World’s Very first Gold-Backed Blockchain Debit Card To Be Built By DigixGlobal, Monolith

World’s Very first Gold-Backed Blockchain Debit Card To Be Built By DigixGlobal, Monolith

DigixGlobal and Monolith are set to build a fresh Visa debit card using Blockchain technology. The card, the very first te the world of its type, aims to provide a “comprehensive banking replacement.”

DigixGlobal and Monolith are set to build a fresh Visa debit card using Blockchain technology. The card, the very first te the world of its type, aims to provide a “comprehensive banking replacement.”

Blockchain, Ethereum, Debit Cards, Visa, DigixGlobal, Monolith

Ethereum tokenization startup DigixGlobal has partnered with Monolith to produce a fresh version of the world&rsquo,s very first gold-backed Blockchain debit card.

Denominated te Ether (ETH) and ERC20 tokens, Monolith&rsquo,s Visa Debit card will become customizable for the needs of Digix&rsquo,s customers spil a result of the partnership.

&ldquo,The card will be available to users worldwide who might seek its unique properties,&rdquo, IB Times quotes Digix CEO Kai Cheng Chng spil telling. &ldquo,The partnership will concentrate on some specific markets namely countries with powerless national currencies and large remittance flows.&rdquo,

Chng added that cardholders will have a fresh way of lightly acquiring the company&rsquo,s DGX tokens. Thesis gold tokens, which Digix provides ter order to transfer gold ownership to customer ETH wallets, could become a &ldquo,comprehensive banking replacement for the general public,&rdquo, Monolith co-founder Mel Gelderman said.

&ldquo,Ter this vision, stable currency plays a key part. Digix Gold tokens are uniquely tangible and offerande significantly more stability compared to other digital assets, making them a viable option for worldwide adoption,&rdquo, Gelderman continued. &ldquo,Together with Digix, wij will be able to suggest one of the only true commodity backed debit cards and bring back the gold standard ter a meaningful way.&rdquo,

Swiss Ethereum startup Monolith originally launched its Blockchain debit card ter December 2016.

Wij are live at https://t.co/bsy8wYBr3P ! Introducing Monolith Studio and #TokenCard and #ethereum powered debit card. @ethereumproject

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