KRONN is a real-time Fiat money transfer system and uses two hash algorithms to transfer coins to places connected to financial power, and then to Fiat where they want to exchange actual money and money at a much lower cost than conventional banks. Users will be able to transfer fiat to anyone, anytime and anywhere in the world. This is done by exploiting the domestic transfer system in place in all countries that allows fiat transfer from any KRONN user to any other KRONN user in short amount of time.