History of Italian Lira
The lira was the currency of Italy between 1861 and 2002
and of the Albanian Kingdom between 1941 and 1943.
Between 1999 and 2002, the Italian lira was officially a national subunit of the euro.
However, cash payments could be made in lira only, as euro coins or notes were not yet available.
The lira was also the currency of the Napoleonic Kingdom of Italy between 1807 and 1814.
The term originates from the value of a pound weight (Latin: libra) of high purity silver
and as such is a direct cognate of the British pound sterling; in some countries,
such as Cyprus and Malta, the words lira and pound were used as equivalents,
before the euro was adopted in 2008 in the two countries. “L”,
sometimes in a double-crossed script form (“₤”), was the symbol most often used.
Until the Second World War, it was subdivided into 100 centesimi (singular: centesimo),
which translates to “hundredths” or “cents”.
Year 2017, the Italian Lira reborn
A blockchain is a decentralized, distributed and public digital ledger that is used to
recover transactions across many computers so that the record cannot be
altered retroactively without the alteration of all subsequent blocks and the collusion of
the network. Blockchains grow constantly as a new block is ‘mined’ and are recorded in a
chronological format from the most recent to the least recent. It gives market
participants the opportunity to track their digital currency transaction without any
form of central record keeping. For every computer that is connected to the
network, there is always a blockchain copy that is dedicated to it and automatically
What is ITL
ITL (Italian Lira) is a Token (asset) crypto-currency
without the control of banks or governments
ITL is developed by a team of young people living on 5 continents
linked by a single project: create a payment system independent from governments.
ITL (Italian Lira) is a revolutionary invention.
Its essential meaning is money digitization.
ITL has been developed for you, the citizen looking
for a clear alternative for the economical future of
Without commissions or barriers, we believe in crypto-currencies.
We believe on a decentralized way that should be the key for
our economical future.
It’s possible, and together we can do It!
You can send money around the world in about three clicks,
confirmed in few seconds thanks to Ethereum blockchain
Have complete control of your financial information
ITL is a ERC20 Token based on Ethereum blockchain
ITL can be used for online and offline purchases, crypto trading and for all future payment transactions.
ITL is inflation proof because the maximum number of coins is set at 100 billion
which will be placed on the market in limited quantities year after year till the year 2032.
To guarantee non-inflation, the maximum number of ITLs will be limited and distributed by the year 2032.
Revenues will be allocated to the development of present and future ITL projects.
The first project is the realization of payment systems based on ITL technology with related PC and Mobile
interfaces and ITL debit card issuance in ITL with multivallet (ITL, BTC, ETH, EUR, USD etc.)
ITL Debit Card Wallet
Our development team is working on the realization of mutiwallet debit cards with conversion between
various crypto currencies and traditional currencies.
You can load ITL debit cards directly from your favorite crypto wallet or exchange
and converting to your preferred currency.
Wireless BlockChain P.O.S.
Payments can be made with P.O.S. terminals connected to the BlockChain with very low
network commissions for the shopkeeper of 0.1%
(as opposed to normal bank commissions ranging from 0.5% to 4% for the shop).
Payments will be made via various apps available for mobile phones, tablets, PCs,
watches and contactless debit cards.
You can buy and sell your ITL on these Exchange partners
Other exchanges will be added soon