BZ is bringing a series of ecological core welfare benefits to the Bit-Z Group. 50% of the total, used for global partners to share a new model of dividends. Bit-Z defines one million users as its partners, and is committed to building the world's largest trading platform, and always works with users to promote the new development of global blockchain ecological construction. There is no private equity quota to protect the ecological development of the Bit-Z Group. Bit-Z puts perspective on industry health and platform self-discipline. BZ minimizes the participation threshold for global partners and creates a new economy for welfare sharing. BZ employs third-party data disclosure agencies to share data to global partners in real-time. BZ is committed to creating a fully transparent circulation mechanism.

Siacoin SC

Sia is a decentralized cloud storage platform similar in concept to Dropbox and other centralized storage provider where instead of renting storage space from a centralized entity, clients rent storage space from other peers. The only difference is Sia uses blockchain to facilitate transactions Nodes provide storage to clients using the Sia blockchain as contracts. Before storing the data, the data is encrypted into many pieces and uploaded to different hosts. Siacoin is created by David Vorick and Luke Champine of Nebulous Inc. As the traditional storage platforms are higher in cost, more expensive and data is not well protected. Siacoin promises to offer secured storage transactions with smart contracts which is more affordable and reliable. Moreover, it is completely open source which means many individuals have contributed to Siacoin’s software hence there will be an active community building innovative applications on top if the Sia API. In 2018, Siacoin aims to introduce file sharing and be the go-to cloud storage platform for companies. Their goal is divided into 3 time frames which are short-term, medium-term and long-term development. Short-term development focuses on file sharing between Sia users. This allows Sia users to share files in the platform without having to take it off the cloud while increasing network utilization. Medium-term development’s goal is to enhance partnerships. This means reaching out to large companies like Netflix and Dropbox to hopefully be able to be their storage and distribution framework. Lastly, long-term development aims to expand its horizon to share files with non-Sia users and support mobile wallets.

SOURCE: COINGECKO

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