Digits

DIGITS is a platform that integrates the cryptocurrency market into the credit and debit market enabling people who hold cryptocurrency to easily make any payments of goods and services via their existing debit and credit cards.

PROS:

• The platform use enables the users to make  faster transactions  using crypto as a means of payment  hence  promoting efficiency in trading
• The platform has a well generated  and easy-to-use consumer application  that allows the users  to authorize transactions and modify  their accounts  details easily   enabling them  to pay for anything, anywhere  in real time
• The platform uses hash encryption  on the 16-digit card number so that it never has access to the actual card number making it to highly secure  the user’s details
• The platform use eliminates fraud and charge backs as all the transactions  are authorized by the users
• The platform  has a credible team on board with  adequate skills and experience  under the guidance of the project’s  CEO  Ben Way who has an excellent crypto credentials
• The platform white paper is properly detailed  giving the user adequate information on the project use  with easier means of making  payments using cryptocurrency

CONS:

• The platform  doesn’t allow payments using fiat currency
• The platform  DSI token value is not highlighted  in the pre-ICO stage

SUGGESTIONS:

• The DSI token should be involved in the pre-ICO sale to enable it to raise adequate funds for the project  implementation
• The platform should equally integrate the use of fiat currency as means of payment with the existing debit and credit cards

NOTE:

The platform use promotes easy crypto trading as it permits the users to make payments of goods and services using their cryptocurrency as it links their customer’s debits and credit cards with the cryptocurrency. I would therefore invest in this project.

Pros Automatic Savings — Digit's service makes saving simple and as easy as sending a text message. In fact, you don't have to make any transfers if you don't want to. Simplified Goals — With one savings account, you can simplify your goal and work toward one small short-term savings goal. No distractions and it's easy to stay on track. Save Without Thinking — Once you set up Digit it's easy to set-and-forget your savings with them. Next thing you know, you have some vacation or fun money saved up. $5 Referral per Signup — Get $5 for each friend you refer to Digit's service. Cons $2.99 Monthly Fee — Digit costs $2.99 a month to use their service. Cannot Perform Transactions via the Website — You cannot make deposits or withdraw money via Digit's website. Unexplained Savings Algorithm — After questioning Digit's team and CEO directly, I still have no idea how they determine how much money to transfer into your account every few days. If you don't want to give up the control of your finances, you may not like their vague algorithm. Small Savings Interest — The way Digit makes money is off of the interest your savings account makes while paying you only a very small portion based on the money in your account. Not for Long-Term Savings — Digit won't make you rich and it's more difficult to save money towards a larger goal, like buying a home or retirement.