Is it related to Bitcoin?

2018-05-20T18:55:22+00:00May 20th, 2018||

In the case of the rec, it partly uses the same blockchain technology as Bitcoin, but is opposed to it because it is a speculative and opaque currency of the world economy and therefore does not question the functioning unbalance [...]

Is the value of the currency guaranteed?

2018-05-20T18:54:54+00:00May 20th, 2018||

Yes, the offer of recs automatically adjusts to the demand to maintain parity with the euro. It is necessary to maintain the same prices of goods and services in euros as in recs on the part of businesses.

How is fraud prevention done?

2018-05-20T18:54:26+00:00May 20th, 2018||

The rec only exists as a digital currency, either as a payment card or as a mobile app. The risks and consequences of fraud on cards are of the same nature as credit or debit cards, with an advantage for [...]

What happens if I lose my cell phone or card?

2018-05-20T18:53:54+00:00May 20th, 2018||

The issuing entity, Novact, has emergency mechanisms in place so that the user can warn of any issue, loss or theft, and can block and replace the stolen card or identify any possible issue of the app. Call this phone [...]

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