About Byzbit
Byzbit is a tokenised papermill factory running on the blockchain. We’re providing an environmental-friendly way in producing papers without the need of cutting down trees, and the ecosystem is running through blockchain technology by turning the traditional into sophisticated smart digital manufacturing in producing high quality output of the papers to be distributed to manufacturers and suppliers in jumbo rolls.
Our papermill factory is based in Ethiopia, and it’s still under construction and the operation would be ready sometime in late 2020. The purpose of our utility token is to create a digital marketplace for papermill manufacturing to connect investors, merchants and service providers with our upcoming Byzbit app, so they can buy something there and pay with Byzbit token.