Happy Thanksgiving from Mamaecrypto

Stopping by today to wish each one of you a Happy Thanksgiving. I thank you for being part of my crypto journey and with that being part of crypto family. Wish you all the best!

Love, MamaeCrypto

Litecoin announces the release of a debit card - Blockcard Supports LTC, BTC, ETH and More


The Litecoin Foundation announced recently the release of its much anticipated project, the Blockcard debit card.  The debit card will enable Litecoin holders to load their Visa Blockcard with Litecoin and spend their Litecoin assets as cash anywhere Visa is accepted. A technology that bridges a gap between commerce and a new age of global consumers spending digital cash. 

The Litecoin Foundation teamed up with Ternio, crypto credit card provider and Bibox exchange to create a seamless experience for the end consumer when using the Crypto Debit cards. Together they are able to provide a technology that protects the store owner from market volatility. while at the same time, makes it practical for the consumer to spend their crypto assets. The client now is able to load the (Ternio Blockcard) card with Litecoin (LTC), Ternio (TERN), Bitcoin (BTC), Ethereum (ETH) and more. At point of sale the cryptocurrency gets converted into cash. All, possible by the integration with  BiBox exchange that automatically converts the Litecoin into cash as soon as the card is swiped by the client. 

Although this technology is quite advanced remember that it is possible to save more when you do transact directly using Litecoin itself. Companies can now set up and install complete payment systems into their online and physical stores, minimizing their merchant fees. Few merchant solutions for crypto available are: Coinbase Commerce, BitPay, Alliant and Nationwide. Also consumers can download wallets directly into their phone and spend cryptocurrencies using their QR code or crypto wallet address. The official Litecoin wallet is named Loaf Wallet and can be downloaded directly from the Litecoin Foundation web site. There are also multi-currency wallets available that support Litecoin and thousands of other currencies available in the market today. It is important to get educated on all the security steps prior to downloading and using the technology to guarantee the safety of funds.

Final note

The Blockcard release is certainly great news for Litecoin and the Litecoin community. It will enable Litecoin users to spend their Litecoin assets as cash in all business Visa is accepted. I personally believe mass adoption of cryptocurrencies will move in a much faster pace as the prospect of this idea come to life. As regulators adjust to the news I also believe other cryptocurrencies will jump into the idea and possibly launch their own debit cards or join in Blockcard as they gain market share as spendable assets. 


Mamaecrypto.blogspot.com
Youtube: @Mamaecrypto
Twitter: @Miximports
Facebook: @Mamaecrypto
Medium: @Mamaecrypto
Steemit: @Mamaecrypto
Creary: @Mix

Comments

Popular articles

Do crypto banks already exist?

David Chaum anuncia a moeda xx, apoiando mensagens descentralizadas, pagamentos e dApps na rede xx

Crypto Black Friday Deals. Ledger and KeepKey Wallets launching promotions

Crypto Dictionary: The Basics according to Oxford Dictionary

Primeira Live Stream - MamaeCrypto

Litecoin Summit Recap on the Phillip Kennedy Podcast and Channel

Sponsor

Sponsor
Advertise here