Digitize is a Blockchain-based ecosystem and cryptocurrency which 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, rewards programs and exchanged for Etheruem or to invest in the crypto index.
How does the project create value to the ecosystem and differs from competing projects
Digitize is the first blockchain startup which allows consumers to deposit their loose change into cryptocurrency at the point of a retail transaction.
Digitize is aiming to help the world transition from a cash based society, to a digital one. Digitize is targeting the public and consumer directly by solving a real world problem. Most cryptocurrencies today are tech heavy and hard to understand for the average consumer - a barrier for the mainstream adoption of the technology. We plan to solve this by developing a service that helps consumers convert loose change to crypto and remove the frustration of carrying and saving loose change entirely. By making this process a simple and seamless experience we can help bring the public into the crypto world one coin at a time. The Digitize ecosystem will prevent the need to carry loose-change and promote the transition from a cash based society to a digital based society. Reductions in the manufacturing of physical currency will be noticeable, as well as reducing the amount of change lost by consumers.