Globally Governments Are Waging War Against The Use of Cash

This is because cash, in any currency, provides a high level of anonymity and becomes very difficult to trace - particularly in secondary transactions.

CASH is therefore the preferred medium of settlement for illegal transactions like funding terrorism, sale and purchase of illicit drugs, sale and purchase of illegal weapons, illegal gambling, human smuggling, contract killing and a host of other illegal activities.

Given the difficulty in controlling cash based criminal activities, several countries in Europe are already planning legislation to totally ban the use of cash.

Unlike cash transactions, which are untraceable, transactions settled in CROiNX through CROiNX SYSTEMS authorized agents, are continuously recorded and can be made available to law enforcement agencies at any time - provided such requests are ordered by a competent court of law pursuant to due process.

"All transactions in CROiNX (CX), conducted by agents who have been duly authorized by CROiNX SYSTEM, are continuously recorded and can be made available to national and international law enforcement agencies at anytime provided such requests are ordered by a competent court of law pursuant to due process."