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Review on Ternio by francis fernandez

Revainrating 3 out of 5

Ternio: bringing blockchain technology closer to daily life

We live immersed in an increasingly technological and sophisticated world where social networks and electronic commerce are increasingly present in our lives. That is why the universal adoption of the use of digital money is becoming more and more valid. This is one of the challenges facing the Ternio platform.
Ternio is a financial ecosystem that uses blockchain technology to develop and design decentralized solutions that are required in electronic commerce carried out by companies in the financial sector and in the daily work of ordinary people.
The main mission of the platform is to bring the use of digital money to all strata of commercial society, implementing various financial instruments based on the security provided by the blockchain.
In this sense, Ternio has designed its own cryptocurrency known as the TERN token that serves as a means of payment on its platform and on other chains such as BlockCard and Lexicon.
In addition to its own TERN token; The platform offers a robust ecosystem of decentralized financial instruments, such as: cryptocurrency points of sale, digital accounts, business APIs, among others.
Main utilities:
• Allows you to use electronic money to buy goods and services without having to pay conversion fees, using your card.
• Serves to transfer assets using virtual deposit accounts
• It is accepted as a means of payment in multiple merchants globally
• Provides decentralized finance applications to companies adapted to their demands
There are many benefits that this ecosystem brings to companies in the financial sector; since it has the necessary technological infrastructure to do it efficiently. For this reason, it has enough added value to drive reliable financial services that remove the barriers of traditional finance.




Pros
  • Drive the massive adoption of digital money
  • Provides innovative technological solutions to companies
  • It allows to link conventional commerce with blockchain technology
  • Supports multiple digital currencies and cryptocurrency debit cards
Cons
  • Variable value of their currency