The M10 Wallet app is used to send/receive tokenized fiat money (not cryptocurrency) to/from other users in the M10 system. The app connects to the M10 digital money rail. Participating banks also connect to the M10 digital money rail. Digital money is tokenized fiat money; not cryptocurrency. Digital money is not held in the app on the phone, but in an account on the server which is backed by funds at the participating banks.