Verify Smart Corporation (VSMR) announced that it has signed licensing agreements with Legacy Financial Systems Inc. and USBIGCOIN, LLC. The companies are also in discussions to form a joint venture to create a totally secure financial transaction platform that other crypto currency organizations and financial institutions can leverage which could standardize and secure the crypto-currency and financial marketplace. 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 (supported by Verify Smart’s secure authentication IP). Each Legacy token represents one Swiss Franc which is held in reserve. USBIGCOIN is a crypto currency that will be backed by a monetary instrument yet to be determined. USBIGCOIN is the owner of a U.S. Patent that provides a time-stamping “method and system for currency exchange” which will greatly enhance the transparency of the cash conversion process at the ACTUAL POINT OF CONVERSION. The Joint venture will be headed up by executives from the three companies and will provide a totally secure digital solution for not only the volatile crypto-currency marketplace but financial SWIFT transactions as well. 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 merchants, fraud and charge backs will be greatly reduced by utilizing the proven and patented Verify Smart two-factor authentication technology as well as facial, retina and fingerprint recognition.