Binance exchange has achieved significant things in 2020 and it is now ending the year with a cryptocurrency-backed Visa payment card. This has made it to be among a few firms that are offering digital currency cards.
Before entering the virtual currency market, it is essential to understand Bitcoin. Bitcoin will be halved again in May 2020, when it will continue to be scarce and its scarcity will increase its value. No matter how many years passed, the number one is still Bitcoin, which is recognized as the number one of the token stakes for the well-deserved virtual currency.
The giant shoe producer New Balance Athletics Inc. announced on October 17 the roll out of an experimental trial to track the genuineness of its latest sports shoe with blockchain tech to offer reliance and attribution for each customer.
A new type of mobile cryptocurrency exchange and a card paying service will soon be in vogue, as users will be granted access to use the Visa network to make transactions happen between cryptocurrencies and fiat.
The world’s giant financial and payment card firms Visa Inc. and MasterCard are trying to form a specialized team of digital asset experts or invest in venture firms, particularly in creating their private wallets. Mastercard Incorporated is seeking for professional blockchain engineers plus many other executives in the employment unit of its official website.
Several credit card firms have started forbidding Bitcoin and cryptocurrency purchases with various decent reasons. This very week, Apple Inc. in collaboration with two American multinationals financial services firms Mastercard Incorporated and Goldman Sachs Group, officially rolled out a new card providing customers 3% cash-back (discount) on products and services bought directly from Apple, and 2% discount on any products bought using Apple Pay – Apple’s electronic wallet service - and 1% on other related transactions.
The United States based giant cryptocurrency exchange platform, Coinbase, has rolled out its Credit Card in Italy, a Visa card which a customer can use to pay in stores by drawing on his or her online digital currency portfolio.
The Austrian Post has presented the world's first special cryptocurrency and blockchain stamp. The groundbreaking special block links the analog and the digital era. From the dirndl embroidery and lederhosen stamp to exceptional items made of porcelain, glass, meteorite dust or sparkling Swarovski crystals in the past few years.