[2015-09-29] CD: Blockchain-Based Digital Cash Platform Raises $1.2 Million

[LiteCoinGuy]

Blockchain-Based Digital Cash Platform Raises $1.2 Million

Safe Cash Payment Technologies, a blockchain-based digital cash platform that will enable consumers to purchase digital tokens in exchange for cash, has raised $1.2m in seed funding.

...

The digital tokens, Kitze said, are 100% collateralised. "This means each token that represents $1.00 has exactly $1.00 stored in a bank."

http://www.coindesk.com/blockchain-based-digital-cash-platform-raises-1-2-million/



good luck with that