29 Nov '13, 1pm

Bitcoin payments with a simple tap? Multi-purpose nio Card gets added functionality

Bitcoin payments with a simple tap? Multi-purpose nio Card gets added functionality

A British startup called Bluenio has revealed what it claims is the world’s first Bitcoin payment smartcard – or at least it will be if no others have popped up by the time it ships in March. Bluenio is already in the middle of a Kickstarter campaign for the nio Card, which was initially pitched as a security chain for helping to cut down on the loss of smartphones and wallets. It still does that – it does a few things, actually — but on Friday the company said it would also function as a Bitcoin wallet-slash-payment-card that can transfer money “in a single tap” using near-field communication (NFC) technology. Easier Bitcoin payments “It’s a cool way to provide secure Bitcoin payments in a way you currently can’t do,” Bluenio co-founder Ben Hounsell told me. “The way of making a Bitcoin payment right now can be a little bit convoluted, or certainly not as easy as making a...

Full article: http://gigaom.com/2013/11/29/bitcoin-payments-with-a-simp...

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