Clever banknotes from Tangem will make crypto currency massive

By: Eugene Sherban | 30.01.2018, 16:00

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