Kriptoks

e-Money is a pioneering blockchain-based payment platform that aims to promote financial inclusion and provide people around the world with easy access to digital currencies. Powered by Cosmos technology, the e-Money protocol has been specifically designed for the issuance of a range of interest-bearing currency-backed stablecoins that reflect different world currencies.

At the core of e-Money's innovative model is the fact that each token is backed by a reserve of assets denominated in its underlying currency. Currently, e-Money supports the eEUR, the eCHF, and tokens backed by Scandinavian currencies such as the eNOK, eDKK, and eSEK, with plans to release additional currencies in 2021.

The e-Money ecosystem also includes a second token class, the Next Generation Money (NGM) token, which is a staking and rewards token. Users can stake NGM to secure the e-Money network and earn rewards in return.

e-Money's commitment to transparency is reflected in its quarterly reserve audits, which are performed by Ernst & Young. Unlike most existing stablecoins, which aim to maintain a static 1:1 peg with their underlying assets, the value of e-Money's currency-backed tokens continually shifts in line with the interest accrued on the reserve assets. This means that holders benefit from the interest accrued on their assets while they sit securely in their wallets.

The e-Money blockchain is capable of supporting instant payments at scale and includes a decentralized exchange (DEX) for easy conversion between currencies. The platform has already integrated with Ethereum and expects to integrate with Binance Smart Chain, Cosmos Hub, Avalanche, Polygon, and Elrond in 2021, expanding the reach and accessibility of e-Money's services.

e-Money's commitment to financial inclusion and innovative technology has made it a leading player in the world of digital payments. By leveraging the power of blockchain and Cosmos technology, e-Money is able to provide users with easy access to digital currencies and a range of stablecoins that reflect different world currencies.

In conclusion, e-Money is a game-changing blockchain-based payment platform that is revolutionizing the world of digital payments. Its innovative model, featuring interest-bearing currency-backed stablecoins and a staking and rewards token, has the potential to bring financial inclusion to people around the world. With its commitment to transparency, security, and scalability, e-Money is well-positioned to become a major player in the world of digital finance.