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Softbank launches SBC debit card with a blockchain wallet

SBC wallet card

SoftBank, a Japanese Investment bank, has launched a new bank card with blockchain technology. The card comes with all the functions of a debit card including a blockchain wallet.

The Tokyo based company issued a prepaid visa card with an inbuilt blockchain wallet. The company called it an SBC card which includes a hot wallet as well as a cold wallet. A user will not have to wait for the block confirmation and they can redeem their assets quickly.

According to the company, customers can change between cryptocurrency and fiat currency with a click of a button on the application. 

In the press release, Softbank said it is creating a “Future of payment integration.”

SoftBank has invested with blockchain and cryptocurrency companies from all around the world. The Japanese investment company, in April this year invested $1 billion into WireCard, a German payment company.

About the author


Donna Fuscaldo

Donna is an expert in business, finance, stock market, startups, and entrepreneurship. She has 12 years of experience in the publishing industry and graduated with a Major in Journalism from Boston University. She is also the author of "Make My Startup Succeed" and "Finance Guru". She has worked as a freelance business report for 6 publications in the past. She loves cooking for her 3 kids during the weekends.




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