Avoid Currency, Tax & Compliance Risk With eDollars
eDollars are a new digital currency built on the Quorum Blockchain. eDollars are unique and able to complete real world transactions because they are transparent, on par with the USD, and maintain a KYC Complaint Chain-of-Custody. This makes them the only BSA compliant cryptocurrency, which is required by regulators to scale retail payments. seedpay is powering a new highly secure, low-cost, blockchain-based state-wide mobile payment network, designed to replace the outdated, insecure and expensive Visa, MasterCard, American Express and Discover plastic payment card system. seedpay merchants are paid instantly, and can withdraw cash from their ATM or bank account within 3-5 minutes instead of 3-5 days. seedpay can authorize transactions quickly and cheaply using Proof of Reputation (PoR) instead of the wasteful Proof of Work (PoW) mining system or the expensive Proof of Stake (PoS) authorization system, allowing seedpay and a host of other DApps that serve the regional economy to run on this community managed network. eDollars are also great for low cost, secure, real time business to business and business to government payments.