Money

There is a cost for the communications process and data storage for the issuer and the bank.

Since there is no mining process or actual assets at risk, these fees are minimal to the point of be a fraction of a cent per transaction.

While these fees could be absorbed in other ways, by charging a fee for the transaction the risk of a malicious party overwhelming a server is reduced as there is a cost to the attacker, and the attacked party still does gain from the effort.

ShofarNexus™ ● ShofarNexus.comShofarNexus.Shofar
Overview

Anonymous holding and exchange

Coin

1.Asset.Coin/_Coin-2018-08-23-12-34-56,123_456_789

1.Product.Coin/_Coin-2018-08-24-12-34-56,123_456_789

1.Service.Coin/_Coin-2018-08-25-12-34-56,123_456_789

Sum: Active, Expired, Inactive, Issuer

Risks involved

Trust Relationships

/_Trust

Local Trust

Global Trust

 
Roles

Portfolio

Product

Asset

Service

Agent

Transactions

Card based Transaction

Offline Transaction

Online Transaction

   

Exchange

/_Exchange-2018-08-23-12-34-56,123_456_789

Fee

If this interests you and you have a project that could use this, contact John@ShofarNexus.com or consider the CrowdFunding effort.