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Tangem launches Bitcoin [BTC] Smart Notes in Singapore

Arjun B

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Tangem launches Bitcoin [BTC] Smart Notes in Singapore
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On Thursday, 3rd May 2018, a smart banknote manufacturer launch Bitcoin smart notes in Singapore. A Digital asset banknote manufacturer called “Tangem” had announced the launch of smart bitcoin banknotes at the Megafash Suntec City store.

The Note manufacturing company, Tangem explains that Bitcoin smart banknotes are basically comparable to a normal well-protected paper banknote. They also stated that they are cheap enough to hand over to someone as the denominations are very slow.

The company explained their ease of use, without the use of special infrastructure and complicated applications. An NFC-capable smartphone can be used to verify the validity of the smartnotes. The Bitcoin smartnotes are available in two denominations of 0.01 BTC and 0.05 BTC

The transferring of ownership in the case of the new smart notes is anonymous and instant like regular bank notes.

Tangem uses a hardware which is created from the Samsung Semiconductor’s S3D350A chip. They claim that this is the first cryptocurrency hardware storage solution that is available in the market with complete electronic and cryptography certified to Common Criteria EAL6+ and EMVCo security standards.

The company has shared the full source code of its proprietary chip firmware with a Swiss security firm called Kudelski Group. They have completed a detailed review and security audit of the architecture of the Bitcoin Notes.

Tangem is going to deliver the first shipment of 10,000 production notes to prospective partners and distributors around the world. Tangem is operating out of Switzerland and Singapore with the manufacturing units in South Korea and Southern China. They have their R&D in Taiwan, Russia, and Israel.



Tangem is trying to develop a hardware-software platform to promote the mass adoption of blockchain technology in the world. A ompetitorc company, Opendime has been offering a physical product with a similar purpose which is shaped like a USB or thumb drive. They don’t have any amount printed on them.

.A spokesperson for Tangem has said that:

 “There shall be no transaction fees, no need to wait for the confirmation blockchain. With the high-grade EAL6+ protection for all bitcoin Notes. Irretrievable private keys prohibit duplication of wallet and the assets inside it.”





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Bitcoin nirvana is happening right now, says Max Keiser

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Bitcoin nirvana is happening right now, says Max Keiser

Bitcoin’s price pump affected the altcoins’ valuation on an optimistic note. The digital coins recovered significantly this year after losing nearly 80% to 90% valuation since the market crash in the first quarter of 2018. As Bitcoin [BTC] continued to trade between $7,600 and $8,300, prominent analysts in the field speculated that the king coin could potentially spiral down a bit more. However, Max Keiser, a Wall Street veteran and host of the Keiser Report, who is also a noted Bitcoin bull is of the opinion that “crypto spring is here”.

The broadcaster, in the latest edition of the Keiser Report, stated,

“It’s just bleeding right into our lives we can hear the lawnmowers outside in there getting ready for crypto summer and then crypto fantasia crypto parallel dimension and the Bitcoin nirvana it’s all happening, it’s all happening, right now.”

Keiser also noted that the global economy was undergoing “deglobalization” which steemed out of uncertainty and volatility and added that there “was no way to hedge against that”.



Stacy Herbert, one of the most influential women in blockchain and a host alongside Keiser contributed to the discussion. She said at a time when deglobalization has hit the economy, one would certainly go along with Bitcoin. According to the broadcasters, trade wars between China and the USA was currently intensifying Herbert; While recalling history, they also took note that the empires started falling during the period of deglobalization which was eventually followed by the two world wars.

Keiser had previously remarked that “Bitcoin is hard money” very similar to gold, and added that it is going to “respond well to hyperinflation and hyper-money printing”.





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