Crystals Sapphire
Nov 6 · 5 min read

WHAT MAJOR PROBLEMS DOES XCARD SOLVE?

There are countless possibilities the emergence of crypto-currency as a means of payment, has provided for the world. It is a great blessing to not just the financial sector but to the entire world markets and its benefits are unrivaled, as the crypto technology completely makes payment easy and effortless.
With this digital currency, users can pay for shopped items, transportation fare, and even pay for food in restaurants. This is so easy as one does not need to carry cash around to make payments.

The creation of crypto-currencies has actually created a future where instant settlement of bills could be possible, without having to go through the agony of carrying cash around, such as theft and other complications.

A lot of people have decided to venture into the world of crypto-currency, in order to create seamless payment medium for them and in return boost their businesses and simplify their daily activities.

But this expectation is bring threatened by the inability of the crypto-currency industry to provide all that is needed to make effortless and efficient transactions.

Regardless of the fact that crypto-currency is the future of payment which would create seamless transactions by eliminating the flaws of the traditional banking system and payment medium, it is still plagued by different blights which makes it unfit to create the payment revolution that the world needs.

Some of these blights are…

Absence of global adoption.

Crypto-currency being a new trend is still not enjoying the global adoption that traditional payment medium has, and so it is very difficult to make payments in crypto-currency, as there are a limited number of outlets which recognizes and accept it.
This is one big problem that is hindering the great things which would have been achieved with crypto-currency.

Slow transactions speed and price fluctuations is another issue which accompanies crypto-currency as a payment medium. Due to the kind of consensus mechanism which the Blockchain uses, it seems to get congested and subsequently affect the transaction speed.
So, it is impossible to achieve instant settlement with crypto-currencies, as it will take a considerable amount of time to ensure that it pulls through.

To further add to this problem, the price volatility of crypto-currencies makes it increasingly difficult for payment in crypto, to be achieved, as the value of the coin is bound to change over time.

All these and many more makes the payment revolution difficult to achieve.

But not to worry…

XCARD IS HERE - SPEND YOUR CRYPTO, ANYWHERE, ANYTIME

WHAT IS XCARD?

XCARD is a crypto-currency platform, which has been developed to simplify the usage of crypto-currency in the entire world, by making use of a digital credit card, to connect the fiat currencies and crypto assets, in real-time.

The Xcard decentralized platform will completely remove the hindrances which has made the adoption and usage of cryptocurrency difficult.
Now, the users can even buy crypto-currencies easily and as well as spend it seamlessly, with the Xcard solution.

Speaking of the Xcard solution, it has attained a great height in the Fintech industry, as it has created a digital credit card, which will be used to carry out crypto-currency transactions.

The credit card (Xcard), is an all in one crypto credit card which constitutes of a crypto-currency wallet app, an exchange and of course, a card. With this, transactions can be carried out with crypto-currencies, at a very fast pace because of the inbuilt crypto-currency exchange, which makes it possible to convert to any crypto-currency of choice, at anytime.
So, transactions can even be made on the spot, without having to worry about the speed, since your card is connected to different exchanges, so making it ready for payment in any crypto-currency.

Security is also achieved, as the users won't have to carry cumbersome cash around, but have their crypto assets safely stored in their secured wallet.
Also, the Xcard is a biometric credit card, to ensure total security.

To make It even better, Xcard charges a very low transaction fee, to make it easy for the users to make multiple transactions, without being affected enormous spend fees.

Xcard is not here to eliminate the fiat currency, rather it will create a system where these two currencies (crypto-currencies and fiat currencies) could be used, interchangeably.

The card is linked to the bank, to make it easy for the users to spend both their fiats and crypto-currencies, through the card. Xcard supports over 200 crypto-currencies and 150 fiat currencies.

Additionally, users can get a loan from Xcard, to pay for products, and refund the system, on a later date.
This feature comes in handy especially when you have a crypto-currency but do not want to spend it. With the Xcard loan, you can borrow from the system while using your unique crypto-currency as a collateral. You can choose to pay back in another coin or fiat, or even use unique crypto-currency, as repayment for the loan.

Accessibility is also achieved effortlessly on the Xcard platform, as it has developed a crypto-currency wallet app, from which the users can access the system, anytime and anywhere.
This mobile application makes the system a user friendly platform and works in conjunction with the crypto credit card.

Now, you can make unlimited transactions, both in crypto and fiat.

MBM TOKEN

The Xcard recognized currency is called the MBM token.
It is a an ERC-20 Ethereum based utility token which could be used to gain access into the system and also pay fees in the system. MBM token is considered as the driving force of the Xcard platform.

CONCLUSION

The Xcard platform is a big boost in the crypto-currency industry, Fintech industry as well as the global economy. If fully adopted spending of crypto-currencies will be made easier, and recognition of crypto-currencies would be achieved, as it could be used interchangeably with the fiat currency.
So every outlet and establishment will no longer discriminate on its use.

Xcard Video Presentation

https://youtu.be/I7avOj2TyFg

For more information about the Xcard project and its revolutionary technology, kindly access the official resource channels below:

Website:
Onepager:
Lightpaper:
Whitepaper:
Telegram:
Twitter:
Facebook:
Linkedin:
Medium:

Article Written By: EmmaBen

Bitcointalk Profile Link:

Ethereum Address: 0x6ef552dE4133726E9f2A5A346E0fD81869DaABaF

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