BYZBIT

About
BYZBIT is a tokenized paper mill that exploits agriculatural waste and other materials in producing paper and blockchain technology in creating a value-added business economy that increases production capacity, efficiency and reduces waste and environmental pollution.
It uses the Ethereum ERC-20 standard in its design to enable the exchange of economic values among BYZBIT economic participants thereby bridging the flow of economic communication between the physical and digital environment thereby ensuring easier and faster transfer of values.
BYZBIT (BYT) will focus on the paper mill industry that uses agricultural waste materials that function as the main raw material to produce tons of paper every day. With this, we can reduce tree cutting because we all know that trees are the main raw material for paper making. This project will also help protect our environment, burn or reduce agricultural waste that turns into ash, trees will be conserved, and this project will also use green energy such as energy produced by wind, water, and the sun.
The BYZBIT Blockchain (BYT) will change the settings of traditional manufacturing plants into sophisticated Smart Digital Manufacturing to produce high-quality output from target products from rice production to paper production using agricultural waste products. Integrated with Smart Energy which the company will adopt, paper production will be more efficient in many ways and will avoid operational disruptions because smart energy will be provided as a smart solution for the power needed by operations.
Why BYZBIT?
The need to utilize agricultural waste productively thereby reducing environmental damage and meeting increasing demand on paper while exploiting blockchain technology to increase economic exchange.
The Paper Mill uses innovative solutions in achieving its objectives in paper production. This aims to achieve through the use of agricultural waste such as rice straws, teff straws, bagasse etc. and other input materials in producing paper in jumbo rolls after that will be distributed to manufacturing companies that focus on smaller size paper. These materials will be sourced from the country of origin of Ethiopia while power will be generated for production using Smart Renewable Energy thereby promoting a green environment.
BYZBIT tokens will be used by everyone to exchange values among the paper mill economic participants.

Papermill factory
The Paper Mill uses innovative solutions in achieving its objectives in paper production. This aims to achieve through the use of agricultural waste such as rice straws, teff straws, bagasse etc. and other input materials in producing paper in jumbo rolls after that will be distributed to manufacturing companies that focus on smaller size paper. These materials will be sourced from the country of origin of Ethiopia while power will be generated for production using Smart Renewable Energy thereby promoting a green environment. BYZBIT tokens will be used by everyone to exchange values among the paper mill economic participants.
ANDROID & IOS WALLET
Wallet that is compatible with BYT: BYT is a erc-20 token and can be stored in any ERC-20 compatible wallet such as Imtoken, Myetherwallet, Coinomi etc. However, for easy use, a wallet with a Cellular Application is preferred.
Direct byzbit level
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Token
Symbol: BYT
Initial value: 0.3 USD = 1 BYT
Total Supply: 100,000,000 BYT
Type: ERC20
Smart Contarct: 0xb089db4cebbf0618b295d9defc7feb00f56da033
Token Distribution

Roadmap
- April 2019: BYZBIT platform idea
- July 2019: Technical & Strategy Development
- October 2019: IEO & Personal Sales
- January 2020: Byzbit Application Development
- April 2020: Paper Mill Construction
- July 2020: Soft Opening Paper Mill (Cutting)
- October 2020: Service Expansion
Team
- Sean Ginoy: President
- Angelito Argete: Executive Vice President
- Jerry Lucas: VP for Operations
- Mr. Umoh Fairy: VP for Finance
- Jeff Caceres: VP for Sales & Marketing
- Peter Cris Domingo Nabida: Vice President for Public Relations
- Jennybelle Bacelonia: Executive Secretary
- Mr. Alfred Alexander: Director of Finance
- Duncan: Creative Director
- Nishul Nishant: Marketing and business development, Investor Engagement.
- Mark Anthony Umadhay: Graphic Artist
- Yashir Inedal: Bounty Manager
Advisory
- Efosa Ighodaro
- Emmanuel Adams
- Sonny Verueco
- Evan Anthony Condoriano Ezquer
For more information:
Website: https://www.byzbit.net/
Whitepaper: https://www.byzbit.net/index.php#whitepaper
Telegram Channel: https://t.me/byzbitchannel
Telegram Group: https://t.me/byzbit
Facebook: https://www.facebook.com/Byzbit/
Twitter: https://twitter.com/byzbit?s=07
Author
Bitcointalk username: Injhagi
Bitcointalk profile:
Eth address: 0xEdd3a3750A7B0905D69c77df210dCb23a38a526A
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