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What is Ducat Protocol?

Ducat is a Bitcoin Layer 1 credit protocol that allows users to borrow dollar-pegged assets against their BTC while retaining non-custodial control of the collateral. Borrowers lock Bitcoin into a 2-of-2 Taproot vault and can receive either UNIT or USDC without bridging or wrapping their BTC. The protocol's loan logic, vault creation, liquidation rules, and redemptions are enforced through Bitcoin transactions and Bitcoin Script. Ducat lets users choose a collateral ratio based on their risk tolerance and supports borrowing up to 62.5% of the BTC value deposited in a vault. Instead of charging recurring interest, the protocol applies a one-time 7% minting service charge when UNIT is issued. Borrowers can repay at any time and redeem their Bitcoin, with the protocol stating that BTC redemption can occur within a single Bitcoin block. UNIT is a dollar-pegged stablecoin backed by overcollateralized BTC and issued directly on Bitcoin Layer 1. The protocol also supports USDC conversion for users who prefer external dollar liquidity rather than holding UNIT. Position management tools provide collateral tracking, liquidation-price monitoring, real-time BTC price updates, and dynamic health indicators from a central dashboard. If a vault falls below the protocol's collateral threshold, third parties can participate in liquidations by recapitalizing the position and receiving BTC at a discount. Ducat is designed for Bitcoin holders, digital asset investors, institutions, and decentralized finance users who want Bitcoin-backed liquidity while keeping borrowing activity anchored to the Bitcoin base layer.

What is Bcon Global?

Bcon Global operates as a non-custodial peer-to-peer cryptocurrency payment gateway, enabling businesses to receive cryptocurrency payments straight into their own wallets. This platform simplifies the acceptance of crypto payments by eliminating the need for custody, stored balances, intermediaries, and withdrawal processes. With Bcon Global, transactions are entirely P2P, allowing customers to transfer cryptocurrency directly from their wallets to the merchants' wallet addresses. The service continuously monitors blockchain transactions and keeps merchants updated on payment statuses, ensuring that no funds are held in any account controlled by Bcon. The gateway supports a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), BNB, Solana (SOL), and TRON (TRX), in addition to major stablecoins such as USDT, USDC, USDS, and TUSD. This versatility allows merchants to facilitate crypto payments from customers using various wallets across multiple blockchain networks. Bcon Global does not engage in holding, storing, or transferring merchant funds, which means there are no custodial account balances and no withdrawals required. Merchants are responsible for providing their wallet addresses, ensuring they receive payments directly while Bcon takes charge of monitoring payment detection and transaction statuses. The platform is tailored for a diverse array of businesses, including **eCommerce stores, SaaS providers, digital product sellers, freelancers, developers, and others searching for a non-custodial crypto payment solution** that facilitates direct wallet-to-wallet transactions. Moreover, Bcon Global's user-friendly service empowers merchants to focus on their core business activities without worrying about managing cryptocurrency custody or processing delays. **Key features:** * Non-custodial crypto payment gateway * Direct P2P payments from customer to merchant wallet * Accept crypto payments directly to your own wallet * No custody or storage of merchant funds * No withdrawal process * Support for BTC, ETH, BNB, SOL, and TRX * Support for USDT, USDC, USDS, and TUSD * Blockchain transaction monitoring and payment status callbacks * Integrations for eCommerce and online businesses

Media

No images available

Media

Integrations Supported

Bitcoin

Integrations Supported

Bitcoin

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Pricing Information

1% of the transaction amount
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Ducat Protocol

Date Founded

2000

Company Location

United Kingdom

Company Website

ducatprotocol.com

Company Facts

Organization Name

Bcon Global

Date Founded

2023

Company Location

Germany

Company Website

bcon.global/

Categories and Features

Categories and Features

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