Digitize - Platform to Convert loose change into cryptocurrency

Have you ever wonder how to handle the bunch of loose coins in the pocket. It is very inconvenient to carry loose coins while traveling. It adds extra weight to your pockets or bags. The simplest solution to solve this problem is converting them into paper currency or transferring it to the digital wallet. Chance of getting paper currency or convert them in paper currency might not be possible for everyone. As many retail stores will not provide the paper currency in the exchange of your coins. The only solution left is using the digital wallet to convert your currency easily. This is where the Digitize application comes in the picture.

What is Digitize?

The Digitize is a blockchain based ecosystem, and cryptocurrency platform allows consumers to convert loose coins into digital currencies. The consumer can ask the retail store that uses the Digitize application to transfer the loose change to your wallet at the point of transaction. The retail store member will use his phone to scan the barcode on your digital wallet to confirm your account. Once the account is confirmed, then he will send the change to your wallet. You will receive an instant message from the app about the received money. The wall statement will show the transaction alert and reflect the amount in your Digitize wallet.

You can use the Digitize token to make payment in any store where the Digitize token is accepted. It also has loyalty programs and exchanged for Ether. The Digitize wallet will work to Digitize piggy bank.

Physical Currency Challenges:

The government is already enforcing the local financial institutes and central bank to allow people spend money by using the digital system. The government wants to reduce the strain on physical currency. There is a wide range of disadvantages attached to the physical currencies. One of the big reason behind shifting from paper currencies to digital currencies is the large cost involved in manufacturing the notes and coins.

One report published by CoinDesk estimates the global production cost of the notes in 2014 as USD 26.5 billion and USD 1.5 billion for coins. The cost is calculated only considering the material and labor operational costs required to print the currency. There are may other expense such as energy costs; factory expenses are not considered in this amount. By looking at the amount, you can see we are wasting tonnes of money on the production of the paper and metal currency which can be easily converted to the digital currency. Now we have the very advanced technology, which is quite secure and reliable for managing the currency exchange.

Token Sale:

The Digitize token will provide initial funding to the company to enhance the development process. The company is building advanced technology that will change the currency market completely. It has potential to become multi-trillion dollars currency app in the world. The presale of the token is active now. People who have to believe in the Digitize platform growth can visit the official website for token purchase. Take the advantage of the ICO purchase and buy the token at the lowest price.