Bytom (BTM) is an interactive protocol for managing several (atomic and heterogenous) types of assets.
The Bytom project is a global open source asset registration platform. The main goal is to facilitate the identification and creation of several types of assets, as well as to simplify their management.
- Atomic assets are bonds, securities, dividends and other real-world assets that are registered on the blockchain.
- Heterogenous byte assets are blockchain assets, such as tokens and cryptocurrencies.
Bytom consists of three levels:
- Transaction and data transfer rate,
- Contract level,
- Level of interaction with assets.
The Bytom blockchain uses a consistent PoW algorithm, that ensures safe and decentralized asset storage and management. Bytom Vapor sidechain uses various technologies to implement solutions. The platform infrastructure includes a public blockchain and sidechain, that allows you to connect the entire lower level of the blockchain through the Federation interactive protocol.
Bytom supports more complex forms of interaction, such as:
- Triggering tool: an asset generates a Y / N Boolean deterministic or a numerical result at the end of a vote to activate ecosystem members to share a dataset.
- Forecasting tool: it creates a bilateral or multilateral prediction of bets, for example, flight delay or candidate winning. Such forecasts can be used for hedging in the financial sectors and insurance in the real world.
