MilitaryToken™ is a peer-to-peer digital currency based on the Ethereum ERC20 standard backed by Veterans and the VetStoreUSA™ organization. It is designed for use in eCommerce and as a means of exchange. It is faster, lower cost, and more secure than credit cards, checks, or PayPal. It improves upon Ethereum and Bitcoin the two most popular forms of cryptocurrency (see the White Paper for more).
MilitaryToken™ is the fuel for the VetStoreUSA™ ecosystem where consumers can buy from companies and donate to nonprofits. MilitaryToken™ brings the benefits of cryptocurrency to medium and small businesses and brings companies with great products and services to benefit the crypto community. These two groups are meeting through MilitaryToken™.
Some examples of how MilitaryToken™ could be used beyond typical eCommerce is by active duty military members and DOD civilian contractors at Morale Welfare & Recreation (MWR) centers purchasing leisure services.
In addition to this, active duty units, Veterans of Foreign Wars (VFW) Outposts, and supporting civilian organizations could use MilitaryToken™ to augment their Family Readiness Groups (FRG) command activities in direct support of families of troops deployed overseas.