Digital tokens backed by FIAT currencies that provide individuals and organizations with a robust and decentralized method of exchanging value while using familiar units of account. FIToken runs on a decentralized platform and is not affected by fraud, censorship or third-party interfaces. FIToken is based on the ethereum architecture and inherently provides protection from fraud, censorship or third-party interference. FIToken can be integrated with merchants, exchanges and wallets as easily as Bitcoin or any other cryptocurrency can be integrated. FIToken represents a broader and more dynamic concept of value exchange. On the other hand, it can be used as payment for network applications and services, and as an incentive to create and use open source platforms.