Bitqt forum, history of creation, standardisation, operating principle, software, security

The history of the creation of BitQt

The history of payment systems has ancient roots going back in time. From the earliest times, people have used various methods to exchange goods and services. However, with the development of trade and society, there was a need to create convenient and secure payment methods. Let's take a look at the key stages in the development of payment systems.

The first forms of payments in human history were primitive: exchange of goods, services and even slaves. However, as civilisation developed, there was a need to standardise and improve the exchange process. Ancient civilisations such as ancient Egypt, Babylon, India and China began using metal coins and even developed systems for recording debts.

As trade developed and the geographical boundaries of trade expanded, it became necessary to develop more sophisticated and reliable methods of payment. In the Middle Ages, bank cheques and transfers began to be used extensively in Europe. However, these were rather inconvenient and slow processes.

With the development of the industrial revolution and technological progress in the 19th century, the first credit cards and cheques appeared. In the 1950s, the American company Diners Club International introduced the first universal credit card, which allowed its holders to buy goods and services in various places. This opened a new era in the history of payment systems.

The next important stage in the development of payment systems came with the emergence of electronic payment systems at the end of the 20th century. The advent of the Internet and e-commerce led to an increased demand for secure and convenient online payment methods. PayPal, Visa and Mastercard became leaders in this field, offering their clients a wide range of services for processing electronic payments.

Today, we are in the era of digital payment systems, where mobile apps, e-wallets and cryptocurrencies are becoming increasingly popular. Thanks to rapid technological progress and innovations in financial technology, modern payment systems are becoming more and more convenient, secure and accessible to all users around the world.

This includes the BitQT system developed about 10 years ago, which was innovative and fresh at the time. But at this stage it is very outdated and does not bring much benefit. Simple data processes were developed using 15 year old technology. Why 15 years old? - Because technology is invented and then developed, that's why we say that.
In this section we will look at the history of the system, how it came into the world, when it was published. We will also consider the standards used, which at the moment are very old, understand the principles of the robot and what it was created for. Also a very important aspect is the security of this system, we will try to reveal the full potential of security which is already 10 years old. As you realise, technology is developing rapidly, and at this stage there are many more methods for conducting safe transactions.