Prior blogs took detailed looks at the Barteos Token (BTE), issues prevailing in the cryptosphere, and the tech specifications of Barteos. This blog serves as an overview and summary of the previous blogs in this series.
The vision that was put forth by Satoshi with regards to bitcoin was a noble one, a vision that remains unfulfilled. Bitcoin and crypto were expected to be ubiquitous, with citizens using the decentralized, blockchain-based currency to make everyday transactions. Crypto was supposed to be as simple as walking into an ATM, sourcing your crypto, and walking out into a world where crypto transactions are second nature.
The truth is that this reality is still very much a possibility. The fact is that cryptocurrencies and digital transactions still haven’t completely evolved.
Approximately 10 years later, cryptocurrency stays difficult to grasp, and ever so complicated for the layman to understand. The technical complexity and jargon involved in cryptocurrencies are factors that dissuade mass adoption. It is therefore very difficult for the public to obtain or trade it, much less obtain products and services with it.
The foundational principles of bitcoin and Ethereum are significantly impacted in the spheres of privacy, social responsibility, security, jurisdictional governance, and scalability. Transactional bottleneck issues have also been a significant recurring feature.
We, at Barteos, are keen on enabling the potential of crypto. The objective is to develop an affordable international cash system that’s private, accessible and enables quick transactions targeted at mass adoption, while being able to engage in the trade of goods/services without the financial charges that we are used to paying with PayPal, MasterCard, VISA, and other centralized businesses.
After existing bitcoin and Ethereum users have been united with the several existing business traders in the barter industry, and millions of users are trading together, we will have an ecosystem that is at the beginning of bringing commercial and industrial-grade blockchain usage to fulfil Satoshi’s philosophy for bitcoin.
An even more critical aspect is the unification of the digital currency industry is the mobilization of an international sales force that will get through to every business and their clients, in every nation, with the message of good news: “in a decentralized world, we can all be individually in control of our own money. The fear of financial infrastructure (such as banks) collapsing is an archaic remnant of the past.
Barteos symbolizes a new dawn.
Barteos is utilizing top-of-the-line blockchain technologies, and with the number of developers available at its disposal constantly increasing, it intends to add new mobile architecture and security technology. The Barteos architecture and the artificial intelligence behind it will feature protection against theft, whilst complying with governmental regulations to ensure long term viability.
Barteos is on a mission to provide solutions that serve the community in a much better way than present banking and payment gateway systems.
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