Fintech Startup Billon Raises $2 Million to Tokenize Fiat into Digital Cash

Btchain

Billon, a former Polish formed now London-headquartered start-up, has lifted $2 million to “further investment in a UK and Polish partnerships,” according to a press release.

Somewhat uniquely, a start-up claims they have implemented a “proprietary blockchain technology,” that turns fiat into digital cash. They state they are “interconnected to 2 banks, 6,000 ATMs and 18,000 kiosks by partnerships in Poland.”

We found it formidable to learn some-more about a underlying infrastructure. There is no formula to analyze, no technical whitepaper, any open information appears really general, and in respond to a specific questions we perceived no some-more than was publicly available:

“Billon grown a possess exclusive payments platform, optimized for peer-to-peer mobile send and for programmed and seamless correspondence and control.”

There appears to be during slightest 3 servers from any information we can gather. One during any of a dual partnering banks and another during Billon. Banks primarily modify fiat into digital tokens during a 1:1 ratio, presumably by special nodes, and, as Billon users can repel during a money appurtenance or send tokens


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