Cillar Coin is an open source peer-to-peer decentralized cryptocurrency, made exclusive to serve as the central currency for Afrail Express.
Cillar Coin comes with an easy to use Android and iOS App to enable local businesses, anywhere in Africa, to accept Cillar Coin transactions easily converted into local fiat currencies at the point of purchase.
As the central currency for the Afrail Express ticketing, this means that anyone who is to buy a ticket to ride Afrail Express, will need to use Cillar Coin to pay for the Afrail Express tickets, this is to help eliminate high cross border exchange rates and fees.
In return, to strengthen Cillar Coin, as a security token, Afrail Express Ltd is to contribute 70% of its Class A Common Shares to Cillar Coin, to be reserved in a globally trusted custodian account to serve as the underlying asset for the Cillar Coin as a security token.
Cillar Coin is empowered to handle a daily transaction volume of more than USD $300 billion for the Afrail Express ecosystem.
Very Impressive.