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BTT Token Based MLM Smart contract Software To know more about our services please visit: www.visoftwaresolutions.com Phone : + 91 9884951549 . What is BitTorrent Token? BitTorrent is a file sharing protocol with the community of over 100 million users. As such, it has become a household name among the users of the torrent technology and wider file-sharing community. BTT token with the aim to deliver at least some of these proclaimed goals: BitTorrent (BTT) should become a bridge between content creators and their audience. The BTT team believes in the potential of cryptocurrencies to allow both the creators and users to acquire and spend them with no intermediaries involved. Thus, the users will be able to use the BTT tokens to give new value to their contributed computing resources and the transaction process will not involve the use of fiat currencies. Cryptocurrency technology should be familiar to the torrent user community which has a long history of promoting sharing and cooperation while resisting censorship. The BitTorrent token lies at the heart of a future decentralized platform whose goals are to “promote openness, spurn censorship and reward their participants”. Perceiving that the torrent users should be no strangers to these principles, TRON jumps in as a provider of a technological infrastructure that should connect all of these users at a global level. BTT token is supposed to bring blockchain closer to becoming a mainstream technology. Making the BitTorrent P2P network and TRON blockchain work like a unified ecosystem should ultimately mean extending the blockchain’s reach to the millions of new users and helping with the blockchain’s mass adoption. The BTT token model should unify the efforts to reduce structural shortcomings of the BitTorrent protocol itself. The initial task of the BTT project is to offer market-driven incentives to its users in order to promote their collaboration. The common goal is to have them work together on optimizing and prolonging the lifespan of BitTorrent Swarms. The BitTorrent token will power the BitTorrent Speed model. Acquired BTT tokens can be offered in exchange for having access to faster downloads. They will be stored in a dedicated wallet and given support for being exchanged for TRON (TRX) tokens through a decentralized exchange. BitTorrent File System BTFS is both a protocol and network implementation BTFS is both a protocol and network implementation that provides a p2p mechanism for storing and sharing digital content in a decentralized filing system.that provides a p2p mechanism for storing and sharing digital content in a decentralized filing system.iTraditional file storage systems have many disadvantages, including centralization or control by a single entity, the ability for governments to censor, higher costs, and low fault tolerance.ncludingTraditional file storage systems have many disa iBTFS is a decentralized file storage system supported by millions of BitTorrent user nodes. By running on the blockchain, which has a Delegated proof of Stake method of processing blockchain transactions, BTFS addresses these limitations. BTFS represents the first decentralized storage system that can be used by decentralized application (DApp) developers. Soon, BTT will be introduced into the BTFS ecosystem to incentivize a fair and abundant file system. Business Benefits of BTT Token Based MLM Smart contract Software Listed here are the major benefits. 1. Requires less initial investment to launch the platform. 2. Less risk involved as we use smart contracts which eliminates fraudulent activities. 3. The owner can gain more revenue for all the transactions/investments carried out on the platform. 4. Does not require constant manual work or maintenance to run the platform, as all the transactions occur automatically. 5. Increase trustworthiness among people in which interns increase the user density. How Does the BTT Token Work? BT protocol is what brings together various providers of online services, such as Torrent sites, which keep track of metadata about shared files and serve as gateways to torrents, Trackers which are used to introduce peers. In swarms, service providers accepting BTT tokens can be seeds (users with the fully downloaded file which is part of a torrent) or peers (users with partial copies of the desired files). The team behind the BTT token promises to apply the existing expertise in running this long-existing infrastructure to the operation of its token-based system. BTT is supposed to act as the bridge for easier transactions involving available computing resources between the users of BitTorrent protocol and service providers and requesters. All transactions involving the provision of various services within the future ecosystem will be denominated in BTT tokens. The goal is to make the tokens themselves as broadly divisible as possible in order to accommodate for wide pricing ranges for the provided services. Transfer of tokens will be done via an on-chain/off-chain exchange and it will include both private ledger and the public TRON blockchain. 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USD/INR The pair finally broke the narrow range of 81.55-82.92 during last week. As expected possibilities of decent supply or lack of aggressive buying has resulted in the prices easing toward 82.30 which is another crucial level being the trend line support. Only a daily close below 82.30 would suggest further correction towards 81.90. Deeper corrections cannot be expected till we see a close below 82.10. Most likely scenario would be a consolidation between 81.90 and 82.70. A close outside this range requires re-assessment of risk/direction and target. A few more observations: narrow range broken We may not see a runaway in DXY. There can be relief rallies. Though the DXY attempted cross over of 105+, it got hammered Any spike in DXY need not necessarily impact this pair The raising upward channel indicate the broader range of 80.10-83.10 The increased volatility and wild swings likely to continue With this back drop it would be preferable to hedge the outward remittances on decline towards 81.90 or lower if seen. Current exchange rate of USD/INR is 82.27. EUR/INR Current EURINR exchange rate is 87.56. After many weeks of making higher highs the currency pair seem to be hitting the wall around 88.60 and started showing signs of exhaustion. The run up has been too sharp and we need to expect the consolidation. Ensuing week is crucial for the pair to sustain the higher levels or give way for a correction/consolidation phase. We can expect a consolidation between 86.50-88.60. Any breach on either side on a daily closing basis would require re-assessment of risk. It is prudent to look for key levels to hedge the risk. From a remittance perspective it would be prudent to book any outward remittances on slide towards 86.50 levels and the inward remittances by selling EUR currency against INR around 88.60 or higher if seen. GBP/INR The GBPINR currency pair is showing signs of exhaustion and has moved in a range of 97.90-100.12. The current exchange rate of GBPINR is 99.48. For the fourth week in a row the weekly closing is seen negative. The Foreign currency pair may find strong resistance at 101.30. There was a sharp fall followed by a quick recovery which indicates that there could be consolidation phase in a range of 97.30 & 101.30. It may be prudent to liquidate/hedge inward remittances on any upticks towards 101.30 levels by selling GBP currency against INR. it is desirable to hedge outward remittances on any decline towards 97.40 or lower if seen. Any close outside the range of 97.30-101.30 might drag the pair by at least 100 pips in the direction of breach. There would be a need of re-assessment of risk. Visit: https://www.orientexchange.in/foreign-currency-views-09-13-jan-2023 Also Visit: https://www.orientexchange.in/foreign-currency

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