e|cash is a Nigerian Naira-backed, monetary and payments wallet that makes it easy for anyone to unlock the potential of blockchain technologies.
e|cash is also a mobile wallet that allows anyone send and receive digital assets or tokens (fiat currencies, remittances, stocks, bonds, gift vouchers, tickets, air miles, coupons and anything of value) straight from the smartphone on the blockchain.
You can scan QR Codes to send and receive electronic payments and digital assets.
Fiat Currencies such as the Nigerian Naira (₦ | NGN) is fully digitized. The electronic Naira (₦) is backed by SHA-256 hash power and guaranteed by the issuer using the distributed ledger technology to offer an instant settlement and direct ownership. It allows the transfer of monetary value directly between users, without involving a financial counterparty.
Private keys are encrypted and stored in the application. It is never revealed on the server. Secure and trustless.
Using the blockchain e|cash solves the problem of account provisioning and third-party settlements. With fast wallet access, users have an immediate blockchain account on their smartphone. e|cash converts cash into electronic Naira, anchoring the value to the price of the Nigerian Naira.
Every blockchain issued (₦ | NGN) is always backed 1-to-1, by traditional fiat currency held in reserves. 1 issued ₦ | NGN on the blockchain is always equivalent to ₦1. The blockchain-enabled technology delivers world-class security while meeting international compliance standards and regulations.
For more information please view the blockchain issued Naira terms of service on our website.