The BFC project is an open crypto payment platform that is competitive to the existing centralized payment system.
BANABA combines blockchain technology and network to solve problems that were difficult to apply cryptocurrency into real life.
Above all, the BFC platform is the world first open payment network that supports real-time payments for asset management and cryptocurrency with the following goals:
· An open payment network that can revolutionize existing payment systems by coexistence & cooperation rather than competition.
· A network that can be dynamically extended to guarantee the quality of service (QoS)
. The payment system that anyone can use, including government, bank, enterprise, distributor, etc.
· Payment Gateway of crypto assets and real-world economy
· Well-formed mobile infrastructure
BFC project group team regards “currency” as a medium of value exchange that should be used for the ‘actual’ value exchange.
As cryptocurrency market expands, there is growing anticipation that cryptocurrency can function as a ‘currency’ in the upcoming day.
The BFC project will lead to changes in the cryptocurrency and the real world to present a new paradigm of cryptocurrency. The team is going to build a new cryptocurrency ecosystem that has never been seen before.
The value of cryptocurrency will be recognized internationally, BANABA intends to form a complete BFC project ecosystem that will be used and developed by people from all around the world.
In a word, we will create a real-world infrastructure that enables transactions to be made through cryptocurrency. The BF Coin will be the medium of all transactions in the BFC ecosystem. At last, the BFC will build a process that goes beyond Bitcoin and Ethereum, where both legal currency and cryptocurrency can be exchanged.