Tectum’s SoftNote is a transactionless payment system with instant payments and zero fees. Tectum uses its Bitcoin node and overlay network to facilitate on-chain transfers with low fees and fast transaction times. SoftNote can reduce transfer costs to zero and provide instant finality, making BTC a scalable global cash system. SoftNote enable fast and anonymous transactions by replacing them with handovers. SoftNote bills will be emitted using Bitcoin, Ethereum and USDT as a store of value and can be purchased through Tectum’s web wallet and mobile app.