FAQ

FAQ

General Questions

Blockchain Certifications Token. It is a utility token, currently based on Ethereum blockchain (but can be linked to any other public blockchain), that is used as a unit of account in any type of transaction between buyers, sellers, and service providers in a blockchain-based cloud tool CORE and smart contract services platform. The token is not a digital currency, security or a commodity.

The utility tokens are intended for use on the BCERTs CORE platform, a Blockchain-based digital business, transaction and services cloud platform. Ownership of the tokens carry no rights other than the right to use them as a means to operate a business on the CORE, engage in smart contract transactions and obtain services on the BCERTs CORE platform, and to enable usage of and interaction with the platform, if successfully completed and deployed. The tokens do not represent or confer any ownership right or stake, share or security or equivalent rights, or any right to receive future revenue shares, intellectual property rights or any other form of participation in or relating to the BCERTs CORE cloud platform, and/or BlockCerts and its affiliates. The tokens are not refundable and are not intended to be a digital currency, security, commodity or any other kind of financial instrument.

Additional information regarding the utility of BCERTs is available in the terms and conditions.

VNODEs are transaction sub-units included in a BCERTs token. There are 100 VNODEs per BCERTs Token. These are like markers that determine the critical points in a smart contract transaction, where a certification, or transfer, connection, or other marker, is required. VNODES are like “initials” on a physical contract, which mark, with certainty, any particular elements inside the entire transaction confirmed and attested by a BCERTs Token. The BCERTs token remains open until all 100 VNODEs are used, where it is then locked. However, it may still be transferred, or “chained” to other BCERTs tokens, to keep a flow of streamed transactions connected.

Register for the Blockchain Buzz and we’ll send the whitepaper to you. The whitepaper isn’t as relevant anymore since we have full scale products today. While others have a whitepaper strategy, BlockCerts has moved beyond the whitepaper to real solutions.

The BCERT smart contract address:
0x20d111bbe10e15dcfa3153d5785b5e113c00fa88.

If you are an APP publisher or developer, interested in joining the BCERTS platform on BlockCerts, the best way to get started is to fill out the “Contact Us” form and specify that you have an interest in becoming a Publisher.

Register under App Developer and we’ll share more information there.

BCERT may be used to streamline the most complex of transactions. With utility built into the entire process, our smart contracts allow multiple participants and automated actions on a single platform, removing hidden fees in intermediary costs and wasted time in back and forth follow-up.

The BCERT token is attached to a smart contract on a blockchain-based transaction streaming platform. The platform includes a decentralized platform for user validation, a public blockchain used for transactions, and a Central Smart Registry Ledger ‘CSR’ to ensure privacy of information. Combined, the BCERT platform allows users to distribute money, value or property, once terms have been communicated and agreed upon by all parties involved. Once all members have been verified, terms, actions, and regulations flow to assure the compliance of each party, automating trust and certainty in each step along the way.

The utility economy of BCERTS Tokens creates a never-ending process of re-minting as contracts proceed through to completion – always returning value to the ecosystem.

There are 100 nodes in each Token. Each token has enough compute power for NDA’s and simple contracts. When additional compute power is needed, “INK” is the solution. Ink is calculated at a fractional rate. See calculator for INK calculations.

Tokens

We are building the BCERTs Tokens platform to integrate the BCERTs CORE business cloud (see below), the BCERTs Central Smart Registry “CSR” ledger system, as well as a BCERTs wallet and related blockchain-authenticated functionality. The utility token is for streaming transactions and obtaining services, authenticating users’ identities, and affecting compliance and regulatory based processes on the platform. The token will be used, for example, in managing identity for Know Your Client (KYC) and Anti-Money Laundering (AML) on-boarding, tracking transaction terms, providing compliance-based tracing and processes, validating documents and user applications for loans, mortgages, prescriptions and other highly regulated, compliance based, transactions. The token may also be used to acquire integration services through private posts to authentication services, to transfer services, and to confirm third party Applications (APPs), posted on the BCERTs APP store.

Given the software development kit, API and open development modules we publish for the platform and projects, we also envision that as we develop the BCERTs protocol, third-party developers may come up with new and novel uses for the tokens, its functions and new integrations.

  • Register an account
  • Activate your account
  • Go to the Themes section and upload your theme
  • The next step is the approval step, which usually takes about 72 hours.

BCERTs are utility tokens meant for use in the BCERTs CORE platform. They are transferable. There is no restriction on the token being traded on exchanges, at the token- holders discretion. There are many exchanges, listed here, however, we have not encouraged or facilitated any exchange trading in any way.

You can view BCERT token balance in your non-hosted Ethereum wallet that supports ERC20 tokens by watching the BCERT contract.

  • BCERT Smart Contract address: ##################
  • Number of Digits: 18
  • Symbol: BCERT

BCERT meets ERC20 token protocol, and can be stored in ERC20 compatible wallets. BCERT Tokens can be stored in the BCERT Wallet, or external wallets. We do not recommend a particular product.

Ethereum (ETH) or BitCoin (BTC)

BCERTS affiliate and primary sponsor, Finaeos.com has already created partnerships with Microsoft Azure and Oracle Cloud. APP publishers such as Artificial Intelligence “AI” innovator, IPSoft, accreditation developer and fintech API provider (Envest / Yodlee – pending), Oracle Apiary have provided API integration and APP publishing on the BCERT CORE and FintechStore.com. Other large name publishers are working to become part of the platform, and will be added upon completion of requirements.

Ethereum (ETH) or BitCoin (BTC), Rupees, US Dollar, Mastercard, Visa

  1. Click on Pricing to Order your first BCERTin application with the token program needed for your business.
  2. In Your BCERTin Wallet you’ll be able to purchase additional tokens.

The 500 Token plan is a great starter plan for most small businesses. If you have more than 3 employees or more than a couple hundred customers, you’ll want to move-up to the next token level. One great advantage of tokens is that if you aren’t using them, you will have the opportunity to rent them or let them appreciate in value with market increases they become an appreciating asset.

Token Distribution

One and a half billion BCERT will be sold. In addition to the tokens sold, we have created a development team pool of 300 million tokens. Finally, we created a user growth pool (UGP) of 300 million BCERT. To learn more about the UGP, please find more information below:

We will sell the equivalent of 1.5 billion tokens, at a market value to be set against the daily moving average of ET : BTC. There is no plan, at this time, to have a follow-on BCERT sale.

Will there be a pre-sale?

There will be private pre-sale of BCERT Tokens, up to 200 million, that will have a floating discount of twenty-five (25%) at the time of the sale, versus the price at the official launch. The presale will close when a maximum of 200 million BCERT tokens are sold.

We’ve covered the problems with identity fraud in the existing digital business model. The token verifies user accounts with external factors, such as ID, external authentication sources and third-party transactions, creating a digital identity signature within the BCERT Token for each user. The VNODE Metrics (VNODE) system reduces fraud entry points, and tracks smart contract action points. The BCERT will be auditable against the open source blockchain ledger, with transaction engagement verified using Zero-Knowledge Proof (ZKP) protocols.

Smart Contracts

Smart Contracts invite multiple participants to exchange value on the blockchain, without the interference and the added cost of the middleman, such as a bank or other entity. Users may collaborate contract details, view actions, and capture all of the lost hours spent on follow-up emails and phone calls. With its automated sequence, Smart Contracts compel action steps, notifying authorized users when follow-through is required on contractual commitments. Generate automated payments and stay right on track. Collaborate with others on the dashboard, store and share files, conduct personal or business transactions, save money, and ensure private instant messaging communication—it’s all at your fingertips.

Providing an all-in-one communication platform where files can be attached and shared among the team, Smart Contracts increase engagement with clients and partners. It is a game changer for businesses, big and small, automating activities in an efficient, conflict-free and secure ecosystem. Current clients include use cases for enterprises providing supply-chain management, smart contracts, reporting, file storage, file sharing, C.R.M. and communications. This includes:

  • Healthcare
  • Agriculture
  • Music
  • Real Estate
  • Mortgage
  • Cannabis
  • Entertainment
  • Construction

Although, it is only a matter of time before the blockchain touches every industry out there!

Just follow the instructions in your BCERTin app. If you have further questions just hit our Chat feature.

You can use one of your tokens to provide a BCERTin app to another individual, or you can invite a person to connect via the web to sign a contract using one of your tokens.

While BlockCerts is active in developing specific solutions for businesses, enterprise solutions and governments, one additional BlockCerts differentiator is an out-of-the-box solution called BCERTin. BCERTin is the world’s first Blockchain App for Consumers and Businesses. It is available in both Smartphone App and desktop, bringing accessibility and consumer adaption to Smart Contract and blockchain solutions.

ICO Token Launch

Because the BCERT token will be used for Use Cases, Private Label of BCERTin, BCERTin app, and tailored applications to access the BlockCerts Blockchain, a demand will be created for the BCERT Token. Because there is a limited number of BCERT Tokens, a supply and demand is created like other assets of “value”.

BCERT Tokens are stored in your BCERTin Wallet.

How Can I trade or sell my BCERT Tokens?

Once the ICO is completed and the BCERT Token is listed on an exchange, a token can be sold right from the BCERT Wallet.

BlockCerts is reviewing exchanges and the decision will be a part of the overall ICO process that the company is currently working through with a law firm to set-up this full process.

For a limited time, BCERT Tokens can be purchased at a discount prior to the ICO. Refer to the ICO Pricing for specific details.

In Pre-ICO, you’ll be one of the early adopters to be able to change your business, use the BCERTin app as well as to receive an early discounted token program. You may kick yourself in the future if you’re not able to get in early!

Accredited Investors of Blockcerts.com

BlockCerts has a North American Agreement through Credence Code to provide an investor PPM program to purchase tokens at a deep discount. For more information please register on-line and request the latest investor deck. We’ll send you more information on how to get in on this fantastic opportunity.