Centra aims to bridge the gap between crypto and fiat currencies, and make purchasing with a range of digital assets as easily available as paying with any credit or debit card. The foundation of the ecosystem is a smart wallet for storing multiple digital assets, and a card that allows you to spend those crypto currencies anywhere in the world where they accept a major credit or debit card.
This gives cardholders access to over 36 million points of sale around the world. The conversion into fiat currencies is done by the proprietary Currency Conversion Engine (CCE) to give the user real-time market conversion.
Centra has also developed a coin (CTR), which acts as the gas and utility currency of the Centra ecosystem, and the foundation for the Centra Cards. You need to freeze a set amount of CTR in your smart wallet to be issued a Centra Card and CTR is needed to access other Centra products.
Centra is also developing a line of Commerce and Crypto products such as a marketplace, digital asset exchange platform, and a native blockchain to handle the processing of our network and coin transactions.