Digital cash design that closely mimics the core properties of physical cash.
Tibado is digital cash. It’s just like physical cash – note and coins – except the cash is expressed in software, rather than as metal coins or paper banknotes. For each currency, Tibado digital coins are manufactured and issued into the economy in exchange for ‘sight deposits’ (bank account money), just as happens with notes and coins. So Tibado digital coins are backed 100% by bank account money, just like notes and coins in circulation are typically backed by bank account money.