DIGITIZE COIN - CONVERTS USERS CHANGES IN CRIPTOMOIDS FOR DAILY TRANSACTIONS
DIGITIZE COIN - The Australian financial technology startup Digitize Coin offers its users a way to collect the change of their purchases, convert them into digital currency at the point of transaction and spend them as they wish. The change is tokenized by the Digitize currency, allowing it to be used in payments, loyalty programs and even exchanged for Ethereum. Digitize is currently pre-ordering its tokens, which begin April 6, 2018 to raise funds to move forward in the development of the platform.
Have you ever wished you could get rid of the change? Well, soon this will be a reality, with the new system based on the blockchain of Digitize Coin. Its new service will give users the freedom to exchange their physical exchange for digital currency at the point of the transaction and place it in a digital wallet. The change can be collected in the portfolio, converted into several different currencies and then spent on future payments.
Digitize Coin aims to fill the gap between Blockchain's technology and the everyday consumer. Most of them today do not really understand the potential applications of blockchain technology, and Digitizr wants to use it in a way that is accessible for day-to-day use by solving a real-world problem.
To use the Digitize platform, applicants must simply download the application, register and complete a KYC (Know Your Customer) application. Once the user is approved, he will then be eligible to deposit money either in the form of exchanges or by making a direct purchase through his digital wallet. Transactions will occur at retail stores registered with Digitize through a secure and cost-effective application.
Umer Aslam, founder and CEO of Digitize Coin, describes the solution the service will offer to the public, stating:
"Most of the public still see the purchase of crypto-coins as a nightmare - especially given the technicalities involved. Digitize will make this process as simple and easy as using cash, through registered retailers. In addition, with recent credit card embargoes and debt payments worldwide, there is an even greater need for a money-based buying platform. "
Consumers will benefit from low transaction fees and retailers will create an additional source of income. Holders of the Digitize token can also securely convert their tokens to other crypto coins such as Ethereum, withdraw in national currency or invest in a crypto-coin related index fund.
In addition to its main application, Digitize Coin will facilitate over-the-counter transactions of up to $ 5,000. This means that Digitize users will be able to make individual purchases of up to $ 5,000, a single service that is not being offered by any other multi currency exchange service.
A large group of some of the world's largest banks recently discontinued crypto-coin related credit card transactions, leaving an open space for an integrated platform to exchange physical currencies for crypto-coins. In a world that is becoming more restrictive, Digitize Coin will offer a way for the everyday consumer to get rid of the swap problem while using crypto coins for routine transactions.
The Digitize platform is still in its development phase, but the core team expects to have a release date for the Alpha version in the near future, and is currently working hard to ensure that the finished product is as refined and efficient as its ambition describe.
Pre-order token Digitize
The pre-ICO of Digitize Coin begins on April 6, 2018 and runs until April 13 of the same year. Investors can purchase Digitize's ERC20 token (DTZ) using ETH. The initial value will be 1 DTZ = 0.0002 ETH. Pre-sale investors will have a 25% discount.
The total offer will be of 200,000,000 DTZ. The maximum pre-sale capitalization was set at 10% of the total stock, while the minimum is at least 600 EHT.
About Digitize
Digitize Coin is a new financial technology startup using the Ethereum blockchain. It was founded in November 2017 by Umer Aslam, who previously spent his career at IBM and Westpac, one of Australia's four largest banks. Its growing team consists of former employees from IBM, Sony, Expedia, IRESS, AMP and the Commonwealth Bank of Australia, also one of the four largest in the country. Digitize has an office in Sydney, Australia, and is currently in the process of establishing an office in Singapore, which will be its direct connection to South Asian markets.
Digitize is the source of this content. Virtual currency is not a currency, it is not backed by government and accounts and value balances are not subject to consumer protection. This press release is for informational purposes only. Information does not consist of investment advice or offer to invest.
Website: https://digitizecoin.com/
Whitepaper: https://digitizecoin.com/whitepaper?
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1156400 (dxgam)
ETH Address : 0x9E5239595567714bD7B852540a7166eE098d03E8
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