MintChip is digital cash platform linked to a country’s fiat currency. It uses secure asset stores to move funds between parties without an intermediary and can process transactions both online and offline. The MintChip platform is agnostic to the type of user, indifferent to the use case and designed to highly secure every transaction, regardless of value. It records every transaction, in multiple locations, to enable compliance with all possible regulations and ultimately enable deployment anywhere on the globe. The platform was built on a highly scalable, open architecture that supports new, or existing payment system participants, and completes transactions at fraction of the cost of any current payment system.