Digital tokens backed by FIAT currencies provide individuals and organizations with a robust and decentralized method for value exchange, using familiar accounting units. The FIToken operates on a decentralized platform, immune to fraud, censorship, or third-party interfaces. Based on the Ethereum architecture, the FIToken inherently offers protection against fraud, censorship, or third-party interference. FITokens can be integrated with merchants, exchanges, and wallets as easily as Bitcoin or any other cryptocurrency. FIToken embodies a broader, more dynamic concept of value exchange; alternatively, it can serve as payment for web applications and services, or as an incentive for creating and utilizing open-source platforms.