Blockchain & Ai Technology – BLOCKCHAIN & AI BASED INR – USD EXCHANGE (BITKART EXCHANGE)

BLOCKCHAIN & AI BASED INR – USD EXCHANGE (BITKART EXCHANGE)

BITKART – Your One Stop Destination for Peer-to-Peer Transactions

About Bitkart

Bitkart is one of the safest and most trusted places to buy or sell your digital currency. Especially for Indian Community. You can easily transact your USD to INR. The app is trustworthy and easy to use and very secure. It allows secure peer-to-peer transactions in a user-friendly environment. Buying and selling fiat currency was never so easy, fast, and profitable.

Features of Bitkart

Feel secure and safe

Each transaction on this platform is recorded in the form of a public ledger or the form of a blockchain, hence you don’t have to worry about the authentication of the transaction and the person with whom you are dealing. Apart from this, all KYC details of that person are also synced into the Bitkart database before they can transact on this platform like a live banking system works. Hence, no frauds are possible on this centralized system.

Censorship in transactions

All the blockchain transactions in this public ledger are maintained and authenticated in the form of a blockchain. Hence, no one could preferably back this system. The information shared on this system is so managed that a normal person cannot track it and it automatically populates the most popular peer-to-peer exchange using clone scripts.

You can transact from anywhere with Bitkart

This app works almost from anywhere in the world as it transacts in the form of digital money instead of flat money which could otherwise take several days before you could have it in your hands. Hence it allows people across the world to use the P2P system. Even nations across the world that are not otherwise authorized to use digital currency can make use of this system to transact their money.

Ensures Complete Privacy

Bitkart ensures complete privacy of its uses as it does not rely on any third-party operator as other flat money transactors do. The software of this app helps you get in contact with the buyer or seller and the transaction takes place directly between two peers. Also, no one could intentionally or unintentionally steak your fiat currency while you are transacting over this app.

How Blockchain is enhancing the functioning of Bitkart?

Bitkart uses advanced blockchain technology to help authenticate the peers on its platform before you start the transaction. It thus helps avoid any kind of double spending on the platform. A peer in absence of technology like blockchain could sell the digital money to two or more peers at the same time. However, blockchain introduces the ledger-like functionality into the platform which authenticates the peer and books the transaction with double entry or debiting the account of sender and crediting the account of the receiver like normal banks do.

How AI will be implemented to help Bitkart users?

Bitkart uses advanced blockchain technology to help authenticate the peers on its platform before you start the transaction. It thus helps avoid any kind of double spending on the platform. A peer in the absence of technology like blockchain could sell the digital money to two or more peers at the same time. However, blockchain introduces the ledger-like functionality into the platform which authenticates the peer and books the transaction with double entry or debiting the account of the sender and crediting the account of the receiver like normal banks do.

How AI will be implemented to help Bitkart users?

Artificial Intelligence is a new technology that interprets unstructured data to incense information as humans do. Hence there is a lot of peer-to-peer transactions going on this platform. Artificial Intelligence will help the customers to see the most popular and safe peers transact the money and also later it can imbibe the market knowledge to tell you what is the most optimum time to transact or exchange your dollars to make the most out of it.