Bitnet is a peer-to-peer network that enables the creation of programmable money and financial systems. It is decentralized like Bitcoin but powerful like Ethereum. It needs no central authority or banks to operate, and can be used by anyone, anywhere. Bitnet code is open source, nobody owns or controls Bitnet, and everyone can participate in the network. Its technology allows for the creation of complete financial systems for both sovereign and private money, as well as the tokenization of value on the internet.
Source: bitnet.money