MCOIN (MCOIN) is a digital cryptocurrency designed to operate on a decentralised blockchain network. It facilitates peer-to-peer transactions, allowing users to transfer value and assets without the need for intermediaries like banks. As a digital currency, MCOIN leverages cryptographic principles to secure transactions and control the creation of new units.

MCOIN is primarily used as a medium of exchange, enabling users to conduct transactions within its network. It can be utilised for purchasing goods and services, remittances, and other financial transactions. Additionally, MCOIN may offer features such as smart contract functionality, allowing users to create and execute self-executing contracts with predefined conditions directly on the blockchain.