Article Summary, Automatically Generated By AI
Summary of Bytom
- Bytom is a blockchain-based open-source value-exchange protocol.
- Aims to tokenize real-world assets (warrants, securities, dividends, bonds).
- Allows users to create assets without limits and circulate them freely.
- Developed products: MOV (DeFi protocol), OFMF (open cross-chain gateway), Bystack (enterprise blockchain), Vapor (high-speed sidechain), Blockmeta (data service provider), Bycoin (mobile wallet), Byone (Chrome extension wallet).
- MOV DeFi protocol: trading protocol + Asset Lending protocol, supports various financial products with layer 2 sidechain technology, dedicated to constant improvement.
About Bytom: Empowering the Internet of Assets
Bytom is a decentralized, open-source protocol built upon blockchain technology, designed to facilitate the exchange of value. Its primary objective is to tokenize a diverse range of real-world assets, including warrants, securities, dividends, and bonds. Through the Bytom blockchain, users are empowered to create assets without restrictions, enabling them to circulate freely and unfettered.
Bytom has developed a diverse range of products beyond its blockchain ecosystem. These include a DeFi protocol, MOV; an open cross-chain gateway, OFMF (Open Federation Management Framework); an enterprise blockchain, Bystack; a high-speed sidechain, Vapor, which leverages BBFT + DPoS technology; Blockmeta, a data service provider; Bycoin, a mobile wallet; and Byone, a Chrome extension wallet.
Introducing Bytom’s Pioneering DeFi Protocol, MOV:
Bytom’s DeFi protocol, MOV, is a comprehensive ecosystem comprising a trading protocol and an Asset Lending protocol. Leveraging layer 2 sidechain technology, MOV is capable of supporting a diverse range of financial products. As a protocol committed to perpetual innovation, MOV is dedicated to continuous improvement and refinement.