This New Tech Turns a Bitcoin and Ethereum Wallet into a Contactless Card

This New Tech Turns a Bitcoin and Ethereum Wallet into a Contactless Card

Plutus, a new start-up based in London, allows any merchant with contactless card terminals to accept bitcoin and ethereum payments regardless of whether the merchant has in fact adopted bitcoin or ethereum. Utilizing the new NFC technology, Plutus aims to make physical Bitcoin and Ethereum payments as easy as tap and go, with merchants not being aware the payment was a digital currency based transaction, ensuring almost universal acceptance of Bitcoin and Ethereum. The Plutus app, showcased in a video, converts Ethereum or Bitcoin on the fly, with the actual payment made in fiat.....


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A new Bitcoin application is coming to the crypto-scene, and this concept is getting people pretty excited. We all want a world where we can spend our bitcoins, but there isn’t enough merchant acceptance. A new service called Plutus wants to change this problem by offering a digital currency platform that uses contactless technology through their wallet. The Plutus team says the service is easy saying: The product is in alpha phase, and people can sign up now to join the testing team. The service is expected to launch in Q1 of 2016 says a Plutus associate. The system works as follows:....