Welcome to ByCoi.io


Open source Blockchain technology that works in everybody’s interest.


ByCoi.io (BYC) was created as a cryptocurrency within BCB Coinstrike Limited to become a global payment token. When used in your wallet, BYC can be sent to any users with an account for a fixed transaction fee (currently 1% of the transaction value) which is considerably lower than the traditional bank and credit card fees. In the very near future BYC will also be able to be bought, sold and traded via a centralised European exchange for fiat or other cryptocurrencies like BIT and ETH.

GET STARTED

WHY CHOOSE ByCoi.io

BYC is directly affiliated to the technically advanced e-commerce platform OVID.ie that is launching in August 2019 and it has an opensource consensus blockchain which makes transactions very quick. BYC also has a fixed transaction fee (currently 1% of the value of the transaction).

SECURITY

Our private blockchain and blocks are signed by multiple permitted validators, using an appropriate scheme to prevent non-consensual control. The software uses a technique called “smart filters” which validates the transaction based on users' consensus. You can read the ByCoi.io whitepaper here.

SPEEDY TRANSACTIONS

By using smart filters that define both transaction and stream filters and being written in JavaScript and running on the same version of Google's V8 JavaScript engine, it ensures transaction to propagation within 1-2 seconds.

SECURE WALLET

Our website is secured with an EV SSL certificate by Comodo®. Your wallet is secured by 2-factor verification using your registered email and mobile phone. We are using PBKDF2 algorithm with 1000 iterations of hashing password. We do not store private keys of wallets.

WARRANTY

There is USD 20.000 warranty to individuals whose sole reliance is placed on the information contained in a Comodo-issued Certificate and results in a loss of money due to a fraudulent charge to your credit card. For further information see here.

LOW TRANSACTION FEES

Since there is no need for miners, where expensive computation of complex mathematical calculations take place, the fee for any completed transaction is therefore only 1%.

MANDATORY KYC

All users must complete an ID-verification using their personal valid ID and a live 3D face biometric image captured to compare and match. All identification data is stored under ISO 30107-3 Level 1.

HOW IT WORKS

BYC is received, stored, and sent using software known as a 'ByCoi.io wallet'

1

CREATE ACCOUNT

You need to create your account. Make sure you have a valid ID in hand when proceeding and access to your email and mobile phone. A list of valid IDs can be found here.

2

USE BYC

You can use the BYC in e-commerce partner places as well as where other virtual currency is accepted. With access to your wallet it makes it just as easy as paying by credit card. Our e-commerce partners integrate their systems using our direct wallet API's.

3

TRANSFER BYC

Transferring BYC to another person is very simple, fast and cheap and can be done by everyone who has a wallet that accepts the virtual currency.

OUR EXPERTS

Our team are making sure the systems run smoothly.

  • admin@bycoi.io
Chief Technology Officer
  • admin@bycoi.io
Lead Backend Developer
  • admin@bycoi.io
Lead Frontend Developer
21000
PRODUCTS
9250
MERCHANTS
295000
ACCOUNTS
1120000
TRANSACTIONS

NEWS & EVENTS

Related news to cryptocurrency and finacial news in the crypto world.

Apple and Microsoft Make New Crypto Moves

  • 55
  • 12

Major tech companies Apple and Microsoft are enhancing their toolset for blockchain developers. While Apple is set to announce CryptoKit, a framework for cryptographic functions, Microsoft is developing a smart contract auditing tool.