SoarCoin is an open-source Ethereum-based cryptocurrency similar to the original version of Bitcoin. It aims to increase the level of transparency and efficiency of the user's transactions and payments. The currency wants to enable real-time banking that
can be done everywhere and at any time. There are no limitations to the payments that can be made and the transactions are guaranteed to be completely secure. The platform has low fees and a limited total supply of 5 billion SoarCoins.
SoarCoin was developed by a company named Soar Labs, based in Singapore. It wants to increase the influence and popularity of the blockchain and strengthen the Fintech community in South East Asia.