DescriptionPenceCoin is a cryptocurrency for the contract and remittance. PenceCoin is optimized for financial transactions, from peer-to-peer money transfers to overseas remittances and trade settlements between companies. PenceCoin implements smart contract on the network, which realizes that users can fo a ‘trustless’ financial transaction. For the better usability and accessibility of the smart contract, a mobile wallet will be provided that simplifies the processes of making and transacting with smart contract conveniently. Furthermore, PenceCoin provides secure transactions based on the improved privacy feature.