Post
Topic
Board Announcements (Altcoins)
Re: NEM Official Thread {Updates & Discussion}
by
crackerhead
on 16/06/2014, 00:29:14 UTC
Just read a coindesk article about blockchain selling prepaid cards with BTC on them. We could do the same thing with NEM, and it should really help with new users. We could make it as simple and as similiar as redeeming a giftcard. Doesn't seem too difficult to implement. Either make it a scratch-off, or maybe even make it reloadable like a debit card.
Edit: I think scratch-off type would be best to start, the debit card type wouldn't be too useful until brick-and-mortar stores accept it.

It seems like if we want mass adoption, we should use devices such as credit cards that are familiar to most people.

This sounds like a good idea. We could work this in tandem with my ATM project.

I am going to be building a prototype Nem ATM very soon. Software will come later.

Is this the one you are talking about?
Xapo Announces New Bitcoin Debit Card Offering
http://www.coindesk.com/xapo-launches-bitcoin-debit-card-accepted-at-all-mastercard-locations/

Xapo Debit Card
http://blog.xapo.com/post/83436492784/announcing-the-xapo-debit-card

Here is one example of how we could store NEM using a prepaid card instead of a paper wallet.

BlackCoin Card - Transport your valuable BlackCoins safely
http://blackcoincard.com

Blackcoin uses this payment gateway.
https://www.coinpayments.net/supported-coins

This sums up a bit more about what I meant.

I mean more like http://redeem.bitcoin.com/
Where we create a similar site, but just for NEM.
People just throw away the "gift cards" after they redeem the NEM and put it in their online or app wallet.

Essentially:
1st create these gift cards
2nd create "debit cards that are reloadable, and can be accepted by merchants.
3rd step would be next-gen tech, such as a phone/watch/ring

I like the blackcard route (but you have to use a windows pc to connect to it? We need something cross-platform).
I will look more into it, it is something I saw awhile ago, and forgot to follow up on.
btw, I'm rethinking steps 2 and 3, those should be done at the same time most likely.