Boom Token is a social experiment. Blockchain gives us an opportunity to create this deflationary currency, and the deflation mechanism is fully based on smart contract. The basic rules are as below: There were originally 1,000,000,000 Boom in existence. Each on-chain Boom transaction completed, 1% of the transaction amount burned. There will never be newly minted Boom.
SmartCash is an easy to use, fast, and secure cryptocurrency that supports everyday use such as business payments. SmartCash has a unique decentralized governance system and technologies such as SmartNodes, InstantPay locked transactions in about a second, send by SMS and email, a project treasury with private key voting, SmartMining security, SmartCard, and it's Point of Sale app called SmartPay. SmartCash is pushing the limits of blockchain technology with tools that support entrepreneurship and innovation. Intended for use worldwide, SmartCash is available at ATMs, cryptocurrency shops in Canada and Europe, local exchanges and is especially popular in South America. In Brazil, 85% of retailers accept SmartCash with the SmartBand and is available at an additional 13,000 Caixa locations soon.