Digitize Coin Converts Users Loose Change into Cryptocurrencies For Everyday Transactions, Presale Starts April 6th, 2018

Press Release: Blockchain-based startup Digitize Coin helps consumers convert their loose change into digital currencies and spend on any transaction.The fintech company is getting ready for its token presale which starts on April 6, 2018.

March 9th, Australia – Australian-based fintech startup Digitize Coin offers its users a way to collect their loose change from purchases, convert them to digital currency at the point of transaction and spend as they please. The loose change is tokenized into Digitize currency, allowing it to be used for payments, loyalty programs and even exchanged for Ethereum. Digitize is currently preparing for its token presale, which begins on April 6th, 2018 to raise funds to go towards the development of the platform.

Have you ever wished you could do away with loose change entirely? Well, soon that will be a reality, with Digitize Coins new blockchain-based system. Their new service will give users the freedom to swap their physical change for digital currency at the point of transaction, and put it straight into a digital wallet. The change can be collected in the wallet, converted into various different currencies and then spent on future payments.

Digitize Coin aims to bridge the gap between blockchain technology and the everyday consumer. Most consumers today don’t really understand the potential applications for blockchain technology and Digitize aims to use that technology in a way that is easily accessible for every-day use while solving a real-world problem.

To make use of the Digitize platform applicants must simply download the Digitize app, register and complete a KYC (Know Your Customer) application. After the user has been approved they are then eligible to deposit cash in either the form of loose change or make a direct purchase through their digital wallet. Transactions would occur at retail locations registered with Digitize through a cost-efficient and secure mobile app.

Umer Aslam, Founder, and CEO of Digitize Coin describes the solution that the service will provide the public, stating:

“The majority of the public still views cryptocurrencies as a nightmare to purchase – especially given the technicalities involved. Digitize will make this process as simple and seamless as using cash through registered retailers. Further, with the recent bans of credit card and debit payments worldwide, there is an even greater need for a cash-based purchase platform.”

Consumers will benefit from low transaction fees and retailers will create an additional revenue stream. Digitize token holders can also safely convert their tokens for other cryptocurrencies like Ethereum, withdraw for FIAT or invest in a crypto related index fund.

In addition to their main application Digitize Coin will facilitate up to $5,000 OTC  transactions.This means that Digitize users will be able to make single purchases of up to $5,000, a unique service that is not being offered by any other multi-currency exchange service.

A large group of some of the biggest world banks recently halted cryptocurrency related credit card transactions, which leaves open a space for a seamless platform to exchange physical currencies for cryptocurrencies. In a world that is becoming more restrictive, Digitize Coin will offer a way for the everyday consumer to get around the problem of loose change and at the same time use cryptocurrency for everyday transactions.

The Digitize platform is still in it’s development phase but the core team expect to have a release date for the Alpha version in the very near future, and are currently working very hard to assure that the finished product is as refined and efficient as their vision portrays.

Digitize Token Presale

Digitize coin pre-ICO begins on April 6th, 2018 and will run until April 13th, 2018. Investors can purchase the ERC20 Digitize (DTZ) using ETH. Initial value, 1 DTZ = 0.0002 ETH. Investors in the pre-sale will realize a 25% discount.

The total supply will be 200,000,000 DTZ. The maximum pre-sale cap is set at 10% of the total supply. The pre-sale soft cap is 600 ETH.

About Digitize

Digitize coin is a recent fintech startup utilising the Ethereum blockchain. It was founded in November 2017 by Umer Aslam who previously spent his career at IBM and Westpac, one of Australia’s “BIG four” banks. Their growing team consists of former employees, also from IBM, Sony, Expedia, IRESS, AMP and the Commonwealth Bank of Australia, one of the “BIG four” as well. Digitize has an office in Sydney, Australia and is currently in the process of setting up an office in Singapore, which will be their direct link in the South Asian markets.

To learn more or participate visit the website here – https://www.digitizecoin.com/
Connect on Telegram – https://t.me/digitizecoin
LinkedIn team profiles – https://au.linkedin.com/company/DigitizeCoin
Find Digitize on Facebook – https://www.facebook.com/digitizecoinico
Follow Digitize on Twitter – https://twitter.com/DigitizeCoin
Join the Whitelist – https://www.digitizecoin.com/

Media contact

Name: Umer Aslam
Email: pr@digitizecoin.com
Location: Sydney, Australia

Digitize is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

The post Digitize Coin Converts Users Loose Change into Cryptocurrencies For Everyday Transactions, Presale Starts April 6th, 2018 appeared first on Bitcoin PR Buzz.

Source: BPRB Feed

One of a Kind Blockchain Solutions and Services Ecosystem LuxCore Kick-Starts the New Year with Massive Updates

Bitcoin Press Release: LUXCORE is a unique Enterprise focused Blockchain Ecosystem and it’s open source public blockchain asset, LuxCoin has the potential to become a leading cryptocurrency due to the implementation of new features including Smart Contracts and SegWit aimed at enhancing the blockchain’s usability and transaction speeds.

January 10, 2018, Sydney, Australia – LUX have made recent announcements about upgrades include the addition of smart contracts allowing users to create pre-defined contracts and the implementation of SegWit and providing revolutionary layers of security and privacy through it’s upcoming closed source products LuxGate and Parallel Masternodes. Given these recent announcements, LuxCoin has made considerable growth in recent days solidifying its place in the cryptocurrency market.

Introduction to LUX

By providing customers with a faster, more efficient and more secure transaction solution LUX creates a more profitable service for individuals, enterprise and governments. LuxCore incorporates a new GPU PHI1612 algorithm built from: Skein, JK, Cubehash, Fugue, Streebog and Echo. PHI1612 boasts the most efficient ASIC resistant GPU mining algorithm to date with faster hash rates while reducing the power needed by 10%.

Many cryptocurrencies use a Proof-of-Work protocol which is incredibly inefficient with time and energy. By adopting both Proof-of-Stake and Proof-of-Work and further enabling Masternodes as well, LuxCore can minimise the time and power needed to complete transactions being made which further increases the ability and scale of LuxCore. LUX would like to give customers a choice in the levels of security and privacy to suit their individual needs.

Segwit for LUX – A New Era

Segwit is currently planned to be introduced around the 20th of February, 2018. Segwit is the process by which the block size limit on a blockchain is increased by removing signature data from transactions, this frees space up extra space which allows for more transactions to be added to the chain.

This new function will separate transaction signatures which ensures a higher level of security as the data is “detached” from the transaction.  This prevents the receiver from intercepting and modifying the sender’s transaction ID which can in some circumstances allow them to receive more coins. SegWit will be a critical addition for the scalability of the Lux blockchain which already contains numerous groundbreaking features to draw in new customers.

Getting Smart with Smart Contracts

Smart Contracts will be able to be deployed directly from the wallet which can trigger cross network transactions and tasks based on predetermined conditions. Smart Contracts will help users exchange in a transparent and conflict-free manner while avoiding the need for a middleman. This will help end users to digitally trigger, authenticate, or enforce the negotiation or performance of a contract.

LUX Masternodes

Any computer which is mining or staking a cryptocurrency is considered a node. In LuxCoin’s case, one can also run a 24/7 dedicated Masternode, backed by a collateral, allowing owners to earn rewards for supporting the network because they add a layer of stability and security to the network by verifying blockchain transactions.

To run a Masternode an owner must possess at least 16,120 LuxCoins in their wallet. These rewards are named Proof-of-Service rewards which is derived from 40% of the proof-of-stake (PoS) and are randomly distributed to Masternode owners. As of this moment owners are rewarded 0.4 LuxCoin and the PoS is being rewarded 0.6 LuxCoins for every block found. The team also has plans to revamp the reward structure for incentivizing and rewarding the Masternode owners.

Extra Layers of Security

LuxCore’s blockchain has been built to have the capacity for Parallel Masternode on a Private Network which will run alongside the public network. The revolutionary concept that bridges the two networks together is called the LuxGate. LuxGate will allow communication between validated blockchains or algorithm with the ability to perform advanced functions and tasks. With LuxSend, which is a form of coin-mixing, users have the choice to mask their transaction information.

Another feature are multi signature wallets, providing another layer of security which requires all the concerned parties to authorize the transaction which can combat fraudulent and unintended transactions providing individuals and enterprises alike with a stronger sense of security.

LuxCoin Growth

Over the past few days LUX’s price has grown considerably which highlights the fact that it is being adopted by users and becoming increasingly popular. The potential for LuxCoin keeps on growing with the upcoming announcements boosting its credibility. The price of LUX was close to 8$ last week and since then has increased to just under 30$ which means it has made significant growth since the new announcements have been made. If the coin follows this recent trend LuxCoin will be a staple cryptocurrency and LuxCore an enterprise platform to reckon with.

Visit the Luxcore Website: https://luxcore.io/
Read the Whitepaper: http://www.luxcore.io/LUX_WP_V1_NOV_2017.pdf
Follow on Twitter: https://twitter.com/LUX_Coin
Chat on Telegram: https://t.me/LUXcoreOfficial

Media Contact:
Name: Ali Omer Horzum
Email Address: info@tokensuite.io
City and Country: Tel Aviv, Israel

LUX are the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

The post One of a Kind Blockchain Solutions and Services Ecosystem LuxCore Kick-Starts the New Year with Massive Updates appeared first on Bitcoin PR Buzz.

Source: BPRB Feed