Ethereum based TokenCard is a Game-Changer for Global Financial Markets

  • The Federal Reserve, World Bank, big banks and virtually all major international financial institutions have created a broken system that steers wealth from the middle class into the coffers of big corporations.
  • Despite trillions of dollars that make up the flow of the global financial system, simply by moving money, money quickly finds it’s way in the pockets of governments and corporations.
  • In recent years, more than any other time in history, consumers are beholden to the imbalances and inequities of the financial markets around them.
  • This broken financial system has undermined the lives of working and middle class citizens around the world, destroyed families and collapsed entire economies.
  • TokenCard allows everyday consumers to spend their Ethereum and ERC20 tokens at VISA® terminals, which are present in virtually every country around the world.

The global financial markets are broken. For all of recent history, our livelihoods have been beholden to the economics of a financial market that does n…

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The global financial markets are broken. For all of recent history, our livelihoods have been beholden to the economics of a financial market that does not have the best interest of consumers at heart. The current financial system is centralized. This means that a small number of central power structures govern the policies, politics, prices, and fees of the worldwide economy. The Federal Reserve, World Bank, big banks and virtually all major international financial institutions have created a broken system that steers wealth from the middle class into the coffers of big corporations.

Despite trillions of dollars that make up the flow of the global financial system, simply by moving money, money quickly finds it’s way in the pockets of governments and corporations. In recent years, more than any other time in history, consumers are beholden to the imbalances and inequities of the financial markets around them.

Swipe a card? Pay a fee. Withdraw cash? Pay a fee. Send a wire? Pay a fee. Exchange Currency? Pay a fee. This broken financial system has undermined the lives of working and middle class citizens around the world, destroyed families and collapsed entire economies. Leading economists have shown that these economic issues are primarily caused by political agendas that prevent the free market from fair competition, which impedes the natural allocation of resources.

Ethereum is similar to Bitcoin. But Bitcoin and Ethereum differ in capability, and that difference in capability stands out when you look at the power of the applications getting built on the Ethereum network. For example, Bitcoin offers one application, a peer to peer electronic cash system that enables online Bitcoin payments. The Ethereum blockchain focuses on running the programming code of any decentralized application.

Ethereum based TokenCard is a Game-Changer for Global Financial Markets