Savedroid - Saving Cryptocurrency More Easy

Februari 10, 2018

DETAILS PROJECT...

The Savedroid ecosystem is changing the way people save cryptocurrency making it super easy and convenient for everyone. Savedroid is a German company that specializes in FinTech AI saving technology. Users will be able to choose savings plans in various cryptocurrencies such as Ethereum, Ripple, Bitcoin, Litecoin, and others. There will also be other opportunities offered with easy access. These offerings include derivatives, portfolios, and ICOs. Their technology allows for easy automatic conversion of money to cryptocurrencies. The cryptocurrency is then stored securely with easy access.

The advantage of cryptocurrency is that it is decentralized with low fees and fast transaction speeds. It can be somewhat complicated for new users to get involved with cryptocurrency, that is why Savedroid has come up with a simple solution to encourage mass adoption. Their mobile application will be as simple as using any other mobile app. With Savedroid there is no need for handling private keys, dealing with crypto exchanges, or having crypto wallets. With this simplification, many more users should start investing in cryptocurrency.

The Savedroid application uses their own AI algorithm. They focus on three aspects for saving. The first is automation of saving so that money is put away automatically without a user having to think about it. The next feature is for the support of micro savings. Next, unique events are tied to savings so that people can get excited about saving.

A new user starts by setting up a savings goal. Then events unique to each user can be defined which create a transaction for saving. One example is setting a rule so that five dollars is saved whenever a person walks four miles. The Savedroid app has the ability to connect to other fitness apps, so it can see when this goal is achieved. The app is also connected to an individual bank account, and achieving the goal automatically transfers the preset amount to a users Savedroid account. As time goes by, the app learns some of your preferences, and may start suggesting other ways to save. The whole idea of Savedroid to make saving a fun experience while being simple to use.

There is already an existing base of users for Savedroid with over two hundred thousand downloads and ten million in completed transactions. Another exciting feature of Savedroid is that it can also help you make smarter financial purchases. For example, if it sees what you are currently paying for your cell phone plan and then finds a cheaper option for you with the same features, it can make an in app suggestion for a different plan. This way Savedroid helps you with personal finance as well as micro savings.

There is going to be a Savedroid token associated with the platform with the symbol SVD. When users pay for a service using SVD tokens, a percentage of them are burned. This takes them out of circulation so that the overall number is reduced creating a higher value for the tokens still in circulation. If you are interested to find out more about Savedroid, check out the links listed here.

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