Bytom aims to create an ecosystem through which digital and traditional assets can be registered and traded on a decentralized network with interoperability in mind. Its platform uses a three-layer structure in its system architecture: Application Layer, Contract Layer and Ledger Layer. The project states multiple innovations under its belt, including the adoption of a POW algorithm that is able to accommodate ASIC mining rigs and cross-chain transaction capability through side chains.
ItsShow more [+] innet was launched in April 2018, and the Bytom [BTM] token swap (of the initial ERC20 token) soon followed in June 2018 through several exchanges. BTM is used in the Bytom ecosystem for transaction fees, dividends for income assets and deposits for asset issuance. The BTM coin can be stored in its official desktop wallet.