This company has created a virtual currency that can be used to shop at any online store. Eliminating fraud and identity theft, the platform is secure and private. It uses existing point of sale equipment and gives customers 1% “cash back” paid in the online currency. The company also offers a merchant program for cash back offerings of up to 10% or more.
Anonymous transactions will be encrypted on the blockchain with zero knowledge. No one can find out who sent the transaction, the value of the transaction, or to whom the transaction was sent. The transactions metadata is encrypted and zero-knowledge proof construction is used to prove that no double-spending is taking place. Everyone using this platform can feel secure in the knowledge that information isn’t being shared.