Verify Smart Corporation announced that it has signed an MOU with Legacy Financial Systems Inc. (LFS). Legacy Financial Systems has developed a crypto-currency (called Legacy) that is a digital token backed by the Swiss Franc (CHF) for global, ubiquitous transactions (backed by Verify Smart’s secure authentication IP) in a familiar, less volatile accounting unit. Each Legacy token represents one Swiss Franc which is held in reserve. Currently Legacy is one of the first “Currency” backed crypto-currencies in existence. Legacy provides a stable and secure digital platform that virtually eliminates the volatility of other crypto-currencies. Legacy Financial Systems’ payment and settlement platform provides safe, secure transactions for individuals, via digital wallets, and with almost no fees and commissions. Also, for merchant’s, fraud and chargebacks will be greatly reduced by utilizing the proven and patented Verify Smart two-factor authentication technology. Verify Smart Corporation will provide LFS with a global license to utilize its patented technology for use in all of their crypto-currency transactions for a percentage of revenue. LFS will have the right to reoffer their proprietary platform for use by other crypto-currency organizations as well.