What is EBCoin?
The main goal of EBCoin is to solve the issue of financial difficulties tourists meet while shopping. EBCoin (Eximbay Coin) concentrates especially on tourists travelling among Korea, Japan, and China, but has the ability to improve tourism all around the globe. The main problem tourists experience concerns the consumption taxes. Another important factor is the price of exchanging currencies. These two can become the reason why some people don't want to travel and why many tourists don't want to shop. Presenting a decentralized program for maintaining tax rebates, EBCoin enables tourists to get back a large part of the capital they outran after consumption fees. As the EBCoin platform is extremely decentralized there are no third parties who require fees for payments. This makes it possible to return millions of dollars to travellers motivating them to travel and shop in other countries more. At the same time, the network has its native crypto asset which is called Eximbay coin (EBC) and is pegged to the Korean payment operations company KRP.