A Swiss SME launches private digital Swiss Franc
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The Swiss SME Scenic Swisscoast LLC launches a new cryptocurrency: private digital Swiss Franc. It is a private currency, it is not a legal tender or controlled or governed my a governemental institution. Whereas Cryptocurrencies like Bitcoin are very volatile private digital Swiss Franc can always be used for payment at some specific points of acceptance in their nominal value in the official Swiss currency (CHF). There is zero volatility in this cryptocurrency.
On march 21st the Swiss SME Scenic Swisscoast GmbH has launched private digital Swiss Francs as a new stable cryptocurrency. This currency has zero volatility to the Swiss Franc. Digital private Swiss Francs (dCHF) are available online from Scenic Swisscoast GmbH. At the moment the private digital Swiss Franc can be used for two services. They can be used to buy Tickets at the first International Innovation Film Festival IIFF that takes place february 14th-18th 2019 in the capital of Switzerland, Bern. Private digital Swiss Francs are also accepted for payment by Scenic Swisscoast GmbH for services they provide.
Why private digital Swiss Francs? There are several points that are addressed with the private digital Swiss Franc. First, Scenic Swisscoast GmbH and the 1st Int. Innovation Film Festival creates a new customer ties. Unlike traditional vouchers or tokens private digital Swiss Francs are standardised (Ethereum ERC20) and hence interoperabel with the entire Ethereumecosystem. Also, beeing a first mover Scenic Swisscoast GmbH establishes its position as driver in the Innovationtechnologyindustry. And finally, this project proves the expertise of the company handling Blockchainprojects on a global level.Scenic Swisscoast GmbH has checked the compliance issues and clarified all necessary legal questions with a specialist. For the private digital Swiss Franc no license is required (FINMA or otherwise). The issuing of cryptocurrencies is also not subject to a monopoly of the Swiss Federation. This monopoly applies only for minted coins and printed bills in Swiss Francs. Digital means of payment can be issued by private companies like Scenic Swisscoast GmbH. The private digital Swiss Franc is in consequence neither a legal tender nor an offical or federal means of payment. It is a private means of payment that can be used at the specific points of payment.
Added value at an early phase
In early phase value is added to private digital Swiss Francs. While the private digital Swiss Franc will be accepted 1:1 up to 15% more private digital Swiss Francs are paid out.
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