A decentralized payment network released in 2014. It uses a cryptocurrency called Lumen or XLM. It is managed by a non-profit organization with the purpose of expanding access to low-cost financial services to fight poverty and maximize individual potential. It can manage exchanges between fiat-based currencies and cryptocurrencies.
It is based on a distributed network with a distributed ledger.
At the genesis block 100 billion Lumes were generated and every year there is a 1% inflation rate.