Scotcoin was established in 2013 and is one of the first and most successful country-related alternative digital currencies.
Scotcoin is proud of its Scottish roots but it is not limited to Scotland. It can be used by individuals and businesses worldwide to transfer wealth, products and services.
In order to process transactions quickly and securely Scotcoin uses the Counterparty platform. Counterparty uses the power of the established Bitcoin Blockchain.
The total size of the Scotcoin economy can only ever be 1 billion Scotcoin. This means the Scotcoin economy cannot hyper-inflate like existing fiat monetary systems. It also means that as Scotcoin becomes scarcer its value will increase.