Short description about the token
EBCoin will revolutionize the $60B a year duty free/tax refund market for tourism. EBCoin is an ERC20 token standardized on Ethereum blockchain, and a complete eWallet solution. By using EBCoin, consumers receive their refunds instantaneously and can then use their proceeds as a digital currency. With EBCoin, tax refunds are transparent, resulting in greater efficiencies for tax authorities. For retailers, EBCoin significantly reduces costs relative to the incumbent systems. EBCoin will drive higher tourism spend at participating duty free shops, and ultimately, the EBCoin itself becomes a store of value and payment. EBCoin is a registered Singaporean company and is advised by RHTLaw Taylor Wessing LLP, a global legal and advisory firm with representation across 41 offices in Asia, the Middle East, Europe and the United States via the Taylor Wessing network and ASEAM Plus Group.