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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

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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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