# Introduction to E Money Network Welcome to E Money Network. Scallop's E Money Network is an open-source blockchain framework designed to support EVM-compatible blockchains. 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. The network serves as a seamless bridge between Web2 and Web3, incorporating a Biometric Bridge, KYC compliance, Proof of Ownership, and Chain of Custody. With a focus on Real World Assets (RWA), E Money network enables users to tokenise on-chain tangible assets effortlessly. The platform empowers users to manage Crypto, Non-Fungible Tokens (NFTs), and Tokenized Assets, facilitating smooth transitions between Crypto and Fiat. Enjoying rapid transactions with minimal settlement times, all within the confines of the world's first regulated wallet on the E Money Network.