XCARD NEW PAYMENT TECHNOLOGY BLOCKCHAIN
Modern blockchain technology with its accompanying tools in the form of a smart contract helps us to bring clarity and order of actions, as well as reliability, transparency and immutability of documents. As you already know, the ancestor of smart contracts is the Ethereum blockchain and all its derivatives. Moreover, the smart contract also does not stand still and therefore is constantly evolving, improving its functions and capabilities. This is the one we will talk about today.
XCARD is a part Mobilum will enable any cryptocurrency owner to spend their crypto assets immediately, and in real-time. Up until now, cryptocurrency holders have not been able to seamlessly convert their crypto assets into a fiat currency, and then pay with an electronic card at places like the grocery store, a café, a retail store, etc. Mobilum has developed a solution to this issue.
Mobilum Platform is a scalable ecosystem of building blocks — microservices, utilizing common open source API and underlying protocol — a blockchain solution — to provide instant any to any conversion with best execution rates, fueled by the mobilum token (MBM).
There is one main rule in all domains of Mobilum Platform — an MBM Token as a membership token is required by invoking user to interact with and between the building blocks of the platform. The amount of MBM Tokens is calculated (as a 0,5% of the transaction value) by the Pricing Engine and exposed to all other building blocks through the API.
If the invoking user lacks the required amount and he has an XCARD multi-sig wallet created inside theXCARD application, XCARD buys a missing amount of MBM Tokens on user behalf through the Internalizer using best execution rate — other ways or in case the user lacks enough funds or coins to buy a missing amount of MBM Tokens, the transaction is void and rolled back.
Mobilum Foundation interacts with other systems through the APIs. One of the building blocks of Mobilum Foundation is its blockchain solution which stores all information about transactions performed on Mobilum Platform through XCARD wallet application or open source API. Access to the blockchain of Mobilum Platform is possible through the open source API or Mobilum Explorer — a web3 application. XCARD wallet utilizes the open source API to show the full list of transactions of the given user in his wallet.
About XCARD
XCARD introduces a utility token, the MBM token that fuels the whole Platform that is the most liquid token in the XCARD Wallet. Once regulation enables legitimate issuance of equity or security tokens, special benefits for investors and MBM token holders will be offered XCARD has already signed 9 strategic partnerships which include: Santander Bank, Visa (Principal Membership), Gatelab (Part of London Stock Exchange Group), several trading exchanges (e.g. Hybrid Block) and others that wills to utilize in their business models solution provided by the XCARD.
XCARD is the most convenient wallet for crypto & FIAT conversion with access to exchanges all over the world. Built-in internalizer – an arbitrage engine – provides users the best exchange rates available on the market.XCARD Wallet is combined with XCARD Biometric Credit Card, the most secure credit card for instant crypto withdrawal from any ATM. XCARD’s team has a proven track record of more than 20 years in payment systems, payment cards, exchanges and currency trade systems.
This question is often asked by many new users. It is reasonable by remembering that there are so many similar products out there. Undeniably, there are some benefits given by XCARD. Meanwhile, there are also features that you may not find in other products. What are they?
Credit Card
Many people may think that a credit card is the most effective and instant payment method in the world. That’s true but now; there is a similar method, even more practical. It is the credit card feature provided by XCARD. In general, XCARD is functioned like a credit card but the money to use in the transaction is the crypto currency. It makes available many types of crypto currency. Then, you are free to choose what currency you will use during the transaction. It is reasonable if you can do almost all the transactions even faster and more instantly than the credit card itself. It gives more access to e-commerce, POS, and ATM withdrawals for cash.
Easy To Use
It is clear that many people out there are interested in crypto transaction. However, not all of them dare enough to start it all. Many reasons are behind this problem; one of them is that the crypto wallet is considered difficult to use. XCARD, on the other hand, is provided for both the experts and beginners. So, while the experts can enjoy the easiness and practicality, it is also a good way for the beginners to start to do crypto transaction.
Easy On Boarding Process
Most of you must have an experience in opening a bank account. So, how is it? Is the process fast and easy? Unfortunately, the answers are mostly not. There are too many requirements to fulfill and much time to waste. Although it is okay to still have a bank account, XCARD is a really good alternative for your financial management. One of them is due to its easiness in term of the on boarding process. The entire process can be done digitally through a few taps. Besides, doing a transaction using this wallet is also much simpler. Indeed, not all shops and platforms in the world have not yet been supported by this wallet. But you should not worry; XCARD is on the way to expand its services to help you to do all possible transactions.
Effective Rates
One of the problems in a conventional transaction is about the rate. It is sometimes really high and it means you must spend more money only for this matter. Interestingly, XCARD makes sure that the rate is lower and more effective. It is proven bu the aggregates data from different sources including exchanges, pools, and more.
The FIAT Feature
XCARD enables you to do transactions with more than 200 digital crypto currencies. Meanwhile, it also features the FIAT exchange things; from FIAT to crypto and vice versa. All of them can be done faster and more instantly. It is compatible with any payment card as well. The feature from XCARD also enables you to buy the products now and pay it later. Again, it gives you more benefits and flexibility for any transaction you want to conduct. For all the benefits mentioned above, it means you need to try XCARD as your transaction partner. Well, the products are worthy for you to rely on one.
ALL-IN-ONE DIGITAL WALLET & CRYPTO CREDIT CARD
Our mission is to connect fiat currencies and crypto assets in real-time. Store, trade and exchange them instantly and spend anywhere you want, with no limitations. XCARD Wallet unique instant exchange feature uses risk-free decentralized internalizer with intelligent atomic swaps functionality. Your funds are safe with us, stored in a multi-signature and/or cold-storage wallet to ensure that you’re the only one with the access to your money.
MULTI ASSET WALLET
XCARD Wallet supports a large number of financial assets & services including
Fiat Currencies
Cryptocurrencies and tokens
Securities based on the blockchain technology
Non-fungible tokens and Collectibles...
and their auctions
eCommerce payment services
Peer to peer transfers, lending & recurring payments.
PAY EVERYWHERE
You can pay anywhere you want, with any (crypto) currency and any payment card. XCARD wallet allows you to make and receive payments in the desired currency. Buyers and sellers decide transaction details independently. Our decentralized internalizer enables payments without waiting for network consensus & competitive interest rates.
THE IMMEDIATE EXCHANGE AT THE BEST PRICE
XCARD decentralized internalizer aggregates data and liquidity from different sources (partner exchanges, brokers and own pools) providing best exchange price available on the market. XCARD enables trading with over 200 cryptos (including altcoins), FIAT to crypto & crypto to FIAT conversion directly and instantly.
TOP FEATURES
SAFETY & CONVENIENCE
Perfect place to make your first step towards cryptocurrencies in a secure environment.
Exchange rate icon BUY CRYPTOCURRENCIES EASILY
Buy Bitcoin or other cryptocurrencies using your payment card or wire transfer.
Security first icon LIMITLESS EXPERIENCE
You own your funds, without any limits.
Buy, Sell or lend your crypto assets freely.
Payment card icon ANY PAYMENT CARD
XCARD Wallet supports most debit & credit cards. Sign up to XCARD Wallet with your existing payment card & start buying cryptocurrenices or spending them freely.
BUY NOW, PAY LATER
We enable you to spend money no matter if you have funds or not with our first on the market biometric crypto credit card
Full KYC icon FULL KYC COMPLIANCE
XCARD Wallet is fully KYC compliant.
Our onboarding process is much easier than opening a bank account.
Instant Settlement icon INSTANT SETTLEMENT
XCARD decentralized internalizer and intelligent atomic swaps functionality allows for all transactions to be most efficient & in real-time.
XCARD Roadmap
Q4 2018
MVP of XCARD Wallet (Android & iOS) available for the first 5K users
Q4 2018
Series B: Private funding, expected goal $30 mln
Q4 2018
Integration with selected partners: VISA, Santander Bank, GateLab, Exchanges, PSP
Q1 2019
Beta version of XCARD Wallet
Q1 2019
Internalizer set up - the cutting-edge stock exchange solution - matching engine for instant finance operations
Q2 2019
XCARD Wallet goes live & is available on App Store & Play Store
I hope you join us and invest your money and wait for the good news from us Thank you once again for taking the time to read this article, and thank you a million times for your support of XCARD.
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