Flying Money is developing a Blockchain-based solution for creating and trading digital fiat-backed tokens. Flying Money currency tokens will be traded on major digital exchanges in order to settle trades, transfer funds and diversify crypto currency portfolios. The major problem with investing in crypto currencies has been their volatility. Flying Money tokens can reduce volatility by anchoring a digital currency to an equivalent bank deposit. The initial Currency Token to be issued will be USD called “USDf” followed by EURf, JPYf, AUDf, GBPf and CADf. All currency tokens will be backed 100% by an equivalent amount of fiat currency held in a bank account. Users will be able to buy and sell Flying Money Currency Tokens on digital markets globally, or create, or redeem tokens on our payment gateway.
https://www.flyingmoney.io/