4th Street Bar Hive-Bar

Hive-Bar Powered by Hive beta-fdb5b5b

Community post

Smartcash & Smardcard

One of the Smartcash features that I'm waiting is the Smartcard.
For those who are not familiar with it, smartcard allows user to spend their smartcash without having a phone or Internet connection. Just scan the card at the merchant POS (point of sale) and key in the PIN number.

Below is the Video demonstration of smartcard

https://www.youtube.com/watch?v=qc20If7iDtc

The impact of this is huge. Previously, to spend any crypto you would need at least a smartphone. However if we want to serve the unbanked and the poor, they are most likely does not owned a smartphone.

Imagine in a rural area where you want to help families who earn less than $5 per day. They would not own a smartphone which will exclude them from cryptocurrency. With smartcard, we can provide them with a loaded account and they can spend smartcash at any shop that accept it.

With community funding from smartcash I hope there will be more outreach to the unbanked and less fortunate.

1 upvotes $0.00

Replies (6)

Review before signing

Posting as . Signing with . Keychain permission: Posting. Hive Keychain will ask you to approve this action next.


  
Technical details

Operation fingerprint: