💡Problems & Solutions

❌ Problems

• Limited Transparency and Control

Users often have minimal insight into the inner workings of centralized exchanges, resulting in a lack of control over their own assets and transactions.

• High Fees

Centralized entities charge significant fees for transactions and services, diminishing the value users can derive from their own assets.

• Exclusionary Practices

Traditional financial systems have not been designed to serve the unbanked and underbanked populations, leaving billions without access to essential financial services.

• Security Vulnerabilities

The centralized storage of data and assets creates a single point of failure, making these systems prime targets for cyberattacks and fraud.

• Lack of independent, decentralized & sustainable means for crypto on and off ramping directly from self -custody wallets

• Lack of solution to enable direct spending of crypto via Self -custody wallets

✅ Solutions

• Self-Custodial Bank

A cornerstone of ByBarter's ecosystem is our Self-Custodial Bank. This solution will be based out of Bitcoin country- El Salvador and provides users with unprecedented control over their assets, setting a new standard for security and autonomy in financial services. Unlike traditional banking systems, our self-custodial bank ensures that users retain full ownership and control of their assets and shall allow direct conversion of fiat to crypto and vice versa while offering a secure and transparent environment for managing and conducting financial transactions using cryptocurrencies directly from their self-custody wallets. Our Self-custodial technology enables you to spend your crypto directly from any self-custody wallet of your choice with debit and credit cards issued and linked to your self-custody wallet. This innovation is a testament to ByBarter's commitment to redefining banking for the digital age. We are onboarding all who could not get access to Revolut and its all based on blockchain technology.

• Blockchain-Based Payment Protocol

At the core of ByBarter's innovation is our Blockchain-Based Payment Protocol. This cutting-edge protocol is the backbone of our ecosystem, ensuring that all transactions are not only secure and transparent but also incredibly efficient. Our solution rivals PayPal and is designed to facilitate seamless cross-border payments, this protocol leverages the inherent strengths of blockchain technology to minimize transaction fees and enhance security. It represents a significant leap forward in making global transactions more accessible and affordable.

• Decentralized Crypto On and Off Ramp Solution

ByBarter proudly introduces the world's first standalone on and off-ramp infrastructure, specifically designed for the DeFi and DEX communities. This revolutionary solution allows for direct funding and withdrawals from self-custodial wallets using the ByBarter platform, thereby eliminating the reliance on traditional centralized exchanges and systems. This infrastructure not only simplifies the process of entering and exiting the crypto market but also empowers users with greater control and autonomy over their transactions.

• MarketVerse

A dynamic element of the ByBarter ecosystem, our MarketVerse is crafted to elevate user experiences in the crypto space, providing an avenue for crypto enthusiasts to buy goods, skills and services using their cryptocurrencies directly, thereby saving them the trouble of converting crypto to fiat before getting value.

Together, these components form the ByBarter ecosystem, a holistic and integrated suite of services that redefine what's possible in the realm of decentralized finance and cryptocurrency. By focusing on innovation, user empowerment, and security, ByBarter is poised to lead the charge in making cryptocurrency more accessible, secure, and engaging for users around the globe.