The concept of a physical debit card for cryptocurrencies is something that has always triggered the interest of crypto enthusiasts. Well, Litecoin foundation is going to make it a reality. The firm will launch a crypto debit card. It has teamed up with Bibox Exchange and blockchain firm Ternio for this project. In the coming weeks, Litecoin Foundation will notify its users regarding the registration access to the upcoming crypto debit card.
The debit card will carry the name of “BlockCard”. It will allow the users to spend crypto both online and in the physical world as well. For regular day-to-day shopping, people can make use of BlockCard. It will support Litecoin, Bibox Token and Ternio. The forthcoming debit card will be integrated directly into Litecoin’s LoafWallet and the Bibox exchange. Bibox will scrutinize the user’s fund while Ternio will provide the platform on which the whole system will operate.
Some times back cybersecurity exponent, John Mcafee also declared to launch a Bitcoin debit card. A physical crypto debit card will make the transactions easier. At the same time, it will also bring the concept of crypto closer to the public.