Digitize is a blockchain-based ecosystem and cryptocurrency that allows consumers to convert loose change into virtual currencies at the point of transaction. The loose change is tokenized into Digitize currency, allowing it to be used for payments, loyalty programs and exchanged for Etheruem.
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The Digitize platform can be setup on any portable mobile device for the merchant to use independent of their POS system. This will enable merchants to embrace Digitize without having to undergo changes to their payment setup. The Digitize device will allow users to be able to pay and deposit funds to and from the merchant's cryptocurrency wallets. Merchants will also be able to allocate and provide Digitize tokens to consumers as part of their loyalty programs and promotions.
The decentralized network uses cryptography for security and allows transactions between retailers and consumers to have ownership and be verifiable. A Consensus Protocol creates a shared and trusted platform for community members to openly collaborate and exchange data through the Digitize network. We use smart contracts to permit trusted peer to peer transactions, with the ablity to scale based on set rewards/promotions. Smart contracts will also be used to enable enriched interactions between community members.
Q4, 2017Conceptualization Creating the Digitize concept and framework Creating the Digitize start-up community Private Pre-Sale.
Q1, 2018Public ICO Public Pre-Sale Strategic Partnerships Initial Coin Offering Prototype testing.
Q2, 2018Prototype release Onboarding of traditional assets Listing on external exchanges Development of Digitize Platform.
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