Billon created a technology that enables zero cost global payments.
It’s not bitcoin, it’s the currency you know on the phone you have.
Billons Distributed Ledger Technology and security have been tested and approved by European Regulators for use under the eMoney directive.
Billon stands apart from many blockchain technologies with a design specifically for a regulated financial environment. It is fully KYC and AML compliant.
Billon's technology platform has been designed with end users in mind. It's fast. It's scalable.
With a small footprint and low cost, Billon's distributed ledger technology enables users with a smartphone to experience payment simplification.
Billon provides an open platform and clear APIs. It's designed to enable eMoney to be issued by multiple banks or regulated license holders. A pound is a pound, a dollar is a dollar, and a euro is a euro, regardless of which bank issued it.
Payments are between users or between buyers and sellers. There’s no bank or 3rd party in the middle of a payment. And there are no hidden crypto-currency charges.
Onboarding is as easy as downloading an app. No branch visit or paperwork required. Don't have a bank account? No problem. Users are assigned a bank account number, so it feels like a bank account and not a wallet.
Billon technology enables users to move money. From one phone to another. From an ATM. Within a country or cross border. It is an open payment platform without restrictions.
Billon technology products allow users to buy with one click. No need to add personal details or to hassle with special SMS codes. Just instant transfer of funds.
Safekeeping and compliance are part of Billon's DNA. eMoney is issued by banking partners and license holders, in a fully regulated environment, governed by the European eMoney directives. Funds are never transferred into any type of crypto-virtual currency. There are no volatile or un-regulated parts to a transaction, and no awkward technology workarounds. Just regulated eMoney, with the security of distributed ledger technology.
Billon solves the challenge of financial inclusion.
Billon's solution is distributed ledger technology levering principles required to function in a trust-based environment. Consensus is approached through a unique algorithmic approach, ensuring both transaction security and speed. Scaling is logarithmic.
Coin ownership is indisputably established by our banking partners. KYC and AML processes are business as usual, but in an environment where data about the device is available. FX processes fully supported, as are multiple currencies.
Billons showcase products, demonstrate the flexibility of its digital money platform. After feedback from 000’s of customers running the pilot app in Poland, these products take the best of features enjoyed by users, and add a user experience only possible with blockchain.