'Havven' is the name of an innovative new decentralized payment platform that is designed to make it possible for cryptocurrency assets to be used as a predictable and reliable means of payment.
The one big hurdle that's blocking many cryptocurrencies from becoming viable forms of payment is the fact that these coins are highly volatile and come with extraordinarily high transaction fees. This is where Havven comes in. By using a stable digital asset to function as currency, the platform lets people trade in both stabilized tokens as well as so-called 'havven' tokens that act as collateral.
The project is currently raising funds through an initial coin offering that aims to distribute 60 million tokens to kick off a project that could bring some much-needed stability to the highly volatile world of cryptocurrency payment.