Digitize: Now my loose change is saved!
Digitize: Now my loose change is saved! One of the major problems faced while using fiat currency is the scarcity of “change”, every time you go to the grocery store, there is a high possibility that change (coins) is overlooked or abandoned in the hands of the retailer simply because there wasn’t enough coin with the cashiers’ or they were just too cumbersome to carry around in a purse. A study by the ING Bank Australia confirms that an average adult loses about $60 per year to loose change; this in turn amounts to about $466million yearly in lost change! Secondly, the cost on production of currencies globally (both bank notes and coins) is $28 billion with only coins gulping about $1.5 billion yearly, the production of some of these coins costing more than their actual values. The advent of Digitize tokens seeks to digitalize those loose coins, transition them into virtual currency and make them readily available for the Mainstream. https://digitizecoin.com Digitize will prov...