Website https://www.bixtrim.com/en/
Wp: https://www.bixtrim.com/en/whitepaper.html
Bixtrim’s new coin will have the feature of multi-factor authentication. The feature will be developed according to the standards/best practices used in banking sector, which has been tested through time.
This innovative approach will decrease the risk of theft almost to zero, because even in the worst case of any exchange platform being hacked, nobody will not be able to perform unauthorized transfers of Bixtrim coins. Bixtrim platform users will be able to choose between simplified and multifactor authentication methods.
For instance, millions of dollars worth of coins have been stolen from different companies, because they had only the private key security system. While operations with Bixtrim coins may be protected with multi-factor authentication and any potential risk of theft will be eliminated.
Issuing cryptocurrency supporting exclusive and innovative Escrow feature. The coin issued by Bixtrim will have the option where the third party, independent predetermined or randomly chosen principal, will ensure the transaction. While the transactions are made via Bitxrim coin, system itself will guarantee the protection of deal - principal will not be able to make any other transaction to coins – they should make obligatory transfer to seller or buyer after a period of time. This will be unprecedented service - a new word in crypto market.
For example, a customer buys a vehicle on a car auction abroad. Before they receive the car, they are not sure whether or not the car will be delivered or whether it will be in condition they saw in pictures. With Bixtrim Escrow feature, the principal will be responsible for checking the car before it arrives and decide whether it is in a satisfactory state.
Bixtrim’s plastic card, linked directly to coin will solve the issue. There is no need to make exchanges and transfers and accordingly cash is not used and declared as income.
If customer exchanges cryptocurrency and transfers money to his bank account in Germany, they definitely have to pay the income tax. With plastic card from Bixtrim the customer can get rid of additional taxes and make transactions/payments with card in coins, as they are linked to card and will not appear as income.
Existing cryptocurrencies are not tied to plastic cards. They have a restricted functionality and are mainly operated by professional segment – miners, traders, etc. Crypto market is limited within this realm and has a gap between mass retail market.