How XCARD Become The Perfect Crypto Wallet
Ever since the creation of the blockchain ecosystem, the newly created financial institution keeps growing with the adoption by the community. Since the innovation of the blockchain technology, the major problem facing this financial institution is the less usage in transactions by the business financial sector. A recent study pulled show that less than 0.1% of business financial institutions in the world use blockchain for transactions on their platform due to its
- High volatility and charges rate risks
- Risk of fund freezing
- High inflations in fiat currencies
Why XCARD Is Branded The #1 Blockchain Project
The XCARD is a secure crypto credit card branded by the visa inc which connect fiat currencies and crypto assets in real-time which can be use for instant settlement of payments. This virtual crypto card wallet allows the trading of crypto currencies faster and easier with more than 200 crypto tokens register on the card. The x-crypto integrated card makes the trading of financial currencies possible between blockchain and financial institutions directly and indirectly in real time. This crypto inbuilt card is available to users on the XCARD cryptocurrency wallet app by connecting the XCARD card with crypto currencies.
The XCARD platform supports both individuals and enterprises as clients. The XCARD agrees to all the terms and conditions under which the card is issued and remains the property of the xcard platform and the affiliate trademark authorizing the card. The platform is kyc enable and authorise accounts only when the user is verified. Users can connect their existing debit cards through the xcard app.
Why MBM Is A Perfect Example Of Utility Token?
XCARD is the only available biometric secure crypto credit card wallet. The mobilum represented by the MBM ticker serve as an utility token on the network. The mobilum MBM is a financial payment service which connects both the fiat and crypto in real time with a fast transaction processing network and low txn fees. Smart contracts which is supported by the MBM tokens created on the XCARD platform. Mobilum connects crypto currencies with any financial payment card. The XCARD utilize the mobilum network API to produce the first advanced digital secure multi-currency crypto credit card.
What Makes XCARD Special When Compared To Other Similar Projects?
The XCARD mobilum platform complete with other top financial companies but none of these companies provides users with the best financial service as XCARD does. Unlike the coinbase exchange which limit its users to just 4 digital assets, the XCARD allow users to access more than 30 different digital assets on the platform. The XCARD network operating modes is similar to the Abra network which is also a multi assets trading platform but XCARD which is powered by the MBM tokens is based on specific economic earning system. XCARD provides users with both credit and debit cards compare to Revolut which is limited to debit cards only. Most exchanges such as TAP use ETH, BTC and LTC as collateral for loans issued to users, XCARD improvised this phenomenon by extending its collateral up to 30 digital assets.
Functions Of XCARD Wallet
LOANS
The XCARD wallet offer loans to its users by using their crypto currencies as collateral. The platform change interest on loans longer than a day.
TOPPING UP
Top ups will be made on the XCARD network.
XCARD Supported Payment Trademarks
The XCARD platform will support all payment cards (inc. and other trademarks) with a verified bank account number.
Conclusion
XCARD serve as a banking alternative which connect both crypto and fiat currencies in real time in a cryptocurrency credit card. Clients utilizing the XCARD will be able to perform crypto and financial transactions by connecting their credit card with their xcard wallet.
To read up about the xcard; http://xcard.io/static/XCard-Whitepaper-21082019.pdf
XCARD Official Website; https://xcard.io/
XCARD Twitter; https://twitter.com/xcardbymobilum
XCARD Facebook; http://www.facebook.com/mobilumcom/
XCARD Telegram; https://t.me/mobilumcom
XCARD Medium; https://medium.com/mobilumcom
XCARD LinkedIn; https://www.linkedin.com/company/mobilumcom