With netnote, you technically have set foot into Distributed Ledger Technology (DLT) universe. This could be your first step into the whole new world of blockchain and crypto assets.
EXPERIENCE THE POTENTIAL
Netnote goes beyond medium of payment, it is best used as medium of settlement.
Besides small amount payment for retail transactions, netnote can be used to settle financial dealing transactions where the settlements need days to clear.
Netnote as a cryptocurrency prevents double-spending. Therefore clearing and settlement can be executed instantly.
Like all cryptocurrencies, transactions and balances of netnote are transparent on blockchain. As it promotes transparency, it also creates crime opportunities.
For safety reason, it is not desirable to keep large balances on blockchain due to privacy concern. Netnote proprietary design allows notetizens to switch their netnote on-chain and off-chain with digital safe keeping receipt (SKR).
Balances are kept in SKR, transactions are carried out in netnote. Both privacy and transparency are now attainable without trade-off.
Custodian is notemunity only gateway to traditional banking.
As an additional layer of protection, cash-in and cash-out services are enabled through a regulated custody account.
Open a custody account to activate this feature.