NAKA Launching the First Self-Custodial Payment Card/Scheme Working on POS Terminals Worldwide

1 year ago

PRESS RELEASE. SLOVENIA – Sep 27th, 2023 – NAKA introduces a caller decentralized attack to finances, built upon a pioneering blockchain-based outgo strategy and a outgo paper that links to the wallet managed by MetaMask and tin beryllium work by immoderate POS terminal worldwide.

NAKA has developed a caller exertion that bridges the spread betwixt the accepted outgo manufacture and the blockchain world. It encompasses a unsocial outgo scheme moving afloat connected astute contracts and a self-custodial outgo card that is disposable to anyone without immoderate slope intermediaries. The NAKA outgo strategy and paper are afloat compatible with the EMV standard, an acronym representing Europay, Mastercard, and Visa. This allows compatibility with virtually immoderate point-of-sale (POS) strategy connected a planetary scale.

The archetypal investigating signifier for NAKA’s paper and strategy volition instrumentality spot successful 2 strategically selected locations: Switzerland and El Salvador. These regions person established robust infrastructure for accepting Bitcoin payments astatine POS terminals, making them perfect for investigating NAKA’s cryptocurrency and paper payments. NAKA’s outgo acceptance strategy volition seamlessly enactment Bitcoin connected the Lightning Network (LN) and the stablecoin USDt connected the Polygon, Tron, and Ethereum networks, augmenting its versatility and usability.

Here is what you request to cognize astir NAKA:

What is simply a NAKA card?

NAKA designed a self-custodial outgo paper that tin beryllium obtained by immoderate user. The paper connects to a non-custodial wallet and enables its idiosyncratic to negociate his funds astatine his discretion. The caller NAKA paper is opening the doorway to decentralized fiscal services, benefiting unbanked individuals and those who mislaid spot successful centralized fiscal institutions.

The paper is backed by the NAKA outgo scheme, a blockchain-based outgo web that executes transactions and settlements by relying connected astute contracts. This pioneering exertion is disrupting the travel of transactions arsenic we cognize it today.

What makes NAKA unique?

  • NAKA cards tin beryllium utilized with the existing outgo acceptance infrastructure.

Compatible with the bequest outgo manufacture standards, the NAKA strategy and paper person the imaginable to beryllium utilized connected immoderate accepted POS device.

During its trial phase, the NAKA paper volition beryllium supported astatine each NAKA point-of-sale locations crossed Switzerland and El Salvador launching successful October and November this year.

  • The NAKA paper is self-custodial.

NAKA cardholders usage the NAKA decentralized exertion (dApp) to link their NAKA cards to a wallet, managed by MetaMask and money their cards with their MetaMask assets (USDt connected Polygon supported) oregon apical them up straight with USDt connected the Polygon network.

  • Anyone tin contented the NAKA paper without obtaining further licenses.

The NAKA paper tin beryllium issued by immoderate morganatic institution either arsenic a alleged superior issuer, wherever the issuing of cards is communicated straight with NAKA, oregon done a NAKA sponsoring issuer.

For much accusation astir becoming a NAKA issuer sojourn our Partners webpage.

Where tin you usage NAKA?

The NAKA paper volition officially motorboat astatine the Plan ₿ Forum successful Lugano, Switzerland, connected October 20th and 21st, 2023. NAKA’s CEO, Dejan Roljic, volition execute the first-ever transaction with the NAKA paper during his unrecorded code successful Villa Ciani. During the two-day event, the selected fewer volition go the archetypal cardholders of NAKA and volition beryllium capable to effort retired paper payments with USDt crossed the venue and the full Lugano region.

NAKA powers 3 Bitcoin Cities

After the authoritative launch, NAKA volition beryllium supported successful 3 Bitcoin Cities crossed the globe: Lugano, Switzerland; San Salvador, El Salvador; and Ljubljana, Slovenia. After the archetypal phase, NAKA volition grow to different markets arsenic well.

Visit NAKA website to larn much astir the products and services that volition assistance you unlock your money.

About NAKA

NAKA is simply a FinTech institution processing a broad suite of fiscal products and services, including a dedicated self-custody outgo card, a blockchain outgo scheme, and a holistic point-of-sale outgo solution, offering a implicit outgo ecosystem. Built connected the instauration of GoCrypto’s occurrence story, NAKA’s blockchain-powered fiscal ecosystem bridges accepted and decentralized finance, committed to decentralizing finances and achieving fiscal inclusion for all. Its imaginativeness is to pioneer decentralized exertion solutions that empower individuals, transcending boundaries to supply cosmopolitan entree to fiscal state for everyone.

Contact: [Nuša Sterniša] [Head of PR] [GoCrypto] [nusa.sternisa@naka.com] [www.naka.com]

 

 

 

 


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