Bank Transfer and BGL Transaction



Purely Peer-To-Peer
Electronic money Bitgesell

Bitgesell is a version of electronic money, purely peer-to-peer, that allows online payments from one party to another without going through a financial institution or any other intermediary. Like Bitcoin, or if you prefer, from one BGL wallet to another, from one individual directly to another, without needing to go through any entity.

Bitgesell Blockchain is the technology that allows checking the "watermarks" of wallet-to-wallet transfers. Why pay a bank for that service when your money can be smart?
Bitgesell has the incredible feature of being reliable and decentralized, free from any interest in the transaction itself, rendering banks completely obsolete when it comes to transferring or storing money. Bitgesell and Bitcoin have no time restrictions for carrying out transfers, which are significantly faster and operate 24 hours a day, 365 days a year.

No bank or physical money can compete with the blockchain technology of BTC or BGL, where inflation will always be close to zero after a few halvings. In the case of Bitgesell, it diverged from Bitcoin by introducing more aggressive deflationary mechanisms, a reduced block size and faster halving schedules. 

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