Supply & Circulation of E-currency for a East African Nation
E-currency vs. Printed Money • Eliminates printing cost • Zero money handling cost • Fraction of the distribution cost • Makes money laundering very difficult • Impossible to counterfeit e-currency
What are the Benefits? ●
Complete traceability of money circulation
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Increased tax revenue
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Instant settlement
Reduction in Costs
Up to
65% Of the cost of paper money
Reinvent with HashCash • HashCash solutions help process 1 million payment transactions concurrently • More than 60 financial institutions around the world use HashCash solutions to bring newfound trust and transparency • HashCash is reinventing the payments industry with its products, platforms and services
How Blockchain can Help the Payment Industry • Instead of paying transfer fees to multiple parties, companies using blockchain only need to pay a single nominal fee or nothing at all. • Blockchain payments are completed in close to real time – in seconds rather than days. • Blockchain eliminates the risk of discrepancies in record keeping • With blockchain, all transaction records are secured by cryptography, tied to previous transactions and distributed among participants in a ledger.
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