ProMo (Programmable Money) is a Cryptographic Ecosystem, that allows different parties to participate in different types of transactions/contracts anonymously. Any two (or more) parties can agree on a Message format and participate in a transaction/contract.
As of now it supports, Anonymous payments, Forex Transactions and Identity. However, ProMo Ecosystem is not limited to these types of transactions.
Few Advantages:
1. No Blockchains or Crypt Currencies. Works with Fiat Currencies
2. Transactions are immediate unlike Crypto Currencies
3. Anonymous - There is no need for parties to know each other to participate in transaction. E.g. A Forex Transaction can happen between any two parties without knowing who the other party is.
4. Secure - All the messages are digitally signed using strong encryption keys, which are more secure than traditional username/password
Security:
All the confidential details are encrypted using your Secret Key which is not stored on our servers. This also means, if you forget your secret key, there is no way to recover your account.