Electronic Money Exchange Monitor

TBC Bank was founded in 1992 and now is a leading Georgian full service bank with 1 million customers in its four business segments: corporate, retail, SME and micro (through its subsidiary Bank Constanta).

Tether is a system using blockchain technologies to convert cash to/from digital money while anchoring or tethering the value of its cryptocurrencies to the price of national currencies such as US dollar, euro, etc. An automatic proof of reserves process for money deposited in the Tether system is a nice and efficient alternative to traditional proof of solvency methods for electronic wallet holders.