What would happen in the event of a major breakdown in information systems or telecommunications networks?

In the case of an Internet outage, orders could be placed by phone. The functionality for sending assets, as well as VRC notes and coins, could serve as an alternative currency in the case of a breakdown in telecommunications.

The VeraCash system was designed to be operational, even during crisis periods. Alternatives have been put in place to enable you to continue using your precious metals under any circumstance.

In the event of a widespread Internet outage, you would be able to buy and sell precious metals by phone. In extreme circumstances, we would use a system which allows value to be sent by text message.

In the event of a breakdown of telecommunications networks, you would still be able to send assets. We might even decide to create VRC coins and notes (our parent company already mints its own coins) to serve as an alternative currency.