Abstract: Systems and methods for securely processing one or more digital transactions between a sender and a recipient using smartcards assigned to the sender and the recipient. Stored on each smartcard are the asset balances of one or more accounts owned by or accessible to the user of the smartcard. If internet access is available at the time of the transaction, a record of the transaction may be uploaded to a secure and auditable storage structure. If internet access is unavailable at the time of the transaction, a record of the transaction may be securely stored by both the sender's smartcard and the recipient's smartcard. When internet access becomes available, the transaction records may be transferred to the internet by a terminal and deleted from the smartcards. Records of the account balances of the users of the smartcard would be updated in accordance with the transaction.