Common Contracts

BITBON SYSTEM PUBLIC CONTRACT

November 8th, 2019

• Filed
  November 8th, 2019

Clause 1. Bitbon System Public Contract (hereinafter — the Agreement) means a digital document, a type of social contract of statutory nature, basic constitutive agreement between SIMCORD LLC (EDRPOU 37657823), the founder of the Bitbon System, and all Bitbon System Participants, where SIMCORD LLC also acts as the Bitbon System Operator. This Agreement identifies tasks and objectives of the Bitbon System, determines and establishes the basis for its development, ensures the execution of the Bitbon Protocol as well as stipulates a set of basic terms and conditions for the creation and use of digital assets in the Bitbon System, fulfillment of which is mandatory for all Bitbon System Users.