What Is Bionic (BNC)?

Bionic is a platform that provides processing and storing of digital transactions in a transparent manner. The platform converts publicly viewable PIV into anonymous PIV, and thus, whenever users trade tokens, the tokens are traded without the history of where the PIV originated. Private Instant Verified Transaction, or PIV, facilitates anonymous transactions on the system. The network aims to create a stable, digital currency exchange platform wherein transactions between electronic companies can be simplified.

Again, Private Instant Verified Transaction, or PIV, facilitates anonymous transactions on the system. PIV works on a proof-of-stake (PoS) and Zerocoin proof-of-stake (ZPoS) hybrid consensus algorithm.

The Bionic platform works on blockchain technology and can be accessed as a distributed application (Dapp). By using the blockchain technology in its development, Bionic aims to provide a decentralized infrastructure that is stable, secure, and scam-free for involved parties. Bionic also believes that blockchain technology can help in achieving the set goal of a community-based ecosystem, which builds community spirit and makes users the chief controllers of the market environment.

In addition, the technology can help to eliminate counterparty risk and allow two participating parties to make a secured exchange of value. Blockchain also helps the platform in helping users control all their information and transactions. In addition, modifications made to public blockchains are viewable by all parties.

Further, the platform launched its B-Wallet in October 2018. As per the platform’s whitepaper, the B-Wallet is the first hardware wallet with a fingerprint used to store tokens. The platform seeks to integrate other cryptocurrencies as well.

BNC is the Bionic ecosystem’s native token.

History of Bionic (BNC)

M. Taher is the platform’s founder. Other team members include B. Ali, blockchain and smart contract engineer, and M. Lakhdar, designer of the Bionic project. The total supply of tokens is 1,000,000,000 BNC. Notably, the airdrop of BNC coins was carried out in July 2018.