BCOTs unlock functionality in the Catenis Enterprise product. When used in Catenis, these tokens convert into internal credits which activate key system functionality:

• Secure messaging - addresses key IoT vulnerabilities
• Smart-Asset -  enables secure, blockchain-based Hardware as a Service. Digital keys in the form of smart-assets can unlock functionality in remote hardware connected via Catenis
• Intelligent edge contracts - enabling smart agents and smart assets for a new breed of enterprise applications
• Decentralized applications - eliminating central points of failure
• Blockchain data logging - provides proof of authenticity capability, a key feature used to help combat counterfeit goods sales

BCOTs enable an incredibly powerful feature set for enterprises and are consumed as part of the system’s rapid adoption technology

• Consumed tokens convert into real Bitcoin blockchain value (actual bitcoins) that are used for miner fees and dust value (small amounts of bitcoin)

Catenis Enterprise provides secure permissioned communication across the open global peer-to-peer Bitcoin blockchain.