World’s First Gold-Backed Blockchain Debit Card To Be Built By DigixGlobal, Monolith
Ethereum tokenization startup DigixGlobal has partnered with Monolith to produce a new version of the world’s first gold-backed Blockchain debit card. Denominated in Ether (ETH) and ERC20 tokens, Monolith’s Visa Debit card will become customizable for the needs of Digix’s customers as a result of the partnership. “The card will be available to users worldwide who might seek its unique properties,” IB Times quotes Digix CEO Kai Cheng Chng as saying. “The partnership will focus on some specific markets namely countries with weak national currencies and large remittance flows.” Chng added....
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Digix crowd sale sold out within a day, raising a capped $5,500,000 only hours after the opening of “the first decentralized crowdsale on the Ethereum Blockchain” according to Anthony Eufemio, CTO at DigixGlobal, with almost half a million ether coins used in the process. The crowd sale is to fund the creation of one of the first Decentralised Autonomous Organizations (DAO) by DigixGlobal Ltd. which will employ a proof of asset (PoA) protocol to back Digix tokens (DGX) with “99.99% London Bullion Market Association (LBMA) approved Gold.” DGX tokens are created through a “Minter Smart....
Blockchain.com, a renowned and trusted platform to buy, sell, and trade crypto, has recently announced its Visa debit card. The introduction of this debit card has been expected for quite some time now. The Blockchain.com Visa card has a huge waitlist of 50,000 people wanting to sign up. The card is already at its launch. […]
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