FuzeX Card - Made in Korea
Making cryptocurrencies spendable is one of the goals for the team at FuzeX.
With a team composed of employees from Brilliantts (a Korean company) - they have the experience in combining multiple credit cards, debit cards, and membership cards into one smart card called Fuze.
FuzeX is their project where they try to use that expertise to make cryptocurrencies like BITCOIN and ETHEREUM spendable at any place that accepts cards.
Here's the FuzeX card being used to buy food at McDonald's in South Korea:
Features of the FuzeX card:
- Combine up to 30 different credit, debit, reward cards and cryptocurrencies in 1 card
- Has EMV and a dynamic magnetic strip
- Can display your balance on the e-paper display (on the front)
- Bluetooth connection between FuzeX Card and FuzeX Wallet for added security
- Supports Near Field Communication (NFC) for credit and debit card payments
- Supports barcodes
- Support QR codes
If you want to see those features in action, try checking out this video by UNBOX THERAPY:
Our personal thoughts:
Products like the FuzeX card help add liquidity to your crypto assets and is one of the things that help generate interest in cryptocurrency and in effect, increase market adoption.
A crypto card is one of the essentials for those living off Bitcoin BTC / Ethereum ETH / Icon ICX. This saves you the hassle of manually converting your crypto to fiat before paying companies and businesses that have not yet accepted cryptocurrency payment options.
While it will be entering a market filled with formidable competition from the likes of Singapore based TenX and United States' Centra, a product coming from a country with a huge number of cryptocurrency investors (South Korea) is an edge that the FuzeX team can definitely take advantage of.
With a planned release of the cards on June 2018, this is something that I'll definitely be looking forward to.
Check out FUZEX
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