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This translates to a “world without a wallet” for payment and service requirements. Our Globcred® Liquid, tC™ , and BIPS™ cash products are examples where users do not have to directly use physical cash to immediately make payments for goods and services. Our new form of fiat money, the tCurrency is backed by credit facilities available in USD, CAD, British pound, the Euro and the host country currency, and will allow for better usage of payment methods for Governments, project sponsors, servicers, Sector/project owners and the like. (See 6D)- 2 &3 below).
Currently our PIT Capital™ Compliance, Legal and Credit teams provide the backup for settlement and administrative services required, together with our other supporting units and members from I/C/P/C such as Trinity Infrabanx, working independently and on arms- length basis.