Digitize coin - Convert loose change into cryptocurrency. Instantly. (Making Cryptocurrencies More Usable)

The shift away from cash to digital forms of currency and payments seems inevitable and a benefit to nearly all market participants. The invention of Bitcoin in 2008 seemed to offer a pathway for this shift to digital. Yet, A big challenge for mass-adoption is the ease of purchase. Now, obtaining cryptocurrency can be a technically challenging process.

With the high cost of physical currency and a clear trend of moving to digital currency, there is a compelling need for a simple and seamless platform for consumers to be able to simply and quickly exchange physical currency for the cryptocurrency. Therefore, Digitize coin is here to solve this problem.

What is Digitize coin?
Digitize is an ecosystem which will provide users with a digital wallet, and allow them to save their loose change and cash digitally, at the point of a transaction. Digitize removes the need to carry loose-change and promote the transition from a cash to a digital-based economy, which will reduce physical currency manufacturing cost, as well as reducing the challenges associated with physical change.

The Digitize ecosystem will also strengthen the cryptocurrency market by bringing an additional revenue stream into cryptocurrencies through loose change. Although the majority of the western world is adopting digital payments, many developing nations are still widely run on cash transactions. Digitize aims to assist in the transition of cash into digital wallets.

Digitize is targeting the general public and consumer directly by solving a real-world problem. Most cryptocurrencies today are tech-heavy and hard to understand for the average consumer which is a barrier to the mainstream adoption of the technology. Digitize plan to solve this by developing a service that helps consumers convert loose change to virtual currencies and remove the frustration of carrying and saving loose change entirely. By making this process a simple and seamless experience, Digitize can help bring the public into the crypto world, one coin at a time.

The Digitize platform will be a readily available mobile application which can be downloaded by virtually anyone. Digitize will offer a range of online tutorials and manuals for the public to view and understand the operation of the application and platform. Saved digitize tokens can be used as payments to registered retailers, used to exchange into other cryptocurrencies, invest into the crypto-index or withdrawn from local currencies. Users will be undergoing complete KYC to ensure regulatory compliance.

Mobile Application
Digitize coin will be publishing a website and mobile app for both Businesses and Consumers to use which will make it easy to transact and store Digitize Tokens. The app will be available for both Android and IOS platforms.

CONSUMER APP
Consumers will be able to log in and view details of their Digitize account, their wallet, transaction history and view discounts and promotions from retailers.
The consumer app contains the following tabs:

Wallet

Shows the amount of Digitize tokens the consumer has, and the value it holds in local currency;
Provides an option to deposit funds through cash or to deposit change at the point of a transaction.

Exchange

Shows the amount of cryptocurrency the consumer holds, and the value in local currency;
Provides a means for the consumer to exchange between DTZ and ETH.

Payments

Shows the Number of digital tokens the consumer holds. All supported cryptocurrencies included;
Provides a means of payment using supported cryptocurrencies the consumer holds.

Rewards

Displays the amount of Digitize tokens received through feedback rewards;
Displays special discounts and promotions retailers have active in store.

The consumer app will be securely protected and also include 2 step authentication, as an optional security measure. The app will be available for both IOS and Android.

BUSINESS APP
The business app and website will provide businesses with a dashboard where they can see the amount of Digitize tokens they have as a balance, the value of Digitize tokens they have, and other businesses that are on the Digitize platform that they may want to cross-market with. The app will also provide businesses with a platform to set up promotions and discounts, rewards programs and receive feedback from consumers.

The Business app contains the following tabs:

Wallet

Shows the amount of Digitize tokens the business has, and the value in local currency;
Provides an option to send funds to consumers which will then generate a QR code.

Exchange

Shows the amount of cryptocurrency the business holds, and the value in local currency;
Provides a means for the business to exchange between ETH and DTZ.

Payments

Shows the number of digital tokens the business holds;
Payments supported through DTZ and ETH;
Provides a means of payment using supported cryptocurrencies the consumer holds.

Rewards

Displays the number of feedback rewards;
Option to set up rewards, promotions, and discounts on the business platform, for consumers to see.

The app and website will provide access to video tutorials for businesses on how to use the various functions including facilitating deposits and payments, creating reward programs, manage promotions, and generating reports to identify what promotions/rewards are working and potential areas where they should look to expand into.

The app will be published as open source software on GitHub and serve as the formal reference implementation. The app and website will both be securely protected with two-factor authentication.

Complexity
One of the hardest problems in crypto is how to reduce the complexity of dealing with cryptocurrencies. Currently, in order to buy or hold cryptocurrencies, typically involves registering at an exchange, wiring funds, and setting up a wallet. These steps, for those not familiar with the crypto-currency market, can be challenging. Digitize solves this problem through several end-user layers including a mobile wallet and mainstream adoption.

The Mobile Wallet
The mobile wallet solves the challenge of handling private and public keys. Instead of managing a long and complicated Blockchain public key, it may be preferable for end users to simply maintain a password-based system that is more familiar. Increasingly mobile devices can be secured by fingerprint or face recognition. The Digitize mobile wallet will be available to both consumers and retailers enabling seamless transactions and deposits.

Mainstream Adoption
Digitize’s aim is to promote mainstream adoption of cryptocurrency. Our target in achieving this goal will be realized through enabling the conversion of loose change into crypto-currency at the retail point-of-sale which will then be held on an easy to use mobile digital wallet. The Digitize mobile wallet will be available on Android and IOS markets to download and use by anyone. In addition, there is no restriction of the type, size, or location of a retailer who may use the app. This combination of features allows retailers to quickly onboard onto the Digitize platform and start using QR codes and Blockchain technology to help users convert their change to crypto.

Digitize coin Ecosystem
The Digitize ecosystem will become the first global decentralized consumer ecosystem assisting the transition to virtual currencies through the conversion of loose change. Through Digitize, consumers will have a platform to convert and exchange their loose change for Ethereum to invest in a crypto index token. Digitize also offers retailers a rewards platform, where they can award feedback rewards or offer discounts through the use of Digitize tokens.

To become an ecosystem participant, a user downloads the Digitize mobile application, which will be available on all popular app stores. The user then creates an account on the Digitize platform, either as a consumer or a retailer. During the registration, the user will undergo a complete know your customer (KYC) and anti-money laundering (AML) and then the system will create a user profile and a wallet for the user. Each user will be provided with a wallet that preserves all data in the decentralized database and allows interaction with other parties, utilizing smart contracts. Digitize also plan to place the Digitize token on cryptographic token exchanges, giving an opportunity to openly buy them (to residents of countries where the purchase of digital tokens does not violate local laws).

The ecosystem will be built in accordance with a scalable and decentralized approach that ensures stability and sustainability in the long term.

The ecosystem will involve the following participants:

Platform: The Digitize platform is a decentralized marketplace that allows retailers to join, offer to Digitize tokens for sale, carry out promotions and receive feedback from consumers. It enables consumers to purchase cryptocurrencies at the point of sale and participate in rewards programs.
Retailers: Retailers are companies or individual retailers in the business of selling products and services, directly to the public. They range from local corner shops, petrol stations, to large grocery stores. The retailer adoption of the Digitize platform is an important role for the success of Digitize, therefore, the Digitize ecosystem was strategically planned to be available on a free mobile application, for any retailer in the world to install and use. We incentivize retailers to use the platform by providing transactional revenue of 2% each time a consumer deposits change into their wallet. Furthermore, the publicity, marketing, and consumer demand received by announcing a crypto-partnership will provide large-scale benefit to the retailer.
Consumers: Consumers are the individuals that will use Digitize services. Consumers will be required to download our mobile application and complete a KYC process to access the Digitize platform and will be able to access an online suite of tutorials and manuals to learn how to use Digitize.

The Blockchain In Digitize coin
The Digitize platform is designed as a very high-load system. The market potential for the Digitize ecosystem consists of millions of users, each of them making hundreds of transactions per year. The main focus of Digitize is on performance which will be provided through the predictability, stability, and ease of implementation of smart contracts.

The blockchain is a distributed ledger technology, which became popular after the launch of Bitcoin and has been used for both thousands of crypto-currencies and increasingly in non-crypto applications.

Digitize platform use the most proven and scalable open source technologies and constantly monitor alternative technical advancements.Digitize makes use of the blockchain technology, which is a decentralized form of technology that updates digital ledgers to avoid any form of hack. All the digital ledgers are linked to one another, this way hacking would be impossible because all the ledgers cannot be manipulated at the same time.

The Blockchain is applied in three aspects:

Smart contracts: which are basically self – executed terms of the agreement between the merchants and the consumers directly written into lines of codes. This allows for trusted and fast trading among people without the need to involve any form of external enforcement.
Payments: This is highly beneficial for the consumers since the Digitize blockchain technology creates an avenue through which consumers can save loose change directly at the point of purchase while simultaneously making payments with their digital wallets. The merchants also gain from the consumer’s instant payments as they are entitled to a percentage of 2% during each consumer’s deposit of loose change into their digital wallet.
Exchange platform: The Digitize exchange platform is a decentralized form of trading where the merchants and consumers carry out their trade. Merchants join Digitize using this platform, they can also sell Digitize tokens to consumers and receive feedback from consumers.The consumers are enabled to purchase tokens and participate in rewards programs through this platform.

Digitize coin is set to achieve a very important feat, and that is to make cryptocurrencies more usable. With the blockchain technology, which serves to benefit both the retailer and the consumer, rewarding both parties, and bringing about trusted and swift transactions among numerous anonymous people, Digitize’s aim of making cryptocurrencies more usable is already a reality.

Digitize Token
The Digitize token is a core component of the Digitize ecosystem and is designed to facilitate transactions and operations on the Digitize network.

Token symbol: DTZ
Digitize Token Contract Address: digitizecoin.eth

The Digitize token is planned to be the only means of exchange for handling all types of rewards and one of the means of payment within the Digitize ecosystem. Digitize tokens will be able to be exchanged for local currencies, and other popular cryptocurrencies. However, change deposits and payments on the Digitize ecosystem will only be accommodated with Digitize tokens.

Digitize Token Usage:

Retailers

Loose change deposits, promotions, cross-marketing, feedback rewards;
Minimum balance required as per the Digitize platform;
Accepting payments.

Consumers

Loose change Deposits;
Payments;
Exchanged for Ethereum

Digitize

Referral rewards to consumers and Retailers

Token Sale
The total Digitize token supply is 200,000,000. The total supply is split by 10% and 50% to the pre-sale and ICO main sale respectively.

PRE-SALE
Start date: 11:00 AM (GMT) on 06 April 2018

Bonuses: PRE-SALE discount is set at 25%
Exclusive Discounts: For contributions of 50 ETH and more, can contact [email protected]

TOKEN SALE – ICO
Start date: 11:00 AM (GMT) on 04 May 2018

Exclusive Discounts: For contributions of 50 ETH and more, can contact [email protected]

Token Sale Notes:

Any tokens not sold in the token sale, will either be burnt or distributed equally to existing token holders. Digitize will announce the option decided closer to the ICO date;
No token creation, minting or mining after the end of the ICO period;
Tokens will be transferable within 2 weeks once the ICO is completed;
If the soft cap is not reached, funds will be returned to the participants;
Upon reaching the hard cap, the ICO will end immediately;

The token distribution is proportional to the number of Digitize tokens generated:

For more information, Please visit the link below:
Website: https://digitizecoin.com/
Telegram: https://t.me/digitizecoin
Twitter: https://twitter.com/DigitizeCoin
Facebook: https://www.facebook.com/digitizecoinico
LinkedInn: https://au.linkedin.com/company/DigitizeCoin
GitHub: https://github.com/digitizecoin
KakaoTalk: https://open.kakao.com/o/geidB8I

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