Topic: [ANN] 🚀 SKYBIT - Myanmar's leading blockchain services platform 🚀 - page 4. (Read 3112 times)

To avoid any confusion. And administrators won't get confused watching user's different companies

It's coming. So you can try but just in test mode and without real transactions

Will the discount system work for regular customers on Skybit?

Hello. In this post we will tell you about Myanmar's economic potential.
 
The former capital of Burma, the city of Yangon, the country's main commercial, industrial and transport center, is considered as one of the trading ports of the 21st Century Sea Silk Road, part of the Chinese geo-economic project One Belt, One Road. It is of strategic importance, especially since the Strait of Malacca is located nearby, through which a quarter of the global maritime trade passes. In May 2017, the naval forces of China and Myanmar conducted joint naval maneuvers for the first time.
 
But Myanmar is not only a transit country for Chinese goods and a gateway to Southeast Asia for India. Over time, it can become a regional player in the energy sector. Proven gas reserves in this country are, according to OPEC, 450 billion cubic meters, but possible reserves, including in the offshore zone, exceed 1.6 trillion cubic meters. Thus, Myanmar can stand on a par with Kuwait, Libya, and Oman in terms of gas production potential. Now 80% of the country's gas is exported to Thailand and China. A gas pipeline with a capacity of 12 billion cubic meters per year passes through Myanmar, for the construction of which the Chinese state-owned oil company CNPC spent $ 2.5 billion. At the same time, CNPC is building a branch of the pipeline for $ 2.5 billion as well. The export of oil and gas through pipelines from Myanmar to China is called upon to become part of the PRC energy security program, about which Chinese officials have repeatedly stated.
 
Thus, Myanmar, located near the borders of the PRC, is becoming a real competitor to the Arab monarchies and the Persian Gulf countries, which supply liquefied natural gas and oil to China. And the largest oil and gas fields are located exactly where clashes between the representatives of the Muslim people of Rohingya and the government forces of Myanmar take place - this is the territory of Rakhine State and its shelf zone in the Bay of Bengal.
 
SKYBIT applies blockchain technology to provide a modern financial bridge between Myanmar and the rest of the world. A long-standing problem in Myanmar is that it has been difficult for money to go in or out via the traditional international banking system. Such difficulty has isolated Myanmar’s people and businesses from the rest of the world, hindering progress and development in the country.
 
Our solution is to use cryptocurrency, which are digital assets that can act like money and flows freely on the internet regardless of country borders. Our main service is a crypto asset exchange that allows traders from both Myanmar and around the world to convert between various crypto assets as well as Myanmar Kyat. Cryptoassets can include cryptocurrencies like bitcoin, ether, and Facebook’s Libra. Cryptoassets can also include company tokens which can represent assets like company shares.

Will you give your tokens to those who make donations for the people of Myanmar?

It is unclear what Myanmar traders can offer the world market. What exports of goods are expected?

Beta version is already launched


We have one aim — to help Myanmar to build a modern financial bridge between this country and the whole world 🌎


We will do our best to carry out our plans


We do not need a license, we are operating according to the laws


Yes, we will do our best to carry out our plans


There are a wide range of good produced in Myanmar, like textiles, petroleum products, refined copper, etc.. apart from industrially manufactured goods, SKYBIT will also open up the global market for small businesses as well as home industries. The problem is that Myanmar local businesses can't enter the global market, and we solve this problem.

There is not much information about your platform. When will you release a video about the Skybit creation workflow?

The developers haven't added this feature yet. but I think at the end of the IEO we will find out about it

Why did you choose the Myanmar market? After all, cryptocurrencies and blockchain are not developed well in the country...

I think they will make this function. Maybe they will only be available to large wholesalers

Do you have a service that verifies the authenticity of things?

If they have already discussed it with the Myanmar government about their platform, they have also did it with factories. Let them finish the trading platform and then the rest things

It seems to me that it is the seller who should offer delivery options, but on the other hand, Skybit should cooperate with different delivery companies

This is not a vital necessity, now bitcoin is perfectly suitable and stablecoins can be exchanged for it

Why can one account be used just for one company on the trading platform? It's inconvenient

In any case, if at least a small part of the residents of Myanmar will sell their goods through Skybit it will be useful for the country

I think they are already working in this direction. Now they need to configure the platform

They follow the other way. They will have a currency converter that will allow you to exchange bitcoin for anything else

I think it's important to them. If technology is developed in Myanmar, the Skybit platform will also be affected