Due to the increasing popularity of crypto, the ability to transact digitally using crypto cards also increases. Using such cards does provide some benefits for both the seller and the buyer. However, crypto cards are still rarely used. Existing crypto cards require complicated procedures to use. If you spend money regularly in the world of foreign currency, you must have a card.
Card use is not limited to ETH or BTC holders only. Previously, some companies tried to make bitcoin cards based on decentralized banks with a reliable exchange rate and instant conversion, but this goal has not been realized.
Hash Card is a new company that intends to revolutionize the way you use credit and debit cards. While corporate discourse is radical, their idea is not always so new when you consider the cryptocurrency market: Hash Card converts crypto into fiat currency in real time, so you can cryptocurrency and use it anywhere.
Company credit and debit cards are accepted in many places, so the main selling point of the company is that you can convert Bitcoin, for example, which is not accepted in many places, to the local fiat currency where you want it to be. spend your money.
Its key features are, obviously, real time transactions with high speed, other important featires including the ability to use 25 different altcoins to fill your wallet. Companies receive currencies like NEM, Cardano, Stellar, and other popular currencies.
Currently, you can use Hash Card to convert this cryptos to EUR or USD. Unfortunately, not many fiat currencies are accepted today, so you will only be able to use Hash Card in the United States, Europe, and in places that receive one of these two coins.
Transactions cost 0.5%. It costs much less than many banks require and can be used on online and offline transactions. You can withdraw up to $ 5,000 USD daily at ATMs, have unlimited transaction limits and only pay an annual fee of $ 25 USD in an HSHC token.
The wallet for Hash Card supports all 25 cryptocurrencies that you can use on the platform and can be installed on Android or iOS. It's protected by multi-sig technology, SSL encryption and two-factor authentication, which means that only the owner can actually access the wallet.
You save money in your wallet and use your Hash Card to use it to pay for items anywhere VISA or MasterCard is accepted. You can use the card to pay for goods and services offline or to transact and transfer between Hash Card wallets.
Deposit - Just specify what to save and select your altcoin payment method: NEM, Cardano, or Stellar are among the list of over 25 alt-coins that can be selected to fund your Hash Card Account. Your Hash Card has an exchange feature that lets you take advantage of opportunities to convert traditional currency (EUR / USD) to crypto, or crypto back to the traditional currency to take advantage of market prices.
Deposit - Just specify what to save and select your altcoin payment method: NEM, Cardano, or Stellar are among the list of over 25 alt-coins that can be selected to fund your Hash Card Account. Your Hash Card has an exchange feature that lets you take advantage of opportunities to convert traditional currency (EUR / USD) to crypto, or crypto back to traditional currency to take advantage of market prices.
Spend - Hash Card converts your cryptocurrency into traditional currency in real-time through instant conversion to Fiat to ensure the best exchange rate. Payments and withdrawals can be made anywhere that VISA / MasterCard is accepted.
HashCard allows users to conduct real-time payment transactions without first needing to convert cryptocurrency in their wallets. Every time a user spends cryptocurrency or withdraws at an ATM, Hash Card provides Fiat currency in exchange for cryptocurrency. To do this, Hash Card requires a minimum daily balance to close transactions. The chart below describes the flow of payments.
Cybersecurity Architecture and Hash Card Governance contain the following standards, guidelines and frameworks: Hash Card adopts this framework following a detailed assessment of the current industry posture, including from a list of government detailed sources and industry-adopted standards that include: NIST (National Institute ) Cybersecurity Framework, ISO (International Organization for Standardization) and IEC (International Electrotechnical Commission) IT Framework 27001 and 27002, ISACA, COBIT, and PCI DSS The Cybersecurity Framework and Hash Card Architecture Governance encourages decision making within organizations to identify and manage cybersecurity risks.
The Cybersecurity HashCard architecture is based on the adaptation of the SABSA (Sherwood Applied Business Security Architecture) framework such as: Code Development Standards Safe; Information Security Roles & Responsibilities; Security Testing Framework; Information Security Framework; Information Security Risk Management; Identity Management, Authentication, and Access Control Standards; Operational Risk Management Framework; The definition, implementation, and adoption of a governance framework; Executive-level management engagement and Board on cybersecurity issues; and Implementation of regular Cybersecurity risk assessment.
HashCard comes in the form of a digital currency named HSHC. The HSHC Token will go on sale from 1 May 2018 to 12 June 2018, at a price of 1 HSHC equivalent to 0.1 USD. The token purchase itself can be done with foreign digial currency such as ETH. Do not forget, get also purchase bonuses at certain time period.
HashCard itself is the result of teamwork led by Karol Kozlowski and HashCard has been designed and created by a team of highly experienced technology experts. Team members bring together expertise that gives them an in-depth understanding of the challenges many crypto companies face including legal, regulatory and compliance issues.
So that's all for review our ICO project for this time, hopefully can increase your knowledge in choosing the best project ICO to you invest. If you are interested in joining this project, or intend to buy a token in the sale. You can visit their official website and page below:
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