Easier Payments With Bitcoin

Kajetan Maćkowiak
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Digital currencies or cryptocurrencies from the beginning were only numbers in our wallets.

Now a start-up Tangem which operates from Switzerland and Singapore has launched the first sale of a physical version of Bitcoin.

According to the press release published 3th of the May, Tangem Notes are described as “smart banknotes” were created to “improve the simplicity and security of acquiring, owning, and circulating cryptocurrencies.” Those notes have built-in chip developed by Samsung Semiconductor which allows consumers to carry their BTC stored in denominations of 0.01 and 0.05 bitcoin.

Easier Payments With Bitcoin

The first 10.000 notes, according to the press release will be shipped to “prospective partners and distributors” for commercial pilots all around the world.

The idea behind the product is to develop an environment which will help and ease the use of the cryptocurrencies and blockchain tech. It is possible that when cryptocurrencies appear in more common form, there will be more shops and retailers which will accept them as a payment method.

Singapore is a “safe place” for cryptocurrencies in Asia; when big banks banned cryptocurrencies, Singapore’s government didn’t see a reason to ban cryptocurrency trading.

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