Cardano Is Working on Cryptocurrency Chips

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According to Charles HOSKINSON, Cardano project head, such chips help make crypto payments as simple and affordable as payment in cash. Cardano is developing chips for cryptocurrency payments. Cryptocurrency chips are also particularly important to those who do not have stable access to the Internet. Creating chips and cryptocurrency devices of this kind to become popular and affordable among people also take time. Select the text and press CTRL+ENTER Read something else important Shopify Adds Cryptocurrency Payments Argentine Football Association Launches Its Own Cryptocurrency for Virtual League Arizona Successfully Using Blockchain Platform in Voting

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Cardano is developing chips for cryptocurrency payments. According to Charles HOSKINSON, Cardano project head, such chips help make crypto payments as simple and affordable as payment in cash.

Hoskinson also notes that such devices could be used not only for payment with cryptocurrencies, but also for authentication of goods. Cryptocurrency chips are also particularly important to those who do not have stable access to the Internet. For example, in Africa, only 2% of the 6 million farmers have smartphones. Thus, online payments are simply unavailable to most of them. Chips, in their turn, will help in solving this problem.

08.05.2020  |   in Cryptocurrencies Hoskinson Considers Pan-African Currency on Cardano Cardano head also emphasizes that the implementation of the idea will take much time and it is a long-term project. Creating chips and cryptocurrency...

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