BILIBIT is a tokenized payment and ecosystem built on the Ethereum blockchain as an ERC20 token for smart contracts, Fast transaction and secured transactions. Its objective is to provide transactions much cheaper and faster, as the cost of transferring this token via the Internet is less expensive and quicker than through conventional banking systems. This will become the principal payment instrument to be used in the Bilibit Ecosystem. This also gives borderless transfers because these are made without having to worry about expensive bank charges or exchange rates related to the transfer of fiat money. This feature can potentially have the effect of an increase in business opportunities and the expansion of international trade as it could bring about long-term price level, and overall market, stability.