As the trade market becomes much more wider day- by-day, new innovations and more traders plucking into the advance means of trading with ease via CRYPTOCURRENCIES and FIAT currencies ( ,Thanks to cryptocurrencies, we have a great way to receive and send money. so much trader's would have been looking forward to a day where there will be a connection between FAIT currencies and CRYPTOCURRIENCIES, instant payments in any Cryptocurrency when transactions occurs, an decrement in the total cost of each transactions made and where most favorable execution for customers can be guaranteed.
BOOM! Here comes the great news XCARD'S!
What's XCard's?
XCARD is an all-in-one digital wallet & the most convenient crypto credit card. It enables you to perform any financial and cryptocurrency transaction in real-time, with no limits. XCARD makes your experience with crypto as easy as FIAT money whether it's your first time, or if you're an advanced user.
XCARD is a part of the Mobilum ecosystem which consists of a wall XCARD
ard, exchange & foundation API. All these features combined create a leading “any to any” instant payment platform and point of sale system that integrates crypto and fiat currencies with the most convenient payment methods – cards, wire transfers and wallet to wallet transactions. With XCARD you can pay or receive a payment, the buyer and seller decide which currency they use – independently.
XCARD provides the best execution rate, immediate transaction execution and the lowest fees on the market.
Objectives of XCARD.
Thanks to cryptocurrencies, we have a great way to receive and send money. However, it is almost impossible to pay with cryptos or tokens in any regular shop, taxi or even online. You have money in crypto but you cannot spend it. Millions of people – who can’t do anything with their wealth. So XCARD came up various means to tackle the following;
No Opportunities to Pay With :There are a lot of reports Cryptocurrenciesand stories that tells how to spend crypto in a trendy new bar or a corner store where the customer can pay for drinks or snacks in Bitcoin, Ether or whatever new cryptocurrency. However these reports are vastly exaggerated and the reality looks different. The number of commercial establishments that accept crypto is estimated much lower than 0.1% worldwide.
Overly long settlement intervals:The main feature that was and is responsible for the enthusiasm with which the blockchain is greeted in many industries is at the same time the root of one of its major problems: the consensus mechanism. At their heart, Proof of Work, Proof of Stake and other approaches to consensus are designed to disincentives cheating and fraudulent transactions in the system. Honest transactions are confirmed by network participants. However, the distributed nature of this process makes it slower than systems that rely on centralised authorities, such as classical credit card payment systems. In the latter, the merchant receives immediate confirmation of a successful transaction and can be safely assured that the transfer of funds has actually taken place. Not so in cryptocurrencies.
High Volatility and Exchange Rate Risk: Due to their technical concept – consensus mechanisms and redundancy – cryptocurrency transfers may be fast, but are not instant and real-time. Thus, in the time that a coin needs to be transferred from one address to another, the exchange rate may have changed significantly, especially in times of high volatility. This will be true as long as people pay most of their living expenses in FIAT currency.
Risk of Fund-Freezing: The idea that the use of cryptocurrencies will render your business or personal funds independent of the influence of untrustworthy or even malicious third parties is a common misconception. Current solutions for convenient spending of cryptocurrencies rely on a traditional electronic purse: a so-called pre-paid card model. This makes you dependent on one particular card issuer, a classical centralized third party that blockchain technology once promised to make redundant. Full dependence on one supplier is never a good way to manage risk. The vendor may stop supporting cryptocurrencies at will, at any time or change their terms and conditions as they please. This has been recently exemplified by cryptocurrency exchange Coinbase, who chose to freeze the Wiki Leaks account without providing their reasoning behind this to the public. What if tomorrow your business model, your industry or the country that your business is based in is considered unacceptable by your payment provider?
High Inflation in FIAT Currencies: The US Dollar has lost 90% of its value during last 100 years, not to mention the Indian Rupee, Venezuelan Bolivar or Russian Rouble. In fact, most of the currencies that powered national economies 100 years ago have ceased to exist. Most currencies in the developing world and so-called emerging markets are not considered stable by American or European standards. Their elite and the emerging middle classes are looking for investment opportunities to devaluation funds safe from hyperinflation and devaluation.
How does XCARD works?
XCARD enables cryptocurrency spending on any existing credit card, debit card or prepaid card. You need to have an existing relationship with your bank or card provider who provides you witha physical payment card. You can then top up this card using cryptocurrency or receive a loan on your card against cryptocurrency collateral. Note: The processes described in this paragraph are indicative and will be fine-tuned at the implementation stage of the project, to reflect the best possible customer experience for the service end users. All activities of XCARD in the area of payment cards will follow respective international card schemes rules and regulations, and will be implemented under proper licenses held either by XCARD’s business partners and service providers, or the company itself.
XCARD APP & BIOMETRIC CREDIT CARD
XCARD also issue out its own payment cards to make your payments ultimately convenient and instant. In order to use the service you need to download XCARD Mobile app. The card is available for new users instantly in the form of a virtual card after signing up to XCARD Wallet. T he XCARD app connects cryptocurrency with your XCARD crypto credit card. The app is available for iOS and Android mobile phones.
![IMG_20190907_100730.JPG]
(
XCARD is loaded with a lot of functionalities that can’t just be summarized in this write up, so I will implore you to visit their website today and check it out for yourself in order not to miss out.
For more information about XCARD.
Website: https://xcard.io/company.html#team
Telegram: 
Facebook: @xcard.io
My Bitcointalk username:
Aweezy
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=2665496;sa=summary
