A Bit Essential is yet to enter development, but is the second stage of A Bit Bazaar’s peer to peer framework. Also proposed to utilise seuva pay. However, location will play a significant role in the operations of A Bit Essential.
A Bit Essential is proposed as the second platform of utility from the endeavours of A Bit Grouped, and is geared towards offering opportunities of exchange between local farmers and consumers utilising cryptocurrencies.
This mode of exchange gives farmers an alternative demographic of customers, as well as working toward bridging gaps between the most traditional forms of production value, and the most recent.
Giving crypto traders the option of buying something of true value (essential resources) using their crypto holdings will also work toward reducing the demand of fiat currencies against cryptocurrencies.