Introduction
With the current expansion of the financial exchange market and the introduction of mobile and digital wallets, there arises a need to have a simple and easy to use portal which will help users with conversions. There have been many attempts in the past where they tried to make a bitcoin card that offers a decentralized bank, but it has always ended in vain, despite the fact that there has been a lot of money invested.
Hash Card converts cryptocurrencies to traditional currency in real-time, and is accepted at tens of millions merchants and ATMs. The primary USP of Hash Card is that it comes with ease of use and simple functionalities that makes it a mush have card for everyone.
Key Features
The purpose of Hash card is that it can replace the need for credit/debit cards and can be used in all places. It works both online and offline. IT is basically a regular credit/debit card, except for the fact the users are exchanging in Ether, Bitcoin and other 25+ altcoins. The Hash Card also provides the users the chance to exchange money at precise interbank exchange rates using Hash Card App. The users are also given the option of Free and real-time transfer of funds between Hash Card App users.
In order to be a part of the network, the users have to complete a very simple, 3-minute onboarding process which involves remote KYC. Once this is completed the Hash Card will be issued and distributed free to customers. The Hash card allows users to transact real-time payments without first needing to convert the cryptocurrency in their wallet. They have implemented the highest form of security via using SABSA. Hash Card entire website traffic runs exclusively over encrypted SSL.
(Sherwood Applied Business Security Architecture) framework. This basically helps them Secure Code Development, Information Security Roles & Responsibilities, Security Testing Framework, Identity Management, Authentication and Access Control Standards, Involvement of Executive level management and the Board on cybersecurity and so on.
The ICO and token details
The token is denoted by the symbol HSHC and the price is set at 1 HSHC = 0.10 USD. IT is a Utility Token which is governed by ERC20 Ethereum technology. The Total Token Supply is fixed at 150,000,000 with a Hard Cap $9,000,000 / 90,000,000 tokens and Soft Cap $3,000,000 / 30,000,000 tokens.
The token discount is as follows
• First 48 HRS 30% Bonus Min. Contribution $100.00
• Days 3-12 20% Bonus Min. Contribution $50.00
• Days 13-22 15% Bonus Min Contribution $25.00
• Days 23-32 10% Bonus Min Contribution $5.00
• Days 33-42 5% Bonus Min Contribution $0.10
About the team and Conclusion
Their roadmap until Q4 of 2018 looks very promising with the introduction of Corporate and Salary cards. The Hash Card vision is to make cryptocurrency a part of people’s daily life via an IOS and Android user-friendly wallet combined with a debit card. They have an excellent team members who are visionaries in the field of blockchain technology. Do visit their website at https://hashcard.io/ to know more details about them and their progress.
To know more visit
Website:https://hashcard.io/
Whitepaper:https://hashcard.io/downloads/WhitePaper-HashCard.pdf
Published By:karanj
Btalk Profile:https://bitcointalk.org/index.php?action=profile;u=1030341
Great idea but it may lack to get the throughput possible to achieve this. I just wrote about the QuarkChain ICO which promises more than 1 mio TPS. Are they able to handle such a volume?
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