Time to create a global digital ecosystem

Bitbon System is an integral blockchain-based decentralized information system, which allows its Users to fully own their assets, i.e. to record their property right to assets in the form of their unique digital copies by completing the Asset Digitization Procedure for the accounting and management purposes as well as for safe and equivalent exchange of these assets between the Bitbon System Users without intermediaries and money. The key component of the Bitbon System is Bitbon.

The Bitbon System is based on an innovative method of using values in the form of information resources through the Asset Digitization Procedure and the Right to the right principle.

Legal nature of the Bitbon System is based on three underlying principles:

Legal regulation of digital assets of the Bitbon System

Legal regulation of digital assets of the Bitbon System is ensured by documents governing the functioning of the Bitbon System.

The legal regulation model laid down in the Bitbon System fully complies with the existing international legal regulations and does not require any new legislative initiatives.

The Bitbon System as an information system for accounting of digital assets and building mutually beneficial legal and economic relations

Being an access token, the Bitbon digital asset provides the Bitbon System Users with the right to access all the capabilities and resources of the Bitbon System information platform.

As a key component of the Bitbon System, the Bitbon digital asset has a property of an exchange value of all digital assets in the Bitbon System, which ensures mutually beneficial economic and legal relations between the Bitbon System Users.

Right to the right principle, which is based on operating the right to the information resource that is derivative of the right to a value, while the value itself remains in possession of its owner

The Asset Digitization Procedure is know-how of Simcord, which allows the Bitbon System Users to perform secure and fair exchange of digital assets backed by the right to a value.

A unique feature of digital assets of the Bitbon System lies in the nature of their backing, which is formed through the Asset Digitization Procedure and the Right to the right principle laid down in the Bitbon System.

Areas of Application of the Bitbon System

The Bitbon System is intended to be used in finance and economy, law and insurance, business, trade and logistics, social, cultural and other areas. The Bitbon System allows managing rights to assets, evaluating and transferring property rights to different kinds of assets including movable and immovable property, machinery and production equipment, bank deposits, copyright, financial instruments, securities, know-how, trademarks, shares in statutory funds and other companies, shares in various projects with legal entities and natural persons, etc.

In general, the Bitbon System covers all areas of human and state activities on a transnational scale.