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Valencia, Venezuela
4 Level
1087 Review
776 Karma

Review on Ternio by José A Rodríguez

Revainrating 3 out of 5

A Project Wanting to Offer a Real Banking Option

Ternio is a blockchain and cryptocurrency project that provides a set of services including the mentioned ones, and also a debit card, and a mobile app to the reach of individuals around the workd. The main reason of it is because this blockchain wants to become in a real banking option through modern applications it can offers. This idea comes directly of the limited payment options there exist in the real-world not only about services, bit with the money itself.

On one hand, users can apply for the modern debit card of this company and buy without boundaries and restrictions by managing cryptos untiks the last moment. The card has an automatic inner service that would determine the rate that has been saved in crypto, and will be converted in a balance in cryptos, specifically, USDs. The benefits of using this card are of rewards based in cryptos that the company will provide. Users can also fin the option for enter deposit accounts into the system, here was when I noticed the company really wants to be a bank managing cryptos.

Some things have been updated in the project during the last months. Before it was difficult to think of this project as a legit release since it had a
Lack of consistent information, and although many things are still necessary to know, it is better thanks to the options of scalability and the power contained on it. In fact, the best thing of this company is linked to its need of becoming scalable and offer that scalability for individuals. As part of its professionalism it have special support in a foundation that is partnered to Hyperledger and Stellar, there Tenido is helping the company to overcome problems fro growing up.

So, in conclusion, Ternio seems to be a project with a stunning idea, but it is not at all. For me, everything explained by the company is great, there is concistence in the things the say and those that are offered. There is a great action plan that involves finances themselves. Bit when talking about a real contribution, this project has so much to think and assess because despite being a blockchain, it does not look similar to no one, and it nether provides information of value for the token managed on it's more than the external ones available. Ternio is a project that can be followed closely, and from its way learn of the corrections their team made of it.



Pros
  • Excellent idea for becoming a banking option that offers entries to finances through cryptos. It helps to empower customers to be their own bank and conquered financial freedom.
  • Different set of services available to manage which includes debit cards, payment options, the attendance in the blockchain platform, and APIs.
  • Good design, a little bit minimalistic, but great for what they offer.
  • It has a reliable option to buy phisically with the card by using cryptos, and then it will convert into fist.
Cons
  • The main idea of this company is still empty. They seem not to be focused on a real scope this could have for the world, and the internet since it would become in a limited project that can just be used by those countries who already manage cryptos without restrictions.
  • There is not real information about the blolckchain project, and the value of its cryptocurrency. It is just something that has been shown in the first section of the page.
  • It still low known by users around the world. It has a low rating in the market.