Blockchain-Based Digital Cash Platform Raises $1.2 Million

By September 29, 2015Bitcoin Business

US dolars funding Safe Cash Payment Technologies, a blockchain-based digital cash platform that will enable consumers to purchase digital tokens in exchange for cash, has raised $1.2m in seed funding.

The San Francisco-based company procured funding from investors including InfoSpace founder Naveen Jain, who said the platform was "on to a very disruptive idea".

Speaking to CoinDesk about the platform, which uses a litecoin-compatible private blockchain and is expected to launch early next year – Chris […]

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