Though bitcoin, the first successful crypto -currrency, was created to transfer value between two users from anywhere across the globe almost instantly, at very a low cost, it never really accomplished any of its desired goals. That's because, after transacting with bitcoin, you would still need to use a centralized exchange or Bank to revert back to Fiat currency for immediate use.
The same would apply for all the other crypto assets, given their limitted use and acceptance as compared to bitcoin.
Luckily enough after much anticipation, TenX, a financial service located in Singapore seems to be the most robust contender set to tackle these issues, yet to be resolved by others.
To resolve these issues, TenX created an iOS wallet and WebApp which are compatible with various blockchain assets.
Currently; TenX's iOS wallet and Web App are compatible with Ethereum, Bitcoin, Dash and certain ECR20 tokens. More blockchain assets will be added in the near future.
Furthermore; TenX's successful acquiring of a banking licence and issuing of a secure debit card, makes it possible for users to spend their blockchain assets instantly in any country accompanied by 0 transaction fees!
The COMIT protocol used by the TenX payment platform creates a cryptographically secure network, connecting the various blockchains together while interacting with the rest of the payment platform, allowing for a seamless and instant transaction.
A remarkable feature is the decentralized security smart contracts (DSS) which puts you in total control of your funds and allows you to tweak your security setup of daily limits, withdrawal settings, portfolio spending, and more!
FInally the use your of cryptocurrency for everyday purchases practically anywhere in the world is now just TenX away!
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Sources:
TenX, influencia, smith+crown,Inc.
