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Tectum SoftNote™

The high-speed transactionless payment system of the future.

SoftNote Pitch Deck
1700957 Bills
SoftNote Bills minted total
2215 Bills
SoftNote Bills Filled with liquidity
$440069113
Potential liquidity in SoftNote system

Transactionless Payments

Tectum’s SoftNote is a transactionless payment system with instant payments and zero fees. Tectum uses its Bitcoin node and overlay network to facilitate on-chain transfers with low fees and fast transaction times. SoftNote can reduce transfer costs to zero and provide instant finality, making BTC a scalable global cash system.

SoftNote enable fast and anonymous transactions by replacing them with handovers. SoftNote bills will be emitted using Bitcoin, Ethereum and USDT as a store of value and can be purchased through Tectum’s web wallet and mobile app.

BTC/Crypto wallet creation

The system creates empty BTC/Crypto wallet using our Tectum BTC node in preparation for Softnote minting and filing.

Minting Softnote

A Minter (Mt) spends their TET to mint a SoftNote pack of 100 bills. Each individual bill is assigned an individual serial number and the BTC amount is transferred to a Pack dedicated address. The SoftNote minting licenses are then applied to the Mt’s account.

Liquidity provision

A liquidity provider (LP) transfers BTC/Crypto to the BTC/Crypto wallets of the SoftNote bills they desire to fill. The LP licenses for these SoftNotes are assigned to the Tectum account.

Releasing for circulation

A Minter (Mt) spends their TET to mint a SoftNote pack of 100 bills. Each individual bill is assigned an individual serial number and the BTC amount is transferred to a Pack dedicated address. The SoftNote minting licenses are then applied to the Mt’s account.

Revenue generation

The end user spends the SoftNote. If used for retail purposes, the retailer is charged a capped fee of 1%. The Mt and LP license holders are each paid 20% of this fee.

Why SoftNote?

SoftNotes are a FinTech product that sits on blockchain rails that facilitate a frictionless transport of value. Get the Pitch Deck & learn how this innovative new technology facilitates the digital currency environment of the future.

SoftNote bills carry the value within themselves, and their blockchain underpinnings unlock the freedom to conduct borderless remittances in true peer-to-peer manner. Since Softnotes deal with digital values, managing fees and transaction records becomes a technological rather than a logistical task, where the blockchain becomes the point of trust between intermediaries.

SoftNotes can only be minted using Tectum Softnote platform and Tectum’s in built Bitcoin node helps the system automatically assign and lock liquidity into a Softnote’s underlying Bitcoin address.

 

Key advantages of Tectum Softnote

Tectum Pitch deck

SoftNotes are a FinTech product that sits on blockchain rails that facilitate a frictionless transport of value. Get the Pitch Deck & learn how this innovative new technology facilitates the digital currency environment of the future.

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