Emparta is an exciting fintech company with a solution that enables the transmission of money (fiat currency), using blockchain technology. Emparta has partnered with Bit Trade (Australia’s oldest cryptocurrency exchange) and is set to launch an Australian Dollar backed stablecoin – eAUD – which is backed 1 to 1 by real Australian Dollars. This form of digital currency offers a highly efficient and instantaneous cashless payment system.Leveraging the efficiencies and benefits of blockchain technology, eAUD offers a secure method of payment that is useful for all kinds of commercial transactions (e.g. P2P, PoS, escrow, e-commerce etc.) which can incorporate the use of smart contracts – a key feature of blockchain technology that will revolutionise commerce and trade.This is just the first step of the evolving Emparta technology infrastructure, which is entirely scalable and deployed in a way that allows it to be launched on any blockchain and backed by any fiat currency in the world.