Financial Institutions:

Internet Banks:

The franchised entities that issue nCash by use of Nash technology are Internet banks or more correctly, banks offering retail services
over the Internet. The Financial Institutions will issue nCash token and create it.

The issuing takes place by conversion of real money into nCash through an online debit to user's Internet Bank Account.


Clearing House:

The clearing house has two functions: one, it is a mechanism for converting nCash back into currency and two, it is the network
where all nCash transactions must pass enroute to verification.


Transactions:

Business to Financial Institutions
Financial Institutions to Financial Institutions.