Digitize: A practical platform for converting small change into virtual currencies

Since the idea of Bitcoin was adopted and implemented, other cryptocurrencies have appeared on the market. Some people who are aware of the benefits of using these virtual currencies welcome the change. But others still have no idea why they need to use cryptocurrencies.

Imagine, people have been using physical currency for thousands of years and suddenly the technology has grown rapidly and offers you the opposite form of currency. We can not blame such a way of thinking. But in fact, there are some challenges facing physical currencies that can only be solved by using cryptocurrencies.

The following are the challenges or problems faced by physical currencies. It is important to note that the physical currencies mentioned here are, but not limited to, loose change.

Challenges of physical currencies

The first challenge is the high cost needed to produce and handle physical money. According to the Wall Street Survivor Blog (2018), even the production of the coin costs: the smallest value of physical currency, more than its actual value.

Then, believe it or not, physical currency is also one of the causes of the loss of consumers. Obviously, consumers tire of carrying coins so retailers who often give their customers loose bills risk losing consumers.

Instead of carrying coins with small values and being disturbed by the sound from their pockets, people need something as simple as carrying their cell phones and purses. Digitizing, with the goal of introducing crypto currencies into the world, even offers you a much easier way to take your money with you: carry your phones with your change in it.

Digitizing solves the problem

Since cryptocurrency is a virtual currency, it does not require high manufacturing costs. Also, you do not have to carry that kind of currency in your pocket or annoy you because of the noise it makes in your wallet. Despite the benefits that it has and will bring in the future, the introduction of digital currencies is still low. The main reason for the complexity of dealing with cryptocurrencies.

Digitize solves this problem by providing you with a platform on which you can have a mobile wallet and use cryptocurrencies of general acceptance. For example, if other platforms use private and public keys, Digitize simply uses a password-based system that is easier for users to use. Both consumers and merchants will have their own mobile wallets.

Making the handling easier and easier, the Digitize Mobile Wallet is available in the large App Store, which can be downloaded and installed. This Digitize Mobile Wallet will be available for Android and IOS.

To be part of this comfortable ecosystem, you should first download the Digitize Mobile App. Then you should create an account on the platform, identify yourself as a consumer or retailer. After that, you must complete Know Your Customer (KYC) and Anti-Money Laundering (AML). If you agree with the policy and complete the registration process, the platform will create your user profile and wallet.

ICO information

Token DTZ
PreICO Price 1 DTZ = 0.0002 ETH
Price 1 DTZ= 0.0002 ETH
Bonus Available
Bounty Available
Platform Ethereum
Accepting ETH
Minimum investment 0.1 ETH
Soft cap 600 ETH
Hard cap 10% of total supply
Country Australia
Whitelist/KYC KYC & Whitelist

Digitize Platform has its own tokens that digitize tokens. These tokens are used within the ecosystem and facilitate all transactions between retailers and consumers. Retailers could offer their customers digitizing tokens as the change instead of small change or a lot of cash. Later, the tokens can be converted to Fiat currency.

The pre-sale of digitize tokens will start on April 6, 2018, and the ICO will be held on May 4, 2018 with the full offer of 200,000,000 tokens.

Roadmap