# Introduction to E Money Network

Welcome to E Money Network.&#x20;

Scallop's E Money Network is an open-source blockchain framework designed to support EVM-compatible blockchains.&#x20;

With Tendermint and IBC compatibility, it enables inter-blockchain communication and brings decentralised finance (DeFi) capabilities to a single blockchain network.

## E Money Network Overview

E Money Network stands as the pioneering public permissioned blockchain that integrates Know Your Customer (KYC) and Anti-Money Laundering (AML) processes on-chain. It offers a MiCA-compliant infrastructure with robust bank-grade security, catering to both individual and institutional users.&#x20;

The network serves as a seamless bridge between Web2 and Web3, incorporating a Biometric Bridge, KYC compliance, Proof of Ownership, and Chain of Custody.&#x20;

With a focus on Real World Assets (RWA), E Money network enables users to tokenise on-chain tangible assets effortlessly.&#x20;

The platform empowers users to manage Crypto, Non-Fungible Tokens (NFTs), and Tokenized Assets, facilitating smooth transitions between Crypto and Fiat.&#x20;

Enjoying rapid transactions with minimal settlement times, all within the confines of the world's first regulated wallet on the E Money Network.

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