What major problems XCARD solves?

Hello friends! It has been a long time since I have updated the good projects for you! I recently found a good project, with direct support from Mobilum, which is really a project that should be paid attention this year to the future!

Introduce

In the socio-economic life of any country, including developed countries, cash is still an indispensable means of payment. However, depending on the level of technology development, the market, especially the financial market, there is a difference in demand and level of cash use in payment in countries. However, the general trend is that cash payments will be increasingly narrower than non-cash payments.

According to a World Bank survey, non-cash payments in general and electronic payments have become popular payment methods in many developed countries around the world with the value of people spending. More than 90% of daily transactions.

From 2010 until now, consumers can use modern payment methods to pay for online transactions as well as at stores, shopping centers, etc. In addition, Visa, Master Card, Paypal also have new forms of technology application such as QR Code, NFC and mPOS, Internet Banking and Mobile Web Payment.

Problems

When social payment activities are still popular in cash, especially in the payment of large amounts, there will be the following disadvantages and risks:

The cost of society to organize payment operations, such as government costs for printing money; The cost of transporting, preserving and tallying money of the banking system as well as of entities participating in payment transactions (organizations and individuals) will be very expensive.
The implementation of cash payment transactions in large quantities is easy to be used by criminals to cheat and evade tax payment obligations, debt repayment obligations to banks or other creditors.
The risks in payment, storage, and transport of cash of organizations and individuals are always hidden, even though there have been many serious economic and criminal cases, such as theft, robbery. production in case criminals know the subject is transporting a large amount of cash.

One of the most important issues that any payment network has to solve is "double spending". This is a scam technique by making two transactions to spend the same balance of an account. The traditional solution is to rely on "a third party" - a central server - to store balance information and transaction details.

In a decentralized network like Bitcoin, every participant must do this job. Everything is run via Blockchain - a public ledger that records every transaction in a network accessible to any participant. Because of that, everyone in the network can query balances of all accounts.

In the past, finding a store that accepted electronic payments was extremely difficult and almost impossible. However, this is different now.

There are many stores in the world - online or offline - that accept Bitcoin as a valid form of payment. From big online retailers like Overstock and Newegg to local shops, bars and restaurants. Bitcoins can be used to pay for hotel rooms, book flights, buy jewelry, buy applications, computer equipment and even a university degree.

There are also many other emerging digital currencies such as Litecoin, XRP, Ethereum, but Bitcoin still occupies a unique position in terms of payment. Things are gradually changing as recently, Apple has supported the payment of 10 different cryptocurrencies on AppStore.

A lot of companies are trying to make cryptocurrency payments effective, and accessible for everyone. However, existing solutions are not working well, and we still can’t use our cryptocurrencies as easy as FIAT money on day to day basis. Cryptocurrencies are not a means of payment, only a speculative investment product. This is due to low adoption and liquidity, which creates instability and uncertainty. With XCARD, these problems will no longer exist.

Nowadays user experience is the main pillar of all customer-oriented applications. In order to provide the best experience and best practices to utilize the Mobilum Platform, XCARD project was created. XCARD utilizes Mobilum Platform API in order to provide state-of-the-art multicurrency wallet implementation and the first crypto credit card available.
Mobilum Platform consists of three main domains as of today:

Xcard is a payment method supported directly by the Mobilum platform! XCARD is an all-in-one digital wallet & the most convenient crypto credit card. You can perform any financial and cryptocurrency transactions in real-time, with no limits.

XCARD is an all-in-one digital wallet and the most convenient crypto credit card. Our mission is to connect fiat currencies and crypto assets in real-time. You can store, trade and exchange them instantly, and spend anywhere you want, with no limitations.

Why should it be Xcard?
With Xcard, you can:

Trade with any cryptocurrency, and exchange crypto to fiat & fiat to crypto immediately, at the best price.
Pay in any crypto and fiat currency, and sellers can receive in the currency of their choice, at the same time. You decide transaction details independently, while XCARD converts the transaction for you.
Connect any credit card, debit card or prepaid to spend your assets at any point of sale and e-commerce, or use for ATM cash withdrawals. We also issue our crypto credit card with VISA which allows instant and super safe use of any crypto and fiat currency.
XCARD, as a multi-asset wallet, supports a large number of financial assets and services including:

150 Fiat Currencies
Any liquid cryptocurrency or token
Securities based on the blockchain technology
Non-fungible tokens, and Collectibles...and their auctions.
eCommerce payment services
Peer to peer transfers, lending & recurring payments.

TOP Futures

SAFETY & CONVENIENCE: Perfect place to make your first step towards cryptocurrencies in a secure environment.
BUY CRYPTOCURRENCIES EASILY: Buy Bitcoin or other cryptocurrencies using your payment card or wire transfer.
LIMITLESS EXPERIENCE: Trade with any cryptocurrency and exchange crypto to fiat & fiat to crypto immediately.
GET A LOAN ON YOUR CARD: Spend your cryptocurrency without getting rid of it.
FULL KYC COMPLIANCE: XCARD Wallet is fully KYC compliant. Our onboarding process is much easier than opening a bank account.
INSTANT SETTLEMENT: XCARD decentralized internalizer and intelligent atomic swaps functionality allows for all transactions to be most efficient & in real-time.
ANY PAYMENT CARD: Sign up to XCARD Wallet with your existing payment card and start buying cryptocurrencies or spending them freely anywhere in the world.

Conclude: This is a great project, a convenient payment platform for all users around the world. With an easy and fast transition in combination with Crypto and Fiat, the introduction of Xcard will bring a new era for payments and transactions! Do not miss this project!
To learn more about Xcard, visit the links below:
Website: https://xcard.io/
Whitepaper: https://xcard.io/static/XCard-Whitepaper-21082019.pdf
Telegram Chat: https://t.me/mobilumcom
Twitter: https://twitter.com/xcardbymobilum
Facebook: http://www.facebook.com/mobilumcom/
Medium: https://medium.com/mobilumcom
Linkedin: https://www.linkedin.com/company/mobilumcom

Proof:
Bitcointalk profile: loan.ruiu1
ETH: 0x5622abb8ee518a05ebe541458ac4af690ba43425

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