My Blog About Blockchain: Digitize will digitize fiat money.

Platform developers are confident that the transition of the monetary system to the digital economy is inevitable and offer their solution based on the blockbuster and the crypto currency.Users will be provided with a digital wallet, the ability to transfer cash to the crypto currency and use digital money to pay for transactions, purchases; sellers will be able to place on the platform of online stores.

The platform will perform 4 processes: storage and currency conversion, payments and rewards.

To whom and why is it necessary?

Today, the production of banknotes is worth 35.3 billion . dollars per year. In a typical retail value chain, the participants' money costs are 13% higher than the nominal price of money.

Consumers are uncomfortable carrying paper money and coins , besides, they are constantly lost. According to statistics of Australian scientists, only one adult loses about $ 60 annually!

Most people try to use credit cards in everyday life. On trips abroad it is especially convenient and safe.

The creators of bitcoin suggested a possible alternative to fiatu. But to buy and use the crypto currency in the current conditions is a technically difficult process. Therefore, the goal of Digitize is to make the process of exchanging the Fiat for tokens simple and fast and to reduce the cost of producing money.

Imagine that you go to the store, buy products and just pay the mobile phone to the sensor for payment, money is written off from the crypto-currency purse.

What benefits will users receive from the implementation of the system?

Business:

- Budget and fast way of conducting transactions ;

- Safe storage of funds on digital wallets ;

- Ability to accept multiple payment options for goods and services;

- Independence from the physical currency ;

- Ability to interact with businesses around the world online;

- Encouragement and reward to attract and retain customers;

- Feedback with the target audience .

Consumers:

- buy goods and services for tokens Digitize

- get rid of obsessive bills and coins ;

- will not lose money;

- will be able to invest in crypto-currencies ;

- receive bonuses from retailers ;

- the ability to earn tokens Digitize.

How does the platform work?

They plan to develop mobile applications for IOs and Android with different functions : for the consumer and for business. The wallet will be available at any time from your mobile device .Address and smart contract deals will be encrypted in the QR - code, it is convenient to transfer the money. The application will be published as open source software on GitHub, it will be easy to download from popular stores such as Google Play and iTunes.

Digitize is supported by 4 components: Wallet (for the seller and the buyer), Exchange, Awards, Payments.

The purse is designed to store funds and pay for transactions. On the exchange, Tokens Digitizecan be exchanged for any crypto currency. "Payments" are needed for shopping, Awards are distributed by sellers to build consumer loyalty to the brand.

Digitize will create a series of template smart peer-contracts , which will be used for fast and safe transactions. Blocking technology will make transactions more efficient: high-speed and low-cost.

Thanks to its own crypto currency, the platform transactions will not be tied to geolocation, people from around the world can pay for goods in DTZ tokens .

DTZ token .

The token is intended for payment of fees, deposits, promotions, cross-marketing, payments, exchange transactions.

Coins can be exchanged for any fiat currency and popular crypto-currencies.

Platform security will be provided by the KYC procedure and two-factor authentication.Transactions will be tracked by Digitize . In the case of fraud, such as theft of a large number of tokens, Digitize will freeze and delete the contract of the transaction. Instead, they will release a new smart contract with the modified registry.

ICO.