Vircle - Kuala Lumpur

Vircle is a financial technology that allows people to establish cashless commerce networks with an emphasis on the well-being of society. It was originally designed as a cashless school and a peer-to-peer subsidy system. In this system, the provider grants recipients consumption entitlements such as cash value or certain goods like nutritious foods and groceries, backed by digital entitlements. When the recipient actually utilizes these entitlements, the payment is processed in the background, allowing the provider to keep track of the consumption.