Spendcoin is a cryptographic digital currency that currently operates on Ethereum’s Blockchain. When sending transactions to another party you don’t send to their name, address, email etc., you actually send to their public key hash provided by the user.
When you send the transaction it is broadcasted to the network through a hash transaction id (tx id) and confirmed by the network to be received by the end user.
Throughout the whole transaction the only public data available is the amount, the time, and the public key hashes. Not during any point does the receiver, the validator, or the network know who you are or why you sent the funds, thus creating a true peer-to-peer decentralized system.
Spendcoin will have the same features and more when operating on Cross Ledger