SGNL is a mobile digital currency, backed by a commonly used asset (prepaid minutes) enabling consumers, carriers and financial services institutions to increase their access to capital. SGNL combines prepaid airtime with blockchain technology unleashing a new, innovative crypto-currency for mobile financial services.
SGNL creates secure interoperability between disparate global financial networks, mobile network carriers and emerging blockchains, enabling frictionless exchange of value between those networks. SGNL operates as an ERC20 Ethereum based token for access to smart contracts.
SGNL allows for a more efficient and decentralized mobile ecosystem across carriers, financial institutions, merchants and end users, businesses and individuals. The underlying protocol provides capabilities for the holder of a SGNL token to create outbound remittances through a text message for delivery of monetary value. SGNL token can instantly be converted to prepaid airtime issued globally by telecommunications carriers and utilized by 4 billion mobile phones or convertible to cash in over 70 countries.
January 31-may 31 2020
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