Singapore Launches Bitcoin Smart Banknotes

An electronic advantage smart bank-note manufacturer has established Bitcoin bank-notes at a shop at Singapore. Built to get owning and distributing cryptocurrencies as easy as using paper money, they truly are now for sale in denominations of 0.01 and 0.05 BTC.

The business states it "has been delivering the very first shipment of 10,000 production notes prospective sellers and partners across the globe for industrial pilots". Tangem explains their Bitcoin smart bank-notes are "much like some well-protected paper banknote" and "Affordable enough to hand".

Citing their simplicity of usage, the business says there was "No exceptional infrastructure without any complicated software - only touch with the bank note using an NFC-capable smartphone to be 100 percent sure it's legal resources."

Nevertheless, the business asserts it's shared the complete source code of its own proprietary processor firmware having a Swiss security business, Kudelski Group, including this business has completed a comprehensive review and in depth security audit of its own product structure.