The B-Umbrella application offers an online platform where clients and security specialists can interact in order to sign security agreements without having to correspond to any third-party authorization and without involving any intermediaries.
The application will provide the peer-to-peer cashless transactions empowered by the pre-designed smart contracts identifying the relationships between clients and executors as well as the terms and conditions basing on which the security agreements are considered satisfactorily completed.
All parts of the entire ecosystem of the B-Umbrella project are interlinked through the functional BUNT tokens providing the users and the platform with the reliable and efficient means of interaction.
Everyone will be able to create a profile on the B-Umbrella platform selecting a relevant security specialization. The only formal procedure necessary to enter the application is the online registration. A potential executor will need to fill in a profile data including an avatar, a nickname and an informal description of skills and services s/he can offer.
BUNT (B-Umbrella tokens) represent the membership and service-fee-payment functions enabling users to make safety agreements, pay for DApp services, and execute any transactions necessary to interact within the B-Umbrella DApp.
Thus, BUNT are simple app coins that can be recognized neither as equity nor as currency.