Bitcredit Protocol

Sorry everyone, we having some technical problem with Twitter Spaces. They keep breaking up. We will announce a better format for our next call, likely on Jitsi.

Save the date for the upcoming Bitcredit Space. Learn: — How Bitcoin can finance a real-world steel trade through Bitcredit Protocol. — How an peer-to-peer e-bill turns into e-cash. Instant liquidity, zero bureaucracy. – Q&A. – How to join the community and bring Bitcoin into the real economy. https://x.com/i/spaces/1dRKZaebDDXxB/peek

Bitcredit Protocol continues to tighten eBill towards Beta and progressing the eCash stacks towards MVP Alpha. – Finished email-based verification of electronic signatures for eBill. – Progressed self-sovereign eBill counterparty contact sharing. – Advanced the mobile wallet payment flow and transaction list. – Deployed a Wildcat instance for upcoming dev and Alpha testing. - PWA decided insufficient for Wallet due to Apple walled garden blocking NFC and biometrics. – Now preparing native app store setup.

Bitcredit gave a well-received talk yesterday for the "Future Forward" innovation festival at #WeXelerate in Vienna. Topic: The unpredictable and opaque traditional banking system and the promise of #Bitcoin. People think money in a bank account is “theirs”. But it is not. A bank can freeze "your" money at any time, delay transfers, debank you, or block "your" funds, just like that, without giving any reason, let alone a valid one. #Bitcoin fixes this.

Bitcoin’s volatility is due to the fact that it is not yet used in global trade. Once it becomes part of the real economy, Bitcoin will be the ultimate stablecoin. The way to achieve this is by enabling Bitcoin based supply chain finance. Join Bitcredit at Bitcoin MENA 2025 to learn more.

Please read carefully! The Bitcredit Protocol is often confused with companies that offer Bitcoin-collateralised fiat loans. They could not be more different. Bitcoin-Collateralised Loans These are fiat loans issued by state-regulated lenders. Nothing about them escapes the fiat system. - You hand over your Bitcoin as collateral, but the loan you receive is still fiat. - The loans primarily serve wealthy Bitcoiners’ consumption, not production. - High interest rates slowly eat away at your Bitcoin. - If markets turn, your Bitcoin can be taken from you. - In reality, it’s no longer truly your Bitcoin. - You remain fully inside the foul fiat framework. Nothing changes. Bitcredit Protocol Bitcredit is not a company. It is a software protocol for real economic credit—without banks, without lenders, without fiat. - Credit is simply deferred payment between free companies, not issued by a provider. - Businesses gain a powerful new liquidity mechanism, fully inside the Bitcoin economy. - Every credit is backed by real goods (real proof-of-work) and secured by the payer’s actual wealth under global bill of exchange law. - Credit is denominated and redeemable in Bitcoin. No more fiat, ever. - Credit is used 100% for production, no exceptions, which means the Bitcoin economy grows faster than fiat economies. - Discount rates are set by the free market, not a centralised lender. - Financing becomes the lowest-cost option available. - The system is either self-custodial (counterparty risk) or non-custodial (issuer risk), NEVER custodial. - These mechanics stabilise Bitcoin and push volatility below fiat levels. Everything changes.

Join Wednesday’s Community Space on X. Wednesday, November 5th, 16:00 UTC. 11am NY, 5pm Vienna. Agenda: • Satus of Bitcredit development • Insights from pilot customers • Open Q&A session Ask your questions. MC: @Max Speakers: @Hu₿ertus the Austrian, @MTbitcr, Karan https://twitter.com/i/spaces/1BdGYZgdVAyJX

Here is a live example of how a buyer and seller finance a trade with an Electronic Bill of Exchange on the free, open-source Bitcredit Protocol. They create an identity, issue an e-bill, and at maturity settle it on Bitcoin mainchain. The equivalent process can take weeks or even months with banks on fiat money. Try it out on Bitcoin Testnet:

Bitcredit

Bitcoin Credit Money Supply for the Real Economy

Week 44 Update: Core team returned (exhausted) from a very busy, very successful participation at @LuganoPlanB. – Sneak mainnet version for internal users to test with real satoshis. – E-bill backend migrated protocol data from JSON to binary format. – Wildcat mint advanced with intermittent exchange between offline and online cases. – New component library used across eBill and eCash frontends. – Strong user feedback from early testers. – Talks to exchanges for guarantee asset listings. – Progressing on mint business structures for trade finance users. Week 44 Update: Core team returned from a busy, successful participation at @LuganoPlanB . – Sneak mainnet version for internal users to test with real satoshis. – E-bill backend migrated protocol data from JSON to binary format. – Wildcat mint advanced with intermittent exchange between offline and online cases. – New component library used across eBill and eCash frontends. – Strong user feedback from early testers. – Talks to exchanges for guarantee asset listings. – Progressing on mint business structures for trade finance users

This week Bitcredit joined Global Trade Conference (GTR) Türkiye in Istanbul: Turkish corporates, exporters, importers, manufacurers, traditional banks, and fintechs gathered to discuss current challenges in domestic and international trade finance due the politically captured fiat currency system, such as de-banking, credit risk-off and compliance bloat. Our keynote session explored: - Bitcoin as permissionless, unstoppable, and non-political settlement layer - Bitcredit as an enabler for direct, peer-to-peer export and trade credit Turkish banks showed high interest in electronic bills of exchange on Bitcoin rails. This free open source protocol will give rise to a new global form of lightweight 'non-banking", neutral and without a need for central banks and their inflationary fiat currencies.