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Bitcoin Magazine
2018-10-30 14:57:20

Bytom Is Connecting Physical and Digital Assets - [BTC Media Sponsor]

Assets of all stripes have long been recognized for their value in building wealth, payingdebts and meeting both short- and long-term commitments. But now, with the exponentialgrowth of computing power and big data, the value of strictly digital assetshas all but eclipsed the traditional physical assets that were long thecornerstone of personal wealth.As such, there is a growing need for projectsthat can connect the worlds of traditional physical assets and cutting-edgedigital ones, thus providing the best of both worlds.A key player in this movement to move real-worldassets into the digital world is a project known as Bytom. With an eye on rapid advancements taking place in the world ofblockchain technology and artificial intelligence, this nearly 2-year-old projectaspires to become the collision point between the old and new school.Bytom is a blockchain protocolof multiple byte assets that serves as an engine for the exchange andinteraction of real-world assets. Its target market includes blockchainindustry insiders and enthusiasts, big data and AI industry stakeholders andinstitutions and individuals seeking to build financial and digital assetapplications. Launched in January 2017, Bytom was conceived byChang Jia, creator of 8btc, and Duan Xinxing, former vice president of OKCoin. The BytomFoundation is located in Singapore, a country ripe with favorable laws forblockchain development. This factor p...