Many projects are scaling Ethereum network, and most of them are focusing on increasing the network’s traffic-carrying capacity, what is actually very important. However, there’s one more issue: in order to communicate with Ethereum network they need to have Ether (ETH), which makes it more complicated for technology to enter the mass-market. Bitlle Network should solve this task, giving the users possibility to pay the transactions fees by any tokens (“economic abstraction”), at the same time maintaining the initial decentralization and security of Ethereum Mainnet.
Bitlle Network – is the network of specialiazed units (we call them “aggregators”), which process batch controlled users’ transactions– post them in Ethereum network, using their own Ether for gas payments. As a remuneration for this, the aggregators receive tokens, which they are ready to get. The more precious and stable the token is, the more aggregators are ready to process transactions with it, and on the other side – the less transaction fees are paid (due to high competition).
The client loaylty is one of the most perspective markets for tokenization. Just imagine that customers of different companies and brands will be able to exchange their bonuses in a couple of clicks being in any part of our planet! Bitlle Network is making it possible. There is no need of new (and insecure) blockchains for Bonuses. The most stable applicative blockchain Ethereum clustered with Bitlle Network is the ideal solution for any loyalty program.
CarPrice Loyalty is a pilot project of Bitlle Network and CarPrice (in the TOP50 of the most promising companies in Europe). This is the loyalty program for the company’s employees, applied in the form of mobile application and integrated with the internal systems. The project is built on Bitlle Network technologies: each bonus transaction is made in Ethereum network.
Among the further plans is the connection of Bitlle Network to CarPrice loaylty programs: both clients and dealers.
Bitlle Token (BTL) is the internal token of Bitlle Network, used for the necessary stake in aggregator's work. The bigger the stake is, the more transactions for proccessing they can get, and hence, to earn more. The number of transactions is limited, which means, the more transactions are in the тnetwork, the higher is the price of BTL.