TokenBacon: Allow Every Business to Build Their Blockchain

hasantpq01349 (18)in #tokenbacon • 6 years ago (edited)

Business Idea

Many companies express a desire in building Blockchain technology, the blockchain is not just a beneficial technology for development, but it also helps to cut down costs significantly. However, when it comes to applying the project, many issues arise. This has slowed down the adoption of the blockchain technology by the masses. Some of the issues limiting adoption of the blockchain are:

Long transaction times and the high mining fees
Higher standards
Lack of scalability and compatibility
Difficulty in imposing KYC requirements

TokenBacon proposes a feasible solution to solve this problem by offering the World’s first cross-chain blockchain cloud service that connects together both private and public blockchains. This will give social community professionals, enterprises and startups a free method to create their own blockchain ecosystems and issue their own cryptocurrency.

About TokenBacon

TokenBacon is a blockchain with the implementation on cloud services. An ecosystem that can easily develop by entrepreneurs and tokenized their assets to build their market exchange. TokenBacon implements an ecosystem consisting of 3 main products – Public Sidechain, Bacon Chain and an API Cloud. Together they form a unique product – a public blockchain with connected cloud services, allowing businesses to develop and tokenize their digital assets with never-before-seen ease.

Public Sidechain

The innovation of the Public Sidechain is to share a single sidechain among multiple blockchains and cross operations with all public and private blockchains.

Bacon Chain

Bacon Chain is a permissioned ledger chain based on the private assets blockchain. The Bacon chain is the world's first blockchains with the implementation of cloud services. Bacon Chain is established on the sidechain of public chain with the support of Application Programming Interface (API). Its compatibility and scalability allow entrepreneur to build their blockchain environment at a lower cost easily.

The purpose of Bacon Chain is to fully utilize blockchain and gradually form an ecosystem. It allows entrepreneur to endlessly build and become a stronger networking system that changes the current situation in the asset market exchange by creating a brand new asset in the market exchange globally.

API Cloud

API Cloud allows companies to create and integrate token services into applications. The enterprise's applications can be connected to chains by APIs of TokenBacon SDK.

The benefits of TokenBacon APIs are huge. Companies get the ideal flexibility directly through Bacon chain and don't need to invest a lot of resources to create their own Blockchain protocols.

TokenBacon offers unique advantages over the competition – ultimate compliance with the regulators, unique market-leading technology, and operation on a large, untapped market. The project is being developed by an experienced team of business professionals and crypto-enthusiasts.

TokenBacon's BAK Token

The team is issuing an ERC20 Baicon Coin (BAK). It will be needed to use the Bacon Chain ecosystem. The system will charge on a fixed portion of Bacon Coin when using service of bacon chain cloud.

You can get Bacon Coin during its token sale. 5,000 Bacon Coin (BAK) are priced at 1 ETH. The price ratio varies by the Ether official website and the dates. When purchasing Bacon Coin by Bitcoin, the system will charge according to the ratio of Ether coin.

Token Detail

Token Name: Bacon Coin
Token Ticker: BAK
Platform: ETH
Standard: ERC 20
Total Supply: 2,200,000,000 BAK
Price: 1 ETH = 5,000BAK
Soft Cap: 45,000,000 BAK
Hard Cap: 880,000,000 BAK
Accepted: BTC, ETH