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BANKNOTE POSSESSION TRACKING AND DEPOSIT ENFORCEMENT METHODS

[Category : - BUSINESS METHODS]
[Viewed 42 times]

The invention provides a solution in countries experiencing a shortage of physical cash.
Paper tokens exchanged for cash in any transaction and the the tokens are then used by the payer to withdraw physical cash at the institution implementing the system. The person receiving cash uses the tokens as an incentive to attract business. He also is incentivised to deposit the money with the administering institution so as to get more tokens

the administering institution which will be deposit taking gets more subscribers as they always

This invention is the only one solving this problem as far as I can tell.







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