Powering the Spend Ecosystem of Products
What is Spendcoin?
Spendcoin powers Spendchain to operate the network and as fees. Users are able to use Spendcoin (SPND) on the Spend Wallet to access a wide selection of services or just “spend” it at merchant locations worldwide. SPND enables users access to membership services that allows them to spend their digital currencies.
Earn Spendcoins by spending on the Spend Wallet App and the Spend Visa Card, which you may then redeem directly on the Spend Wallet App for dollars, gift cards, discounts, memberships, and more!
You can participate in the operation of the network by allocating the computing power of your Nodes. Due to this mechanism, transaction processing is decentralized, which allows a person to be not only a user, but also a participant.
Transactions between Spendcoin users are carried out over a peer-to-peer network which makes the transactions much more reliable as the protocol is distributed.
Transactions facilitating through the blockchain are safe and secure. However, always keep your private keys safe!
Spendcoins may be used throughout the ecosystem as a native digital currency on Spendchain or utility token such as on the Spend App & Spend Card.
Spendcoin may used a cross-chain settlement currency to ensure smooth settlement of transactions to certain currencies.