Digitize Coin - Convert Cash to Cryptocurrency. Instantly.

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Digitize Coin

Website: https://digitizecoin.com/

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.

Digitize is a blockchain-based ecosystem and cryptocurrency that allows consumers to convert loose change into virtual currencies at the point of transaction. The loose change is converted into Digitize tokens, allowing it to be used for payments, loyalty programs and exchanged for Ether. Think of Digitize as a digital piggy bank!

Problem

Do you hate carrying coins? Who doesn’t! Let’s face it, no one likes loose change. Whether its bulging in your wallet or jingling around in your pockets, loose change has many problems.

It takes up space in your wallet or purse.
Its a hassle to take out and spend.
It can be easily lost or dropped.

It's just an inconvenience to modern day life!

The Mission

To help the world transition from a cash based society, to a digital one. Most cryptocurrencies today are tech heavy and hard to understand for the average consumer - a barrier for the mainstream adoption of the technology. We plan to solve this by developing a service that helps consumers convert loose change to crypto and remove the frustration of carrying and saving loose change entirely. By making this process a simple and seamless experience we aim to bring the public into the crypto world one transaction at a time.

THE SOLUTION

Digitize will solve the problems of loose change by letting you convert it at the point of transaction straight into your own digital wallet and allow you to trade it for Ether or use it for future payments.

AN EVERYDAY EXAMPLE

Imagine walking to your local grocery store

You buy groceries for a total of $22.00

You pay with $30.00 in cash and coin

You scan your smartphone with the Digitize app at the mobile payments terminal

The transaction is verified, written and stored on the blockchain

You receive $8.00 in Digitize tokens

You can exchange the token for cryptocurrency or keep and use for other purchases

THE ECOSYSTEM

The Digitize platform can be setup on any portable mobile device for the merchant to use independent of their POS system. This will enable merchants to embrace Digitize without having to undergo changes to their payment setup. The Digitize device will allow users to be able to pay and deposit funds to and from the merchant's cryptocurrency wallets. Merchants will also be able to allocate and provide Digitize tokens to consumers as part of their loyalty programs and promotions.