Bitcoin MLM Software - Integration

with Blockchain, Blocktrail and

More

The online payment system revolutionized the MLM business. It changes

the face of MLM industry from a conventional trading base to the modern
e-commerce applicable network, and it significantly decreased the
complexity of financial matters in an MLM organisation. In light of these
facts, an MLM software Provided with advanced online payment
methods is pivotal for an MLM company. So that, we reinvented our
Infinite MLM software to integrate with one of the most technological
advance payment option of our time, Bitcoin.

Bitcoin
Bitcoin is a decentralized cryptocurrency, offers decentralized financial
transaction without any assistance from a third party. Due to complex
nature of today’s Trading, We use third parties like banks, governments,
notaries and so on, to facilitate our monetary affairs. These third parties
require additional matters like authorizations, approvals, permissions to
process money transactions and is functioned as a centralized structure
to regulate all financial dealings. Bitcoin breaks this middlemen role of
third parties and provides us with a convenient channel for the peer-peer
transaction.

Why use Bitcoin?

1. Easy to use:
Bitcoin offers a peer-peer network, Which allows its users to send bitcoin
from any device to anyone, anywhere in the world without any restriction,
at any time.

2. Secure:
Every bitcoin transactions are verified and shielded by top-notch
encryption. The cipher codes used in this secure transactions are
industry standard AES encryption. Besides standard encryption, bitcoin
provides advanced security features like two-factor authentication,
secure client-side encryption and many more.

3. Decentralized:
One of the most significant of all features of bitcoin is its decentralized
system and open-source nature. This unique feature encourages users
to opt out from the burden of centralized financial services into the
bitcoin’s neutral pasture field of decentralized finance provided with
peer-peer transaction.

This distinctive aspect transformed the traditional concepts of economy

and caused a paradigm shift in every monetary attribute.

4. Minimal Cost
Unlike conventional financial service, bitcoin network offers fare-free
money transaction throughout the globe, Besides a voluntary fee to
speed up the transfer.
What is Bitcoin wallet?
A wallet is just like a bank account, where we can transact our money.
Likewise, bitcoin wallet allows us to receive, store and send bitcoins.
There are mainly two kind Bitcoin wallets. A Personal bitcoin wallet that
you can install and use on mobile and computer. This wallet gives you
the complete authority of your bitcoin. But, maintaining a personal bitcoin
wallet is a bit tricky and need updating on bitcoin security policies and
transactions.

Third party Wallet

Although bitcoin is peer to peer network, there was some issue that still
concerns our monetary transactions. The reasons range from trust to the
unawareness of blockchain mechanism and the compatibility of the third
party Bitcoin API. As we are in the early stage of cryptocurrencies, it is
better to include a trusted third party to our bitcoin transactions.
Moreover, this third party bitcoin wallet is more compatible, easy to use,
regular updating, and have wider support on the monetary transaction.

Top Bitcoin API(Wallet) we integrate with Infinite MLM software:

1. Blockchain.info
 Blockchain is one of the pioneer's in bitcoin payment system.
Starting bitcoin operations from 2011 itself and have a very large
user base and supportive network. Blockchain provides wallet data
on recent transactions, Mined Bitcoins, Bitcoin rates and economy.

2. Blocktaril
This wallet allows the user full control of their bitcoin private key( a
key used to initiate bitcoin transactions) and provides ease and
secure payment service. Blocktrail has mobile app's for both
Android and iOS

3. Coinbase
Coinbase provides full fledge payment service. Allow users to link
wallet to their bank account.

4. Bitpay
5. Coin payment

The main purpose of bitcoin wallet is to provide the user's a bank

account like service using bitcoin. Bitcoin wallets can store, receive and
send bitcoins, But it won't directly exchange bitcoin from fiat currency or
any other bitcoin applicable value.

Bitcoin Exchange
A Bitcoin Exchange allows users to trade bitcoin for fiat currency(vice
versa) or other possible bitcoin values. Many Bitcoin exchanges also act
as a wallet, but generally bitcoin exchanges don't allow users payment
service like dedicated bitcoin wallets and they also discourage users to
store bitcoin for a longer period.

Our Infinite MLM Software is also supportive of integrating Bitcoin

exchange to provide user’s more convenient experience on bitcoin
transactions
Top Bitcoin Exchange we integrate with Infinite MLM software:

1. OK PAY
2. PAYEER
3. Perfect Money

Our Infinite MLM software is supportive of integrating more bitcoin wallet,

bitcoin exchange and bitcoin service providers. You can Register here
and start using our DEMO NOW.