BITONE

BITONE (BIO)

Full information about BITONE (BIO). Current BITONE price in ILS, BIO open/close rates, BITONE history charts, BITONE market capitalization and volume.

1 BIO = 0.020 ₪ Israeli New Sheqel (ILS)
0.0062984 ILS

Last updated: 2024-06-04 09:42:00 UTC - about 2 years ago 1 USD = 3.154755 ILS

General information
Global rank:4126
Name: BITONE BITONE
Symbol:BIO
Current coin price (ILS):0.020 ₪
Last hour:arrow_upward0.000000 %
Last 24 hours:arrow_upward23.55 %
Last 7 days:12.59 %trending_up
Capitalisation (ILS):0.000000 ₪
Volume 24h (ILS):232 820.92 ₪
Available supply:0.000000 BIO
Total coin supply:-1 BIO
Start date:2022-01-25
Last updated: 2024-06-04 09:42:00 UTC - about 2 years ago

BITONE/Israeli New Sheqel (BIO/ILS) price chart

BITONE/Israeli New Sheqel (BIO/ILS) capitalisation and volume charts

What is BITONE (BIO)?

BITONE is a blockchain network that leverages a proprietary technology known as the 2DIVS system (Distributed Data Integrity Verification System) to allow numerous audit nodes to verify the integrity of data. This system facilitates the verification of data integrity by storing the verified data on the blockchain using the IPFS method. The primary goal of BITONE is to address the challenges associated with the centralized storage of data, where data integrity often relies on the announcements of the relevant company or institution. By utilizing a decentralized approach for data verification, BITONE aims to enhance the reliability and trustworthiness of data across various sectors​​​.

What is BITONE (BIO) used for?

The primary use case of BITONE revolves around its unique ability to verify the integrity of data through decentralized means. By employing the 2DIVS system, BITONE ensures that data integrity can be independently verified by multiple auditors or institutions, thus providing a more secure and transparent method of data verification. This is particularly relevant in fields where data integrity is critical and can significantly impact decision-making processes and trust in the data being used. The blockchain's decentralized nature, combined with the IPFS method for data storage, ensures that BITONE can serve various industries by providing a reliable platform for data integrity verification.