Bihu consists of two main components: an identity system and a community for crypto investors. Bihu ID(bihu.com)is a self-sovereign ID system based on blockchain technology and decentralized storage. It aims to be the gate keeper for Web3.0, in order to protect users’ wealth, data and privacy. Bihu ID strives to be the 'KEY to Digital Liberty'. Bihu Community is an platform for crypto investors to share and obtain token-investment-related information. It will the first use case for Bihu ID. KEY is the utility token for both Bihu ID and Bihu Community. It is an ERC20 token on the Ethereum blockchain. KEY is used to incentivize content generation within the Bihu Community, as well as the primary method for good content discovery. KEY also is the value exchange method within the Bihu Community, such as tipping between users. Since a single Bihu ID lives on multiple blockchains, it is desired that users will be able to pay KEY for generic network fees (AKA gas). KEY also acts as the generic payment method in the Bihu ID system, for instance, to recover lost IDs.
ERC20 is payment method for Belance platform, future project and application and more. Real token utility. Belance is a large unique blockchain platform which combines many opportunities and connects everyone in the blockchain world. Real token utility. The ERC20 Token is a growing currency which will be adopted as a payment gateway. Whether you’re building your new project or searching for something unique, Belance is the first platform where there are unlimited opportunities to connect and discuss with others regarding the cryptocurrency and blockchain industry. Also connect with professionals to help your own project by hiring a specialist to complete a specific task within your project. Promote and advertise your own skills and specialities to clients. Ask questions on any topic related to the blockchain or become a blockchain blogger. Belance is a one stop place for everything for everyone who is interested in or connected to the blockchain world.