The global sex market has grown significantly in the past decade. The Covid-19 pandemic witnessed more people purchasing and soliticing for sexual services online. Despite the growth there are many challenges in the industry that have led to problems of transparency and trust.
Switzerland blockchain company, bitcci is looking to build an ecosystem of nightclubs, portals, apps, cloud services and blockchain-based payment solutions.
bitcci value chain
bitcci offers a value chain of services that is intended to modernise the sex industry. The blockchain company already has its IT system in operation within 4 of the biggest nightclubs in Switzerland and have amassed the technical know-how on how to standardize the industry.
A central aspect of the bitcci ecosystem is the IT platform ‘’bitcci Systems’’ which is designed to create a safe and efficient operation of the components within the bitcci ecosystem.
bitcci wants to build a nightclub network that will consist of standardised and identical buildings that will operate in line with local regulations. The pilot phase will witness the building of 10 new nightclubs by 2022 before an international rollout.
The sex industry is still dominated by cash payments since most workers do not have bank accounts or credit cards. bitcci wants to modernise the system by introducing new payment solutions including crypto and traditional debit cards.
bitcci will also be able to create personal profiles and offer their services on the bitcci.com portal. The portal currently under development will be made available globally in more than 20 languages.
The bitcci App will provide a portable version that will allow sex workers to offer digital services in addition to their physical services. It will also have communication tools including chat, live video and digital content section in the bitcci cloud.
Transparency and Compliance
Transparency and compliance are two of the biggest problems within the sex industry due to the nature of workers. bitcci has also developed a special interface ‘’bitcci Connect’’ that will provide local authorities with direct access to data of workers.
Authorities will be able to view the personal data of workers from bitcci database and it creates a new dimension of transparency and security within the bitcci ecosystem. To further complement bitcci connect, bitcci also invented “bitcci.id”, the first ID and forensic system in the sex industry.
bitcci.id is designed to scan and verify ID documents within minutes. The ID system checks the validity of documents and also compares photos with existing criminal databases and governement databases.
This ensures that those with criminal records and invalid ID documents cannot register within the bitcci ecosystem. bitcci.id is currently under development and will be launched in Q4 2020 with the capacity to verify over 9000 different types of ID documents.
bitcci Cash Token
bitcci has built a payment token named ‘’bitcci Cash Token’’. bitcci Cash Token is an ERC-20 token that is an important component of the bitcci ecosystem. It is designed to be used to pay for services and products within bitcci.
It has a maximum supply of 100 billion and its smart contract audited by SolidProof and Immune Bytes. 50% of the token has been allocated for the ICO which is ongoing and scheduled over 5 phases.
You can easily purchase the payment tokens on bitcci ICO platform using cryptocurrencies. The minimum amount is 100 CHF ($110). To learn more about bitcci and its ICO, visit the address http://www.bitcci.cc.
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