en-Cash
Last updated
Last updated
en-Cash digital points are an off-chain system that AUC ecosystem participants can use in real-life situations. en-Cash is a network specialized in payment services and is built to interface with the ERC-20-based AUC network using a separate consensus algorithm, allowing for various communication methods between public networks and off-chain networks.
Furthermore, en-Cash can be used for payments or transactions like traditional currency by central governments, institutions, and companies related to AUC. It can also be used for PG systems, virtual asset exchanges, pension payments, self-identification/authentication, O2O services, utility bill payments, fines, and overseas remittances.
en-Cash digital wallet cannot be installed or used on devices other than designated Android or iOS devices, and all communication is difficult to randomly generate data packets based on an asynchronous initial password using DUKPT (Derived Unique Key Per Transaction) encryption. Additionally, the app is designed with a sandbox structure to be protected against external data connections and can respond to forgery and tampering attempts.
Finally, all apps are designed to make it impossible to detect and execute on an OS that has been hacked by rooting the mobile OS.
The AUC digital asset has the following flow:
