As Scotland’s first and only digital currency Scotcoin is a mould-breaker. A financial and technical revolution is imminent. Scotcoin is part of that. You can be too.
- Under The Scotcoin Project umbrella it is designed to make our country a better place to live.
- A place where those who need get help.
- Where we can turn the technology behind crypto so it delivers lasting benefit for those who live here.
The Scotcoin Project is a Community Interest Company (CIC) and has at its heart Scotcoin (SCOT) – what is known as a crypto currency.
Scotcoin: what it is, what it can do and why it’s different?
Crypto currencies. You’ve been reading about them for a while now. They are what is known as ‘digital currencies’ – the most famous example being Bitcoin.
Scotcoin is also a crypto currency. We call it ’SCOT’. (We like that name!).
It’s a crypto with a difference in that it has embedded in it a charitable core.
Practically, this means that it is designed to do good.
The organisation responsible for Scotcoin is what is known as a ‘Community Interest Company’.
Practically, this means that it is designed to do good and its actions and behaviours are held up to the very closest legal scrutiny.
What can Scotcoin potentially do? Lots of things, really.
One clear mission is to target those in need. This might involve food or clothing poverty, for example.
We work with partners to help distribute and share for people in Scotland and for Scotland generally.