Tech
BBAChain features innovative Layer 1 technology for Blockchain-based elections
Estonia, Tallinn, June 25, 2024 (GLOBE NEWSWIRE) —
BTI Group OÜ, the company behind it BBAChain, announced its plan to transform the global democratic process by using blockchain to conduct electoral processes. This development, known as BTI Global Solution, is part of the company’s ecosystem that will run on BBAChain, a layer 1 blockchain. This also marks a significant step in filling any long-standing election-based gaps.
Overall, certain irregularities hinder a credible electoral process in nations around the world, including voter suppression, voting system tampering, vote buying, election materials security, and cybersecurity and authenticity of the results. However, BBAChain offers a blockchain-based solution to increase transparency, efficiency and accountability: BTI Global Solution.
In a statement released by Christian Trejo, the company’s CSO, he explained how BTI Global Solution, also called Decentralized democracy (DeDe), will drive the adoption of blockchain technology for elections around the world. “BTI Group OÜ aims to bring elections to the blockchain, providing a solution for governments and institutions to conduct more transparent, efficient and accountable political processes. Imagine a world where political elections are held on a blockchain. This could redefine the very nature of democracy. The only thing we regret is that it will not be ready for the 2024 elections.” Trejo said.
BBAChain presents a new era in the cryptocurrency sphere with tons of innovative ambitions based on solutions that will transform and challenge the norm. Built by BTI Group OÜ, an Estonian company, BBAChain offers users a network capable of processing as many as 100,000 transactions per second (TPS). This high throughput positions the blockchain as one of the fastest to transact on.
Additionally, the BBAChain ecosystem offers other products beyond BTI Global Solutions. They include BTI Exchange, BTI Swap, BTI NFT Marketplace, BTI Multi-Chain Wallet, BTI Payment Card, BTI Investment Funds, a euro-linked stablecoin (EUB), etc.
Another development of BBAChain is the BBA coin which serves as a governance coin throughout the ecosystem. Currently, BBA Coin is not listed on any tier-1 or tier-2 exchange. However, the cryptocurrency is in the presale phase.
According to the company’s roadmap, significant parts of the ecosystem are expected to launch by the end of 2024, including BTI Exchange, BTI Swap and Euro Stablecoin (EUB). As time goes on, the ecosystem will continue to expand with meaningful products that solve real-time problems and go beyond generic crypto offerings.
Furthermore, BBAChain, through Christian Trejo, the CSO, confirmed that the project is in discussions with some governments. These ongoing conversations aim to promote the adoption of blockchain-based elections around the world to achieve free and fair elections that people want.
BBAChain promises to transform the entire cryptocurrency landscape as it continues to expand its ecosystem. Layer 1 blockchain not only aims to encourage the adoption of cryptocurrencies, but also wants to change democratic systems for the better through the use of blockchain technology, allowing governments to manage elections in the best possible way.
Information about the BTI OÜ Group
BTI Group OÜ focuses on using advanced blockchain solutions to improve the real world. As the force behind BBAChain, the Estonian technology company aims to create a comprehensive and scalable layer 1 blockchain ecosystem.
The company is one of the leading forces in decentralized blockchain technology. Dedicated to openness, effectiveness and community engagement, BTI Group OÜ provides game-changing solutions for the digital and physical world.
Contact
First name: Christian Trejo, CSO
Website: https://bbachain.com/
E-mail: contact (at) btigroup.ee
Agency: BTI OÜ Group
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Telegram: https://t.me/bbachain
Twitter: https://x.com/bbachain_com
CONTACT: Christian Trejo contact (at) btigroup.ee
