An estimated two billion people remain unbanked globally with no access to basic financial services. Providing financial services to these people has been identified as the key component in the movement required to advance the elimination of world poverty. Using blockchain technology, FinTech companies have been grinding away (to varying degrees of success) to reinvent banking services and eliminate entry barriers. One problem, however, continues to hold them back; this problem is liquidity.
Cryptocurrency has exploded into the mainstream. Pioneered by Bitcoin, cryptocurrency transforms the financial landscape and the concept of money. However, the use of digital assets in real-world remains limited, especially when paying for services. Most traders remain on the lookout for cryptocurrency, and those who really dare accept it have to cope with the integrated cryptto-decoding process - alienating other crypto users and limiting their market potential.
Currently, cryptocurrency is only seen as a vehicle for speculation, while cash and credit cards remain king in terms of functionality and physical usage. Denaro is the solution that handles this problem.
What Is Denaro ?
Denaro is a multi-currency debit card platform that lets users access, store and spend their cryptocurrency like any other debit card. We have designed and developed a blockchain based platform where users can use their crypto seamlessly for their everyday activities. Through payment terminals for merchants, IBAN numbers, and API / SCI functions, Denaro will seamlessly bridge the gap between the crypto community and traditional financial structures (and users) in the future of monetary payments.
Denaro is a versatile payment solution that allows users to store, spend, and transfer their crypto to an intuitive interface.Through a safely developed and customizable SCI / API for merchant services, Denaro facilitates the payment of goods and services (online or offline) through web wallets and physical debit cards.
Advantages Of Using Denaro Among Them:
For Merchants
- Securely accept payments in BTC, ETH, or DNO through customizable SCI / API without worrying about handling multiple wallet addresses.
- Immediately crypto conversion to BTC, ETH, or DNO and vice versa.
- Receive fiat payment and immediately convert cryptocurrency to fiat to hedge against volatility.
- Discounts and bonuses for merchants with a volume higher than $ 500,000, including; 1 free payment terminal and 50% of debit card fees.
- International Bank Account Number (IBAN) to accept fiat international transactions
- Customized debit card design for high volume merchants.
For Users
- Store, spend and send Bitcoin, Ethereum, and Denaro from one user interface.
- Shop online and offline using a multi-cryptographic debit card.
- There is no extra charge for sending crypto outside Denaro's wallet; only network charges apply
- International Bank Account Number (IBAN) to accept fiat international transactions.
- Design a personal debit card for high volume users.
The Denaro Ecosystem
Denaro is an unlimited payment ecosystem aimed at bridging the gap between crypto and the mainstream market. This platform allows companies and individuals to send, spend, store and exchange cryptocurrency and fiat currencies through secure web wallets, physical debit cards, merchant payment terminals, and IBAN.
IBAN
IBAN (International Bank Account Number) is an internationally valid identification code for interbank transactions in various countries. This amount helps foreign banks check the validity of the accounts they are dealing with, and helps them identify the financial institutions and the countries in which they are facing. IBAN makes cross-border payments easier and faster to process.
Denaro Wallet
The Denaro wallet is very important for every interaction in the Denaro ecosystem. It is a secure storage and exchange platform for both cryptocurrency and fiat currencies, allowing users to store, store, transmit and exchange supported cryptocurrencies and fiat.
Denaro Debit Card
All cryptocurrency users face the same challenges when dealing with physically spending their digital assets - opportunities and opportunities are limited. Crypto users have not been given the luxury to pay for goods and services in flood crypto due to the fact that most merchants still opt for fiat and credit over crypto. Some merchant services that are willing to support this new currency tend to favor a single crypto. However, "luxury afforded" is currently being undermined by market volatility, forcing the service to suspend support.
With Denaro Debit Card, users will be able to load cryptocurrencies like BTC, ETH, and DNO to physical debit cards and spend them on millions of online and offline stores worldwide.
Denaro Token ( DNO )
Denaro aims to offer an ever-expanding token that will always meet user demands and accommodate the best features of blockchain. This token will be known as DNO. DNO is a utility token and will encourage all settlement on the network, as well as grant rights to various types of exclusive benefits, including bonuses, discounts, and merchant services on the network.
Details Of Token Sales
Token Sales Schedule: 9 February - 15 March 2018
Purchase Token: Ethereum, Bitcoin, Litecoin
Price Token: 3000 DNO / 1 ETH
Bonus: 5% - 25%
Total Supply Token: 100,000,000 DNO
Team
MembersRon Ramsey - CEO, Co-Founder
Jeremy Boker - CFO, Co-Founder
Amy Archer - Head of Legal Department
Freya Wilkins - Financial Analyst
Patrick Bradshaw - Back End Developer
Jamie Douglas - Front-End Developer
Daniel Armstrong - Writer & Editor-in-Chief
Daniel Stanciu - Social Media Specialist
Quick Links
Created By : maniakbtc
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1068300
ETH Address : 0x4858445E665398EADDE92933cC65038811465D99
Sounds like a pretty interesting concept. So if I'm reading correctly, the merchants would need to implement the technology to be able to accept Denaro? Or would Denaro perform all the exchanges between crypto and fiat in the background? I think the latter could be really useful in the time before crypto is widely accepted.
hi clshipp91 for more information, my advice is better to join the group community in telegram https://t.me/denaroIO