“Is crypto safe?” is probably the first question that comes to mind when people seriously start thinking about cryptocurrencies. And never mind the heights that a few cryptocurrencies are reaching these days, the question even today is a valid concern. With the high volatility in cryptocurrency prices, no proper regulatory oversight, and more than 400,000 crypto scams in 2020 alone, the answer is still “maybe.”

While even very tech-savvy people fall prey to online scams, there are ways to validate the identity of people you are interacting with and minimizing the chances of running into a fraudster. But even if…


The Bytus ecosystem is a one-of-a-kind financial ecosystem that allows users to directly exchange fiat currency into cryptocurrency and vice versa at no additional cost at near-instant speed. It consists of the following :

1. The Bytus Mobile Wallet

The wallet supports near-instant transactions between several fiat currencies like USD, GBP, etc., and cryptocurrencies like BTC, ETH, LTC, etc. While it acts as an exchange for different currencies, it also allows you to pay in several different currencies for a single transaction. One can either transfer money to the recipient’s addresses or scan a QR Code to execute the transfer. …


With the phenomenal success of decentralization in cryptocurrencies like Bitcoin, people are constantly looking to apply the underlying blockchain technology for different use cases. The world of finance, from the get-go, seems like a very intuitive and prominent place to start. Putting financial products on a blockchain makes them more accessible, scalable, transferable, and transparent while adding a layer of in-built security and getting rid of financial intermediaries, brokerages, etc. The application of decentralization techniques in the world of finance is called as DeFi or “Decentralized Finance “

Despite it still being in its very early stages, more than 80…


A financial system that will completely change the way banks and financial institutions work in the future — yes, that is possible thanks to Blockchain technology. Imagine financial services like loans, savings, and insurance being available to any user with a smartphone and Internet connectivity.

Also termed as DeFi, Decentralized Finance is the cryptocurrency-powered financial system that can function without the presence of any banks or financial intermediaries. It is purely operated using smart contracts. In other words, DeFi financial tools can provide the services of the current centralized finance -but in a completely transparent and decentralized mode.

How do DeFi tools differ from traditional financial instruments?

Since the…


The Bytus ecosystem is a unique digital crypto payment network used to make hundreds of thousands of secure transactions worldwide by over a million retailers. Not only does Bytus have the throughput capacity to do all of these transactions together at near-instant speeds, but it also manages to do this with zero commission, transaction fees, conversion fees, or any other hidden or additional fees. But how is such an incredible feat even possible?

Blockchain is a distributed, decentralized technology consisting of participants joining the network as nodes, having their unique cryptographic hash signatures, and writing transaction information on a long…


Global Digital Payment, a digital solutions provider is launching the Bytus ecosystem to help in crypto conversions and faster transactions through contactless payment modules.

Digital assets are gradually dominating the financial scene one currency after another. Financial systems in various jurisdictions in the world have had to adjust their infrastructure and amend some of their laws to accommodate these new-age currencies. With that said, crypto still faces major hurdles in its general acceptability as a currency of choice in business transactions the world over. One of the main obstacles to this is the lack of convertibility to fiat. …


The tokens have been in existence for a long even before the blockchain came into existence. Tokens have been representing all forms of economic value. Even paper currency and coins are tokens too. Digital tokens are becoming a rage now with the advent of cryptocurrency.

The speed with which the tokens are being deployed in the crypto world indicates that they are set to become the killer application of blockchain. …


The entry of Bytus into the world of crypto trading has ushered in a revolution. This robust payment platform has simplified the global digital payment with its ecosystem. A host of Bytus applications consisting of Bytus Token, Bytus Private Blockchain, Bytus Wallet, and Bytus Crypto Bank have galvanized the crypto users and redefined the way crypto trading is to be done in the future.

The ease of crypto payments facilitation and instant conversion of cryptocurrency into fiat and vice versa has already attracted more than 1,000.000 retailers from across the world to Bytus Private Blockchain thus strengthening the prospects of…


Bytus is a robust payment portal, which has taken the lead to revolutionize the crypto transactions and payments scene holistically. The Bytus Private Blockchain is playing a crucial role in furthering the prospects of crypto payments like never before. It has so far succeeded in attracting more than 1,000,000 retailers from across the world and is being widely used as an effective, innovative platform for doing transactions and payments efficiently and completely hassle-free.

As per the latest data (as of April 22, 2020), approximately 5,392 cryptocurrencies are being traded now with a total market capitalization of $201 billion. The top…


Ever since the advent of cryptocurrency in 2009, the major concern for crypto users has been the paramount need for a safe, secure and robust payment platform. With the advent of Bytus into the realm of cryptos, groundbreaking initiatives have been taken to redefine the future of crypto payments. The Bytus Private Blockchain has taken the lead to assure every crypto user as to how safe, secure and transparent their every transaction is through its robust payment platform.

The Bytus Private Blockchain is based on the super-efficient, highly trustworthy, and ultra-fast Graphene chain protocol, which has the potential to support…

bytus.io

Bytus is Revolutionizing the World of Crypto

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store