When we asked people what is the biggest problem of cryptocurrencies, they said that you can’t easily use them to pay for something offline and when someone hacks you, you might lose all your money.
We want to solve that problem by creating a possibility to materialize cryptocurrencies. Before 1973, you were able to exchange us dollars to gold – now, we want to create something similar -a bank note with chip which will be exchangeable to cryptocurrency.
And it’s value won’t be garanteed by your bank or government – it will be garanteed by the laws of physics and mathematics.
You will be able to do it by your own and it will be very secure and thanks to EOS – very fast!
Our special bank note will have 3 functions – generate private key but only once, read public key with confirmation of autenticity and export to EOS cryptocurrency but to do it you will have to destroy your bank note. And such system won’t need internet access to work.
It’s gonna use near field communication just like most credit cards.
We would be very happy to do it on incoming hackathon in Hong Kong,
thank you for your time
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