EBCoin will leverage blockchain technology to eliminate the hassle and high fees associated with tax refunds for international travelers and merchants alike. The EBCoin Wallet app will enable instant tax refunds, without having to wait in long lines at the airport or needing to hold on to paper receipts. Travelers will get 100% of their refund in EBC token, which will be instantly redeemable for additional duty-free purchases, or can be exchanged for their preffered currency at numerous ATMs in all major airports.
Xaurum is the unit of value on the golden blockchain. Xaurum Golden Blackchain represents the increasing amount of gold and can be exchanged for through melting. Xaurum is a transparent ledger of account for the distribution of gold owned by the Xaurum Commonwealth, which is maintained by Auresco Institute physically and Guardian nodes digitally. Auresco institute and Guardian nodes are both designed to distribute and increase Xaurum's value. The Xaurum can be mined cooperatively by miners on the Goldmine. Xaurum exercises cooperative control over the money supply through cooperative mining and minting that have been decentralized. This mined bvalue can be exchanged for physical gold, storesd as the CommonWealth gold reserves.