BitSEKCoin

BitSEKCoin is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of Bitcoin, algorithmically stabilized by its reserve currency SEKCoin, to facilitate programmable payments and open financial infrastructure development. The use of banknotes and coins is declining in society. At the same time, technological advances with regard to electronic money and payment methods are proceeding rapidly. Sweden is currently one of the countries where digital payments are increasing the fastest. The Riksbank has the task to promote a safe and efficient payment system, a task that may be more difficult if the majority of households and companies no longer uses cash as a means of payment in the future.