Wirex, debit card blockchain application, establishes alliance with Dash

in #blockchain7 years ago

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The Wirex Crypton Coins debit card company announced its integration with the Dash project, cryptononeda thought as a payment method and ranks seventh in market capitalization.

Wirex believes that Dash is a major player in the digital money market, and has expressed confidence in a team that inspires them to implement personal finance solutions based on blockchain. They take into account the fact that they have overcome some obstacles such as the regulatory provisions that prohibit the issuance of debit cards backed by cryptonesones outside the European Union, something that affected some of the blockchain clients of Visa that maintained this service in other continents, such as BitPay and Xapo.

Both teams of developers have begun working on a complete integration of Dash's blockchain portfolio for Wirex's mobile application, although they clarify that this will take a hard time and therefore make no promises about the date of launching. They add that this alliance will allow Dash to reach more sites and become an accepted payment method in many places.

In this vein, they indicate that SBI Investment, its main financier, is working hard in the exchange of cryptones in Japan, where these instruments are legally recognized as means of payment, which can certainly facilitate adoption of this cryptomoneda in Japan and even achieve that its price advances beyond the $ 300 dollars.

Unlike other companies issuing physical cards backed by cryptones, Wirex also issues managed virtual cards within its application. It already did with bitcoin and now raises it with Dash, being an ideal card to make payments on the Internet, which can be issued free of charge and instantaneously. For its part, the physical card can be accepted anywhere in the world where Visa is accepted.

Both virtual cards are now available for use with bitcoin in their equivalent to dollars, sterling and euros, but aspire to add more coins to their portfolio. At the moment, you can enter funds through bitcoin via deposit or bank transfer, PayPal or using the exchange service of cryptononedas integrated in the application of Wirex.

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Excellent post, very well articulated. thank you so much.