ICO
Currency Tokenization Platform
$30M
Hard Cap
Technology
State-of-the-art blockchain infrastructure that validates transactions within milliseconds.
Fast Transactions
Lightening fast system, capable of performing +2,000 transactions per second, with a latency of less than 1m/s.
Scalable
Designed to be scalable and resilient, ensuring a seamless and uninterrupted transaction experience.
Multiple Currencies
Frictionless movement of money across borders at real exchange rates, with no fees charged.
User Friendly
Available in a range of languages, and can convert text-to-speech for visually-impared individuals for ease of use.
Shared Control
Participating central banks can issue, redeem, exchange and regulate their currencies on Spacebanc’s blockchain.
Secure
We use 256-bit encryption, and IBM’s Hyperledger technologies to verify and validate all transactions.
Whitepaper
Spacebanc is a blockchain-based platform designed to facilitate the use of fiat currencies in a digital manner. It utilises IBM Hyperledger's Practical Byzantine Fault Tolerance (PBFT) consensus algorithm(s) for the issuance, redemption and regulation of 'tokenised fiat currencies' or CBDCs (Central Bank Digital Currencies).
Central Bank Digital Currencies
CBDC's will have all the core primitives required for sending and receiving payments in a ledger-agnostic manner, across any 'Interledger-enabled' payment system.
Tokenomics
Spacebanc plans to issue $10,000,000 worth of tokens pegged to the Canadian Dollar, at a discount of 35% at its ICO.
Network and Consensus
Spacebanc utilises a semi-permissioned network to facilitate CBDC transfers across any payment network - fiat or cryptocurrency.
Our Mission
Spacebanc aims to democratize digital money by giving customers the ability to transact with traditional fiat currencies on the blockchain, allowing for frictionless value movement across currencies and borders. We believe in building a world where better financial solutions exist for all. No hidden fees, no fine print, no catch - just the ultimate way to spend and save.
Roadmap
Spacebanc is currently developing fiat tokenization capabilities in-house, and is on track for its first coin offering scheduled for Q1 2022. The Company plans to then expand by enrolling financial institutions, wholesale, and retail customers internationally to build a successful user base.
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