Fee Collection

In general, BizAuto System users can create a wallet, transfer cryptocurrencies, use various Dapps through BizAuto Mainnet, but there is a limitation to fully explore the blockchain technology and develop it to the next level. Therefore, BIzAuto System contemplates the way to implement Web 3.0 easily by providing various Tools and receiving fees accordingly.

1. BizAuto SDK

   The environment where SDK users develop decentralized applications (Dapps) in various fields will be provided by developing and distributing the SDK in the BizAuto System. A Dapp refers to a decentralized application equipped with smart contracts and developers can create through the provided SDK and register Dapps that users can install and use through the BizAuto System. Through the development of applications in various fields, developers have the opportunity to provide convenient services to users and generate revenue from fees earned with smart contracts.

2. Data Market, DeFi fee

   In case of a transaction occurring through one of the various types of decentralized financial services provided by BizAuto System, a portion of the transaction amount can be charged as a fee to return to the BizAuto ecosystem. Additionally, a certain percentage of transaction fees can be charged even when a transaction is made through the Data Market provided by BizAuto for data transactions. The fees will be sent to the Treasury operated by BizAuto DAO for decentralized management and all deposit and withdrawal records are disclosed transparently on the distributed ledger.

3. BizAuto System Solution

   While SDK users develop Dapps, users of BizAuto System solution can select, purchase, design and customize a templatized blockchain platform to suit their purpose, so the BizAuto platform provides a customer-oriented blockchain platform license service. The users may request for open or close license development service and get secure and stable Dapps using quantum random number generation technology. The entire process of solution development will be disbursed through BizAuto Tools; Users make a payment to the BizAuto Tools for developing solutions, requesting specific features, and applying for customized services, but also use the provided default templates.

4. InApp Payment Solution

   InApp payment solution via BizAuto Tools is available to install. First of all, users purchase BizAuto with key currencies or other cryptocurrencies and use platform services in Dapps provided on the BizAuto System. By applying the API for InApp payment solution, other apps such as e-commerce platforms and online & offline franchise stores are able to receive payments in BizAuto. Through DID technology provided by the BizAuto System, payment can be simply authenticated by using personal information stored in a user’s personal device without going through complicated procedures using phone or email verification. This leads to the commercialization of BizAuto and increases its value as a new currency. Users who use the payment solution pay the fee based on their usage.