Launched on November 17, 2017 and registered in Malaysia, GoByte (GBX) is a Dash-based cryptocurrency that aims to enable providers to provide money services. The idea behind the GoByte network is to take advantage of encryption software to allow people to make financial transfers between computers. Its first platform, GoByte Pay, is an online payment service that allows individuals and businesses to transfer funds electronically. GoByte has masternodes and allows almost instant, secure and anonymous transactions. Transactions on the network (called InstantSend technology) take an average of 3 seconds to complete. Anonymous transactions (called PrivateSend technology) commingle funds on the masternode network to hide their origin.