SmartCards - The Future Of SmartCash Is Here

in #smartcash7 years ago (edited)

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SmartCash is finally releasing the SmartCard. This offers "to solve many of the problems traditional payment systems are facing such as long settlement times, chargebacks, and high fees".

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What Are SmartCards?

The idea for SmartCards is pretty simple: Using SmartCash as a payment solution without the banking system as intermediary that works in a real-life scenario without waiting time and fees and within the widely available technology.

To create a new SmartCard you can either use the web or mobile application and then top it up with SmartCash from one of your wallets. You will need a 6-digit pin number to access the funds on the card. As a merchant you will get a point of sale app that automatically calculates prices from your currency into SmartCash. A simple scan of the QR-code on the buyers SmartCard will initiate the sale and be confirmed with the buyers pin code.

The transaction is confirmed instantly which is enabled by the broad SmartNode network of SmartCash holders. And there is no transaction fee but a tiny blockchain fee of 0.001 SMART. You don't even need an internet connection as a buyer. The QR-code can be scanned in your offline app or you print a physical card and use that instead.

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The Future Of SmartCash

This is a a fascinatingly simple solution to use SmartCash as a payment method. With that move the coin positions itself very well in a very competitive market in the cryptocurrency world. This is exactly what we needed and will make it much easier for so many merchants to adopt SmartCash as their first crypto payment. Everyone can use this system and the advantages are massive.

The final piece to make this the ultimate user experience is the multi-currency mobile wallet which allows for a quick exchange of SmartCash into other popular coins. Because then the ecosystem would allow for a seamless flow of funds in and out at a highly intuitive level. This combination is what I think will make SmartCash really attractive to a lot of users who have never used cryptocurrencies before.

But first we have a lot of work to do to educate people about the advantages of the digital money. Luckily the proposal system allows smart individuals to take the initiative and bring SmartCash to where it is needed most.

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SmartBee Videos

SmartBee Videos

For more information about SmartCash please watchwatch the following videos:




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Great write-up just one thing. The #SmartCard was a different release, has a different team working on it and was not part of the 1.2 Release. Great work from all the devs teams at #SmartCash

Oh, thanks for the info. I have edited that out of my post. The timing is great though, as the SmartCard comes together with 1.2 and finally makes use of our SmartNodes.

How many merchants are adopting SmartCash since now?
How is growing the number of merchants accepting SmartCash?
Thank you, @flauwy!


A big hug from @amico!

Have a look here:

I will be looking at getting another merchant set up in Sydney, Australia. https://smartcash.cc/merchants/

Oh, thanks for the URL, @oscarblue04!

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withdraw 1 SWEsbseypZ8nZ9LLzA9vfu7m3Uw3dMsoxC

Use @smartbot withdraw ....

this is some great news

It seems a potential project for sure

Thanks for the info :)

Interesting, I'm definitely going to take a closer look at this.

I'm impressed, nice to see this progress..

They’re super dope! Did you make one yet?

that's going to be a viral feature of smart cash wonderful things they are working on

Super Post! Upvoted

withdraw 1 SWEsbseypZ8nZ9LLzA9vfu7m3Uw3dMsoxC

@smartbot tip 30

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