Publish Date: February 22, 2016
Page Admins
An innovative approach to ownership.
Franko is a peer-to-peer payment network built with blockchain technology. The blockchain is a synchronized public ledger that monitors ownership of FRK's (frankos). FRK (franko) is the financial instrument used on the Franko payment network. FRK's can be instantly sent to anyone in the world as simply as sending an email and at little to no cost. New FRK's are generated at a predictable rate of 0.25FRK/30 seconds (720 FRK per day) as an incentive to volunteers who secure the network against double spending. You can buy and sell FRK at cryptocurrency exchanges like Cryptsy, exchange FRK for goods and services at accepting retailers or invest in FRK as a store of wealth like gold and silver.