LITEX is a completely decentralized payment ecosystem for cryptocurrency. Built on the business model of YeePay’s star product (the non-bankcard payment solution) along with the BOLT protocol, the LTXN （LITEX Network) enables crypto-purchasers to pay fiat money to merchants on behalf of customers for products and services, and the customers repay cryptocurrency to the purchasers. The whole process is ensured by smart contracts, no centralized organization is involved.