Bitcart brings out cryptocurrency payments wearable

Friday 28 July 2017 00:26 CET | News

Ireland-based startup Bitcart has announced the creation of Festy, a wristband capable of facilitating Dash cryptocurrency payments.

Users can add funds to their wrist-mounted wallet at a Festy-branded ATM or using an online transfer service. Although Dash is a cryptocurrency, Festy is compatible with any point-of-sale system that accept Visa contactless payments. It can also be used to make payments on any phone or computer using near field communication (NFC) tags or offline payments via quick response (QR) codes.

The wristband is designed primarily for bar and festival hoppers and can also be used to store tickets, which could play a role in eliminating fraud or verifying ages of compliance at events. Also, the transaction process doesn’t require for the card number or private key to be displayed.

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Keywords: BitCart, Dash, cryptocurrency, wearable, Festy, contactless payments
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: World
This article is part of category

Blockchain & Cryptocurrencies

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