Decem (Decem)

Decem is a blockchain-based fiat currency payment system.

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What is Decem

Decem platform allows users to transfer MOVE tokens representing their FIAT money free of charge. All the transactions including acquiring and burning of tokens are processed on the blockchain. Proof of Stake consensus is used to confirm the input and output transactions by voting on the public record of Decem's bank account.

Merchants run Decem software to receive payments from users. Using the NFC technology the user approves the transaction within Decem app running on his phone. For every transaction he receives 0.25% of his purchase value back in new Decem coins at current valuation.

Voters confirming the transactions on the blockchain get awarded a part of fee for every transaction in which they hold a vote. The chance for voting and stake of fee collected depends on the amount of Decem coins the voter is holding.