The existence of physical banking have been in action for years and still very much active nowadays, transaction in whole started seeking for a new circle to revolve round due to some defects found in physical banking. Man feel transactions can still be done without going through some stress presented by physical banking. This writing will be giving insight of how those defects are easily solved and seen into.
TIME
When you bank online, you do not have to worry about business hours. You should be able to access your account at any time, which means you can pay bills, transfer funds and check your balance whenever you want. Banks that are exclusively online offer this ability, as do most traditional banks that also offer online access. If you choose a traditional bank that does not offer online banking, you will be missing out on the extreme convenience this service offers.
SECURITY
Handling of physical currency can be so risky as far as a man is concerned, there are pressure that the money could get stolen,missing or used for things not even budgeted for at all. There are different risk accompanied to the handling of cash but to mention few: fire, fire is an accident that can occur anytime, it does not not need the approval of man to happen. Events like this are triggered by mistakes, if such situation happen to someone in possession of cash, there is probability of total lost of the cash. Drama like this has caused a lot of scene in the life's of those who fell victim, victims either return to the level of strong poverty, or even commit suicide. Scenario like this really saddens the heart. Thereby, the solution to this problems have been seen into and started operation.
The diverse of problem as par physical currency has made the masses move to digital currency,a more reliable and save option for consumers to do fine and save transaction without the defect has owing to time or security for cryptocurrency which the Digitize platform intend to solve.
!
source
Carrying coins in your pockets or wallet can be frustrating and uncomfortable for most. Further, purchasing of cryptocurrency can be daunting for the average consumer and the cost of producing, transacting in, and carrying physical currency is high. Digitize allows consumers to instantly convert spare change to crypto at the point-of-sale making it easy for consumers to purchase crypto as well as save change into a digital piggy bank.source
Digitize coin is an ecosystem that provides user with a secured digital wallet with features like saving and quick transaction embedded in it. In Digitize platform, carrying of physical currency about is useless because all transactions are digitized. This will reduce the physical manufacturing cost as well as reducing the challenges associated with physical change.
Digitize coin has an enabled mobile application which is available to the crowd and accessible by all. The application holds the digitize wallet or coin in it.
Digitize platform allow users to easily convert and exchange their loose currency for cryptocurrencies, Being the first global decentralized consumers ecosystem platform to integrate this, thereby helping the transition of physical currency through the conversion of loose exchange.
Digitize app comes with finger print and face detection technology for real time security verification. This is in a bid to accelerate the mass adoption of the digital currencies. Wallets are strongly secured, no fear of account being hacked into because, you don't need a backup option like every other wallets does which can be exposed and make account visible for Scam.
Digitize Token details
source
The digitize token is an Ethereum based blockchain, used as a form of Symbol to perform any transaction and also a means of payment within the Digitize Ecosystem. With Digitize token you will be able to exchange for local currencies including other popular cryptocurrencies.
After the ICO, every contributors will be given their Digitize token via the Ethereum wallet
source
For further information on Digitize coin, you can Visit:
Website
Whitepaper
Telegram
Twitter
Facebook
I am Cuthbertola on Bountyhive join me via link
Thanks for the information. The blockchain technology has a lot of advantages yet to be explored...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
you most welcomed bro
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is very nice...... Loose cash to cryptocurrency is a good one. Thanks for bringing this up
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for seeing sense in this project bro
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit