Created with speed in mind, the Blocklite Blockchain is the fastest crypto engine to date. By replacing minors with a centralized calculation engine, Blocklite unleashes speeds of over 100k transactions per second and REMOVES ALL GREEN HOUSE GAS EMISSIONS from blockchain.
Once the engine makes a calculation, it submits it to our community of extremely light nodes for approval. Our simple open source Node software is a virtual box image, a student’s laptop is able to run various Nodes in the background. Users can also compile their own node software.
BLOCKLITE REDISTRIBUTES FEES TO HOLDERS IN REAL TIME ALL THE TIME PROPORTIONALLY TO WHAT THEY HOLD (ALL TOKENS)
Our native VeoShop (shop.veo.do), VeoStream (veo.do) and Payport (payportinc.com) platforms use the Blocklite Payment Gateway which charges a processing fee to vendors (4% – Dominican Standard for Visa and MC). The X-Wallet charges a transfer fee between users (0.2% to a maximum of US$1.00) while the tokens are On-Chain (On the Blocklite Chain)
Half of all these fees are redistributed between coin holders in real time prorated to how much coins they hold versus how much coins are available for sale at a given moment. This means that Blocklite Coin holders make money on holding Blocklite coins, even Blocklite stable coins (Applies to Off-Chain tokens also, Off-Chain Tokens receive their profit shares daily). This redistribution is system wide, meaning that this happens regardless of whether you hold Net Coin, Stable Coin or Novelty Coin.
Since Blocklite Coins are minted on the Blocklite Chain, transactions are instantaneous and cheap, as opposed to traditional crypto.
Since some investors may have reservations with the Blocklite Chain at first, all Blocklite Tokens are fully bridgeable to the Binance Blockchain.
The Blocklite Family of coins are the sole currency accepted on the VeoStream / VeoShop retail platforms and Payport’s Telecom Trading and Fiduciary Services Platform.
Blocklite Dominican Peso (Stable Coin) and Novelty Coins (Stable Coin) are instantly convertible to fiat from your Blocklite X-Wallet.
Blocklite counts with 30,000 top up locations throughout the Dominican Republic, New York, Massachussets, Connecticut and Spain.
Our proprietary API allows users to manage their Tokens on The Blocklite Chain through our simple API for automation.
A minimum of 70% of IDO and divestment funds will remain in liquidity pools at all times to guarantee the Blocklite Net Coin is ALWAYS convertible to cash or crypto.
FIdemDD, an AICPA registered CPA firm will audit the liquidity pools weekly and issue a sealed report published to social media.
B-Crypt tokens are contracts issued on the Blocklite ledger. You can mint B-Crypt tokens through the X-Wallet at a fixed cost per token, the price chart is available on the B-Crypt tab in the main menu. The Creator of a B-Crypt Token Contract decides how many tokens are to be minted and, this is revolutionary, establishes the gas fee to move this token. The account that created a token contract will automatically receive 50% of the gas fee it has established for the contract, in real time.
This has enormous potential for NFT projects like smart wills, certifications, digital art and collectibles, where the entity that issues a certification or authentication will make money every time its authentication changes hands.
The Blocklite Net Coin (BTE) is the exclusive utility token of the VEO/Payport ecosystems and the Blocklite WooCommerce Plugin. Blocklite Stable and Novelty Coins can only be bought and sold against BTE.
The Blocklite Net Coin (BTE) is the exclusive utility token of the VEO/Payport ecosystems and the Blocklite WooCommerce Plugin. Blocklite Stable and Novelty Coins can only be bought and sold against BTE. When a vendor or wallet user wishes to withdraw to fiat or crypto, their transactional balance is swapped to BTE and then exchanged for either Fiat or Crypto (BTC, USDT or ETH). For Veo and Payport users, this swap is done seamlessly by the system in the background generating huge, constant offer and demand for the BTE coin. Its value is related to the growth of the system’s cash flow (Demand) and the amount of coins available for purchase at any given time (Offer).
The Blocklite Novelty Coins are B-Crypt Tokens that can be minted in seconds by anyone with a simple 3 click process from your Blocklite X-Wallet. Create your coin and name it, then click-select one, all or multiple vendors you wish to accept your coin, from our comprehensive list of vendors who accept Blocklite. This will allow mothers to give their kids money they can only use in specific stores, lenders to provide funds that can only be used with specific vendors. The creator of a Blocklite Novelty Coin can set a special transaction fee of their choice to move their coins, 50% of the special transaction fee will be forwarded in real time to the token creator account every time this coin moves.
The Blocklite Dominican Peso and future Blocklite Stable Coins (Stable Coin) are B-Crypt Tokens, 1 to 1 asset backed and used on the VEO ecosystem, Payport and other trading platforms and the Blocklite WooCommerce Plugin. It can only be purchased using Blocklite Net Coin (BTE) which is done seamlessly at top up by the system which purchases the Blocklite Net Coins (BTE) on the open market and swaps it to Blocklite Dominican Peso (Stable Coin) in the customer’s wallet, guaranteeing constant offer and demand for the Net Coin. The stable coin demoninations and currency equivalents will be added as demand arises and markets expand for Blocklite’s native ecosystems.
* Pre ICO discount up to 50%, contact us for SAFT agreement.
Create tradeable digital B-Crypt tokens instantly set your fees and earn money.
Blocklite tokens can be bridged at any time to the Binance Chain. Fee redistribution on the coins only happens when coins are On-Chain.
Tristan Desechenes comes up with the idea of Blocklite, a fast encrypted publication to certify transactions.
The first version of Blocklite is launched, the system works but is not publicly published yet. The launch is a success.
Beta version is launched and is a success. The concept is proven to work efficiently in production settings.
Teleescrow, Inc becomes Blocklite´s first partner and moves its escrow system's transaction certification to the blocklite publication, certifying an initial 29 millon dollars worth of transactions within a few days.
DGA Escrow USA becomes Blocklite´s second partner and connects its system to the blocklite certification standard, certifying an initial 6 millon dollars worth of transactions.
Randall Johnson officially becomes the legal adviser to Blocklite management team. Randall Johnson is widely known in the industry for writing the crypto laws for 3 different countries and assisting in 18 successful ICOs. His seal of approval is a major step for Blocklite.
Nicholas Longano, former vice president of gaming at Universal Studios and widely known for his participation in the world´s largest games, chooses blocklite for his new gaming rewards project which will be certified and backed up on Blocklite's publication. This promises to make Blocklite a household name by end of 2020.
Blocklite is Decentralized with a new revolutionary system combining a centralized engine and a decentralized ledger and verification nodes network system.
Blocklite enters into a strategic partnership with Applicature that will play a crucial role throughout the current and future marketing phases of the Blocklite Net Coin to the crypto world. Blocklite is expected to leverage their marketing arm’s executive ability knowledge to drive brand equity and engagement from crypto fans around the world.
Blocklite announces partnership with CryptoXpress for licensing and consultancy. This partnership opens up a world of investors, influencers and much more for Blocklite.
The future is bright for Blocklite. The company announced it will soon be implementing the greatest NFT platform ever (2022 Q4) using its Novelty Coin system, including its Multi-Private-Key system (Multiple private keys have to be entered to transfer the token, very useful for title and/or will applications). The Blocklite NFT platform will be the sole NFT issuer (Lifetime Contract) of Tristan Desechenes and Nicholas Longano’s Dominican Gamers League, soon to launch (09-25-2022) and expected to expand to become the World Gamers League by 2023. The company’s full media apparatus will be out in force to promote this new feature.
Blocklite enters into contracts with massive top up providers and confirms it now counts with over 30,000 top up points throughout america and europe.
Blocklite presents its investment schedule for private and IDO rounds. Blocklite is expected to go public in December 2022.
Blocklite operates under an Estonian Crypto Exchange and Wallet license giving it jurisdiction in most of the world. US customers are processed through crypto trust technology allowing retail users to buy and sell blocklite crypto at will legally.
