SVR (SovranoCoin) is an open source public (point-to-point) cryptocurrency and a well-known decentralized project, focusing on privacy, anonymity and global availability. SVR is based on software technology and can conduct anonymous cryptocurrency transactions in a decentralized blockchain environment. Anonymity is successfully realized by mixing a large amount of transaction information to make the connection between sender and receiver as vague as possible. Even though blockchain is still an open ledger, establishing connections between parties can be challenging. This brings the privacy of cash payments to online transactions and protects customers (including financial service providers selling data) from the numerous risks of exposing data. The second benefit of SVR is its ability to achieve zero verification transactions, which can be processed in real-time through the main node. This is a significant improvement over simpler solutions such as Bitcoin or Litecoin. SovranoCoin is still in the initial development stage and has obtained the first use case. According to the team's development plan and white paper, this project focuses on jewelry retailers.
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