When planning a holiday abroad, a tourist always encounters the problem of converting his or her currency into the local currency or such a universal currencies as dollar or euro. The search for a currency exchange with the best rate takes a long time, starting from searching for all the best offers and ending with the way to a currency exchange. But, if we consider even the most profitable offers of the banking sector, the commission for conversion still remains significant. In connection with the travel cost of a flight and a tour itself, each tourist wants to save money and get maximum impressions from the rest for a smaller amount. Decentralized XRT Foundation platform offers to save money on converting currencies to pay for food in restaurants and cafes around the world.
https://www.xrtfoundation.org
Key Features of XRT Foundation
No cash or credit cards are required to pay a bill in a restaurant. The access to the platform’s services is carried out through a mobile application, where each user has own office, cryptocurrency wallet and access to the companies connected to the server. XRT Foundation automatically generates a bill for lunch and presents it to a customer who easily pays for the order and enjoys a delicious lunch.
Benefits of XRT Foundation
XRT Foundation project is based on blockchain technology, which eliminates scams in the network. With any suspicious activity or complaint from a client for unscrupulous work, platform managers check a company and, when confirming illegal work, block it. Each user, whether a restaurant or a client, is registered with the GCC for mandatory identification, which also increases the level of safe and honest operation in the system.
The user's cryptocurrency wallet has an enhanced level of protection thanks to double authentication when entering a personal account. Due to the use of smart contracts, the account is paid through XRT Foundation in a matter of seconds without huge commissions of provider banks.
The work of XRT Foundation is based on the use of a mobile application, which will be available for iOs and Android. It is free to install the application. The business model of the project is based on payment of a commission for using the system by the food industry network. XRT Foundation has a comfortable interface and a volume filter which allows to easily find institutions depending on a country, city and location of a user. Each connected institution will be able to post its menu with prices and information about current promotions. Thus, partner companies will receive an additional sales channel for their products.
https://www.xrtfoundation.org
The app navigator will allow a user to find the nearest places and help to make a scheme of a trip to a necessary place.
XRT Foundation cryptocurrency
Calculations on the platform are carried out using XRT tokens. A total of 500 million units were issued, of which 330 million were allocated for sale. Preliminary sales on the project were successfully over. Currently, the second stage of the main crowdsale is in process until August 15, where you can buy tokens at a price of 6,000 XRT for 1 ETH (including 15% of a bonus). The ICO ends on August 30. You can buy XRT using ETH, BTC, LTC, etc.
Summary
Thus, XRT Foundation project will allow its users to save on the exchange of cryptocurrency and will enable the rapid calculation of bills through a mobile application. XRT Foundation will help you to choose the most suitable type of restaurant, book a table for a certain time and make a preliminary order of dishes you like, excluding the waiting time for the execution of an order.
The project was launched in late 2017, and there is already an operational version for Android. By the end of September, iOs version will be launched. Initially, Asia has been chosen as the target market of the project. The full functionality of the platform will be available by the end of the year.
Links:
Website: https://www.xrtfoundation.org
WhitePaper: https://www.xrtfoundation.org/public/docs/whitepaper.pdf
Telegram: https://t.me/xrtfoundation
Facebook: https://www.facebook.com/xrtfoundation2018
Twitter: https://www.twitter.com/XrtFoundation
Medium: https://medium.com/@xrtfoundation
ANN: https://bitcointalk.org/index.php?topic=4496581.new#new
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.