Metal (MTL) is a blockchain network built on Proof-of-Processed-Payments to verify users and provide rewards for swapping legacy fiat into cryptocurrency.

Designed along the lines of bitcoin, Metal focuses on a more approachable experience, pairing its platform with a front-end that feels similar to Venmo, Square or PayPal.

Through Metal, users can use the system as a bridge to bitcoin or any other cryptocurrency that’s available.

While many small merchants around the world still accept only cash, that approach can become harder in a society moving toward cashless payments. In short, Metal argues that cash-only businesses can gain from adopting cryptocurrency as an additional form of cash-since cryptocurrencies share important traits such as privacy, censorship resistance and fungibility.

To deliver digital payments in an environment that already uses blockchain-based methods instead of relying on certain traditional banking pathways, Metal expects to help consumers save 4-5% on purchases.