Bitvaluta is a hybrid peer-to-peer internet currency that enables almost instant, near-zero cost payments to anyone in the world. Bitvaluta is an open source, global payment network that is fully decentralized without any centralShow more [+] authorities.
Bitvaluta is a project created by cryptocurrency fanatics, for cryptocurrency fanatics.
The idea is to create a blockchain (hopefully someday adopted as a worthy cryptocurrency) with a block time of 60 seconds and 3 required confirmations, to receive transactions quickly. The ultimate goal is that Bitvaluta is not only used as a medium of exchange but will be integrated in the future as a means of payment in digital but also physical payment systems.