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Review on Spendcoin by francis fernandez

Revainrating 3 out of 5

to spend your cryptocurrencies safely

E-commerce is the ideal channel to make online purchases anywhere in the world. If we add to this a cryptographic platform with a secure infrastructure, we are facing the ideal pair.
SpendCoin is a blockchain protocol that works without custody and promotes the creation of an open market for the acquisition of goods and services online, by processing payments using your cryptocurrency.
Spend constitutes an open ecosystem for trading digital assets, goods and services globally. This commercial ecosystem offers financial products of two types:
- Spend App: Through the Spend application available for Android, IOS or web smart devices; users access a portfolio of digital and fiduciary assets; that allow you to efficiently manage multiple currencies globally and securely.
- Spend Card: It is a financial service that consists of granting a prepaid debit card to its users; with which they can make fiat currency transfers to a recipient that supports Mastercard, through the use of the Spend App.
The Spend ecosystem also has a foundation that develops an educational portal called BlockchainUniversity; which rewards users according to their knowledge with the SPND coin.
Among the most important characteristics of the Spend ecosystem are:
 Gives their coin holders autonomy to use their coin in a wide range of online merchants and stores
 Give promotions, fiat rewards and special discounts for spending your currency in the Spend wallet
 Supports recharging your wallet with any form of payment and using any FIAT or digital currency
Considering this analysis, we can summarize that thanks to the use of the Spend ecosystem, users can spend their money wherever they want just by accessing their mobile application.




Pros
  • Promotes the use of cryptocurrencies
  • It allows to acquire goods and services safely
  • Offers a wallet compatible with multiple FIAT and digital currencies
  • Offers application for Android mobile devices, IOS or website
  • Provides access to multiple stores and virtual businesses worldwide
Cons
  • Not linked to a stable asset