Bank Coins are not a form of cryptocurrency (e.g., Bitcoin, Ether, XRP, etc) – Bank Coins are created (“minted”) based on fiat currency held in deposit accounts. They are equally redeemable (“burned”) back to fiat currency held at the bank using Tassat’s real time payment platform technology.
Bank Coins are not offered on public blockchains – They are offered on a private permissioned blockchain which is managed by the bank (and/or in partnership with Tassat if desired).
Bank Coins are not primarily designed to act as an investment – They act as new payment rails for corporate payments and transfers.