Our Coin: CentralBitcoin
E-Commerce
E-Commerce
E-Commerce
With the objective that our currency and system, our crypto-blockchain-wallet financial technology, eliminate the short-comings of Bitcoin in order to be effective as a monetary instrument for e-commerce across the globe, the following key elements are addressed:
a) minimal to zero transaction fees.
b) simplicity of use.
c) user-friendly interfaces.
d) ubiquitous accessibility.
e) instantaneous transaction settlement.
Our Mainnet and Testnet are currently running in private mode.
CBTC
E-Commerce
E-Commerce
CentralBitcoin is a wage-coin, a stable-coin backed by proof of human work (U.S. wage levels), proof of computational work and proof of assets. Basically, if one would have been paid $100 USD for some work done, we would offer and pay $100 CBTC for the same. Thus, the exchange rate is fixed at $1 USD to $1 CBTC with the unit of work (although arbitrary) as our base standard. Therefore, the intrinsic value of our currency is derived from work and not scarcity. Coins mainly enter circulation as payment for performing human work. But they can also be mined as rewards for supporting the network of computer-nodes. The number of coins mined is miniscule compared to the number minted and thus a neglible amount when seen as a whole. Eliminating wild price fluctuations relative to the U.S. dollar is a primary objective.
Wallet
E-Commerce
Wallet
Our wallet system will safely and securely handle all transactions on-or-off blockchain or distributed ledger. In effect, we will provide secure banking-methods on and with CentralBitcoins. Regulatory issues like AML/KYC which has more recently been encapsulated in the "travel rule" are built into our system. Thus, we are compliant. Two-factor authentication is also a built-in security measure.
CRYPTO-CBDC-FINTECH SANDBOX
Crypto Sandbox
Central Bank Digital Currency Sandbox
Central Bank Digital Currency Sandbox
Focused on crypto-currencies, crypto-assets and decentralized finance.
Central Bank Digital Currency Sandbox
Central Bank Digital Currency Sandbox
Central Bank Digital Currency Sandbox
Focused on fiat-based central-bank-digital-currencies, an emerging digital-only sovereign coin, with possibly programmable and time-based features.
FinTech Sandbox
Central Bank Digital Currency Sandbox
FinTech Sandbox
Focused on global banking, finance and bridging the present, past and future.
About Us
Introduction
CentralBitcoins', primary objective is to create the foundation for the future of money, banking and finance by creating a global crypto-based economy using CentralBitcoin, the company's own crypto-currency and by introducing innovations that will enhance and rectify the short-comings of Bitcoin, the underpinning crypto technology.
While inexpensive, ubiquitous, digital-only payments was the company's aim from inception and the founder's principal idea for developing an internet banking platform in 1996, the global pandemic, COVID-19, has made this vision, of purely digital money, a globally-accepted vision and a critical near-term necessity for the survival of the current global financial system and for an efficiently functioning global economy.
Digital currencies are the present future of money and CentralBitcoins Inc. was ahead of the game and thus proverbially, is on the money.
September 2020: Crypto-Sandbox Bootup
Over the next few months, CentralBitcoins Inc. will begin booting-up its sandbox in St. Lucia and begin the rollout of its coin and wallet which will be used to compensate, as wages, all employees engaged in this momentous enterprise.
October 2020: CBDC-Sandbox Bootup
The creation of the CBDC sandbox will be accelerated because of new opportunities and a growing interest in central-bank-digital-currencies by central banks across the globe. Providing an integrated global CBDC platform is our goal and a key element to inexpensive, frictionless global monetary transactions with instantaneous settlement.
November 2020: FinTech-Sandbox Bootup
The formation of a new global internet bank will be launched as it will play an important role in bridging present, past and current innovations in financial systems via a layer-2 connective system.
December 2020: Count Down
The challenges at this point will be staffing up the company, explaining this new financial industry paradigm to new participants and building these new financial systems in a possibly COVID-19 battered world. Nevertheless, the world is online and build we must. This new reality is also a unique opportunity because there are no other options, except an online, digital world, as the prognosis is, COVID-19 will be negatively impacting human life across the planet for the next two years. Without a cure or vaccine, the admonishment, stay safe, be online, be digital couldn't be wiser.
January 2021: Blast-Off
Into the seemingly vast void, hazy and unknown future the company heads, building, hiring, testing, transacting while creating new institutions for the future of money, banking and finance. Purely digital is really at our fingertips.
The Future: Happy Times
Rebooting global finance and our lives.
FOUNDER
R. Benson Evans
Founder, CEO, CTO, Engineer, Entrepreneur.
Our founder is an experienced Wall Street software engineer who has been on this quest, of digital-only payments, since 1996 when he developed the first version of the internet banking platform at the heart of our system.
Now the effort moves towards building out the teams needed to grow this company into a leading-edge crypto-CBDC-financial company.