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Master Class from Simcord Company Prior to the Launch of Mining in the Bitbon System

Master Class from Simcord Company Prior to the Launch of Mining in the Bitbon System

There is not much time left before the launch of mining in the Bitbon System and expansion of Bitbon to the international exchanges. Taking into account the practical significance of these important events and activities aimed at promoting the priority product, Simcord Company organizes the Bitbon System master class for active Partners.

This master class will be held from June 7 to June 9, 2019 in Riga (Latvia). Alexander Kud, CEO of Simcord, will be the speaker.

The master class program consists of three parts:

1. Activities of Simcord Company: results and plans

  • Results of Simcord activities during the first half of the year.
  • Presentation of the main developments, a new One Space mobile app and the updated Bitbon Space website.
  • Presentation of the Company’s development plan for 2019 – 2020.
  • Discussion of the venue for the main annual Event — Simcord Innovation Technologies 2020.

2. Training in the main activity areas

  • What the digital asset is in the economic and legal aspects.
  • How to use a test to define a token as a digital asset.
  • Discussion of the scientific and legal opinion “Digital Assets as an Object of Legal Regulation”.
  • Review of the scientific and legal opinion “Legal Nature of the Bitbon System’s Functioning”. Detailed analysis and conclusions.

3. Mining in the Bitbon System

  • Consensus building principle using the Community PoS algorithm in the blockchain network of the Bitbon System.
  • Demonstration of the remuneration system of the existing pools involved in the affiliate program.
  • Training on how to use a web platform for testing mining. Transfer of unique passwords to access the platform to the participants of the group of beta testing of Consensus building mining.

The specialists of Simcord Company have developed a special web platform to provide access to its tools for 200 active Partners involved in the group of beta testing of Consensus building mining. These 200 people will obtain a unique opportunity to use the web platform during the whole period of testing, namely, to build their pools according to different configurations, calculate remuneration, check calculations of accruals, determine and forecast the amount of remuneration.

This opportunity will allow the Bitbon System Miners to use advantages and the knowledge received at the master class at the very beginning of the launch of Consensus building mining.