Payments can be made instantly online (using our website or the toco app) or at participating point-of-sale locations by scanning merchants' toco QR codes. User accounts are opened and managed on the decentralised platform.
The payment system is accessible to anyone with an entry-level smartphone and data connectivity.
Transactions are quick and easy, no matter where you are sending or spending your money.
Tocos are based on credible, verified carbon mitigation assets such as offsets, credits and avoidances.
The network is built on blockchain technology and designed with your security in mind.
The payment network is committed to compliance and consumer protection. It supports regulatory efforts in the fight against money laundering, terrorism, and other unlawful behaviour.
The blockchain technology is used to record all asset and currency transactions. This makes it possible for any third party to verify and audit both the assets held in the Carbon Reserve and the total tocos in circulation.
The payment network is based on blockchain technology, providing key features like immutability, distribution, and transparency to end users. The implementation leverages the Substrate framework, which was designed to be flexible, modular, and highly customizable. The consensus mechanism makes payments secure and consistent, while also supporting a high level of throughput. Forkless runtime upgrades enable the blockchain to evolve and improve over time.