Review on Monolith by Gabriel Medina
Monolith a trusted platform that offers multiple services
Monolith is a safe and reliable platform thanks to Blockchain technology that is backed by the Ethereum structure. It is considered as a decentralized banking alternative. The best thing is that we can protect our funds without any central authority, intermediaries or third parties. The services offered are the same as for a traditional bank. However, these will be digital and improved so that users have better control of their funds and can even store digital assets.
They provide a wallet where we can store ERC20 tokens that we can also exchange them for fiat currency and charge them to the VISA Monolith debit card that this platform offers. This debit card is accepted worldwide. The platform's token is TKN, which will give members the opportunity to bring the Monolith card to life.
In general, Monolith is a platform worthy of recognition for all its services offered. In addition, it is open source, decentralized and we will have no problems using it.
Pros
- It provides a wallet where we can store ERC20 tokens and then exchange them for fiat.
- Ethereum-based blockchain.
- Offers a VISA card.
- It has its own token.
Cons
- It is not very popular.
