If you have been following banking, investing, or cryptocurrency over the last ten years, you may have heard the term “blockchain,” the record-keeping technology behind the Bitcoin network. A blockchain is a type of database. Blockchains, an organizational methods for ensuring the integrity of transactional data, is an essential component of many cryptocurrencies. Many experts believe that blockchain and related technology will disrupt many industries, including finance. Bvc Chain is a private blockchain owned and operated solely by BVCI.

BVCI is a financial services company with extensive legal and digital asset brokerage experience, incorporated in Ontario in January 2018. The company developed BVC-Chain, a public, decentralized Blockchain built on open blockchain technologies and leveraging their security, efficiency and transparency. BVCI also developed BvcPay—a mobile app developed on BVC-Chain that functions as a digital asset wallet, blockchain explorer, and CADT, a digital asset that is 100 per cent backed by the Canadian dollar.

CADT is a fully compliant stablecoin minted by BVCI and a digital asset that is 100% backed by the Canadian dollar on a dollar for dollar basis.