On the occasion of its third anniversary, Binance announced the official launch of the Binance Card which took place in the middle of the BinanceTurns3 virtual conference. The project had the expectation of the crypto community and finally today it is available for users.
At BinanceTurns3 the official launch of the Binance card was announced
Binance Card uses the Visa platform, which allows the use of crypto-currencies within the wallet to make transactions and from today, it is already available to the public.
This was announced by the world’s leading crypto currency exchange, Binance, at the BinanceTurns3 conference to mark Binance’s third anniversary.
Binance Card, will support a total of four cryptom currencies at the time of its launch. These cryptomontages include Bitcoin (BTC), the native Swipe token, SXP, as well as the native Binance token, BNB, and the stablecoin Binance USD (BUSD).
According to the announcement, the Binance Card deployment will allow users to instantly convert cryptom currencies to fiat. It will also allow them to be spent at more than 60 million merchants in 200 regions and territories.
Binance stressed that Binance Card will basically function as a traditional debit card. It will not require users to manually convert cryptomonies to fiat before making a purchase.
It was also announced by Binance CEO Changpeng Zhao during the BinanceTurns3 that the digital card is currently compatible with mobile payment platforms such as Samsung Pay and Google Pay.
BinanceTurns3: Official launch of Binance Card
At BinanceTurns3 Off the Charts we talked about the DeFi
During the „Off the Charts“ virtual conference, to celebrate Binance’s third anniversary, expert panelists met virtually to discuss the rise of decentralization and DeFi.
During the panel, the participation of Rune Christen, the founder of MakerDAO, Joseph Lubin, better known for helping to found Ethereum and ConsenSys, was highlighted. Also present was the founder of Outlier Ventures, Jamie Burke, and on behalf of The Defiant, Camila Russo.
In it, Rune Christen, founder of MakerDAO said that: „The DeFi are the way to break those centralized platforms, allowing countries cut off from global finance to access and eventually manage dollars and other currencies“.
Blockchain for Coronavirus
Blockchain is already dominating some industries despite being a nascent technology, said Don Tapscott, president of the Blockchain Research Institute.
At Binance’s „Off The Charts“ virtual conference, the author of „Blockchain Revolution“ said technology was making waves in the financial services industry, health care and beginning to influence the oil and gas sector.
„I think this one is big too. That it could be a killer app for blockchain because we all care about our health,“ he said.
He noted the ability to use Bitqt technology to fight pandemics, such as the use of blockchain for patient records.
Such systems allow patients to give researchers permission to use their health data under certain conditions. But patients retain control over them, Tapscott explained.