Replacing cash with a digital solution must be better than cash and when making a purchase it cannot be dependent on connectivity.

And it can NOT be based on Blockchain. Blockchain is ‘only’ another IT-Trend and it doesn’t solve the real issue, how to replace coins and bills.

Anyone who claims that a blockchain solution or Central Banks Digital Currency solutions also can prevent that a user would be restricted to buy, say alcohol, doesn’t understand the reality of our society. More than 50% of day-to-day commerce is made by cash and cash cost society no less than 1 to 3% of a country's GDP.

What we here will come to explain is all about a patent applied innovation, by Lars Olof Kanngard and Mats Engstrom (Sweden) who invented, what now has become known as Chip2Chip. The provisional patent was filed in June 2017 as a result of years of close user and market deep studies where the reality of exclusion in the reality, due to that payment services are all coerced to use connectivity.

A purpose-invented and built true Offline solution.

Not a modified off host or adapted process.

Payment Instrument Revolution

“Financial innovation” is described as the act of creating new financial instruments as well as new financial technologies, institutions, and markets. Recent financial innovations include hedge funds, private equity, weather derivatives, retail-structured products, exchange-traded funds, multi-family offices, and Islamic bonds. (Wikipedia)

Financial Innovation Wekepedia

What is VOW Token

The table below not need to be explained, it talks for itself.
A VOW Token is as good as an issued Cashier Cheque.
At the time when a VOW Token is created (less than 1 second) at the instance of making a payment, the Token is given (issued) to the recipient (Vendor).

By the end of the day's sales or at any time the Vendor send (upload) the collected tokens to the Verification system, thereafter is the value transferred, which is a separate process.

Note: Verification means that the VOW Token is genuine, NOT for the purpose of validating the purchase or a source of funds/account.

Payment Instruments Facts

Links for explinations, under the table.
 Payment Instruments Type: Free for the
Process time
from Forgery
Digitally Signed
Can be processed
Validated Verified
without Internet
Is good only if
the balance exist
by the Bank
Assigned to
a recipient
Protected for
Transferred to
Third Party recipient
 Persoal Ceque  NO  NO  NO  NO  NO  YES  NO  YES/NO  NO  1  8
 Pay Order - Money Order  NO  NO  NO  NO  NO  YES  YES  YES  NO  3  6
 Certified Cheque  NO  NO  NO  NO  NO  YES  YES  YES  NO  3  6
Other Payments Methods                      
 Debit Card  NO  NO  NO  NO  NO  YES  NO  YES  NO  2  7
 Credit Card Manual Slip  NO  NO  NO  NO  NO  YES  NO  YES  NO  2  7
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