Clever banknotes from Tangem will make crypto currency massive
Startup Tangem intends to issue smart banknotes with the help of which a simple person will be able to use kpristovalyuty as ordinary money.
How it works and how much is
AT smart Tangem banknotes are mounted a special chip, on which contains data on currencies and digital assets. By it is not as much a banknote as a crypto-credit . Thanks to Tangem it will be possible to transfer bitcoins from hands in hands using them as a normal currency. The only difference is that this currency is not supported by the state. AT Unlike online transactions , the process will be instant, anonymous and free. The price of one digital banknote - $ 2.
Why do you need digital banknotes?
Because in Unlike standard crypto currency they are simple in use. By the point if person will be a smart banknote, he does not It will take 9 circles of the crypto. It is enough to be able to use cash.
Is it safe?
As one of the authors of the project, Andrei Pantyukhin, the cost of one banknote is $ 2, which is much lower than the cost of efforts that need to be spent on her breaking. " Moreover, hacking one banknote, you not get access to the rest, - adds Andrew. - However, less, we used in their technology protection from unauthorized access, which were improved in for decades. "
What perspectives
Working technology already exists. Now Tangem needs to convince strategic partners in fidelity of the course. After all, the idea of the physical embodiment of a digital wallet has long been in air, but from this side to she has not approached.
Source: Hackernoon