TENX:-
TenX has come out with the objective of making cryptocurrencies spendable anytime, anywhere. TenX has a wonderful website and white paper in which they have clearly mentioned what they are planning to do in present as well as in future. It has an app available on android as well as on ios platform. App of tenX can be used to store different cryptocurrencies including Bitcoin, Ethereum, Dash. And they have planned to add more good ones like monero. In this app you can select the cryptocurrency with which you want to make payment in a store or anywhere.
They also have a card which looks similar to debit card and credit cards. So basically to make a payment you first have to select the cryto in mobile app with which you want to pay the bill and then use TenX card. Then the amount which you paid with tenX card will be deducted from your crypto balance and payment will be made without any "fee". TenX card is available only for US citizens right now but in future it will be spread worldwide.
TECH INSIDE THE CARD:-
TenX’s debit card is being powered by a payment system on the frontend and through the COMIT system in the backend. The COMIT protocol would allow different blockchains like the bitcoin or ethereum blockchain to interact together without issuing a different token.
Advantages of commit network=
•True instant, frictionless and cheap payments for users all over the world
• True global access without limitations to any asset or business process connected to a blockchain
• Amazing new business opportunities for companies
• New recurring revenue streams for banks and other liquidity providers
• Rapid adoption based on existing networks build with new cheap and secure infrastructure
I am not a promoter of Tenx or a team member etc. And of course there is lot more to know about TenX this was very basic info and i also didn't wanted to make this post longer so i will end here. And i will write more about Tenx pay token and price etc. in the next post. I am not an expert and i might have made some mistake in this information. If you find any mistake then comment down below and do upvote and share your opinions.