The cold-wallet of cryptocurrencies, Icynote announced this past January 14 through a statement that it is expanding its network of resellers in Latin America, with the aim of consolidating within the region.
According to the information, the company offers all users an introductory offer, which consists of a membership at no cost, “All those micro-entrepreneurs who wish to officially join our network can do so at no cost, buying from 10 units with a 30% discount and shipping to their country fully discounted “, said in the statement, Marisol Leal, content creator for Icynote LATAM and Icynote Worldwide.
What’s more, added that to obtain the paper money, it is only necessary to contact the company through social networks or by mail, where the interested party must provide certain information, such as address, location, country, company logo, among others, and in this way will be added to the Icynote official resellers section.
Through its Icynote brand, the Swiss company SMD Security Printing Sári has the latest technology in maximum security impressions, also applicable to Smart-Contracts.
This is a cold wallet type of Bitcoin (BTC) in the form of paper money which has the similarity to traditional banknotes. Thus, in this way, any person can load the funds to the ticket and pay with it, in the businesses that accept BTC.
In other words, any establishment that accepts BTC as a form of payment could use the bill as a wallet and receive funds directly from its customers.
How does it work?
As detailed by Leal, The bill has its key hidden under a die (QR+seedillero), which is used to save in bitcoins or make remittances (hold), and its public key is present in its external QR and at the bottom of the bill. If your die is not exposed, it allows you to generate a Bitcoin payment network without paying any type of transfer fee.
He also highlighted that “the ticket can be loaded and reloaded countless times”, and that it is delivered already loaded. The ticket works as if it were a cash ticket and has no transaction costs, in addition, “it allows you to protect your crypto assets from cyberattacks.”
Paper money has no recharge limit and is made to support any amount of digital assets. Once these assets enter the system blockchain, it cannot be hacked and is linked thanks to its keys. Icynote uses the same technology used in the production of Swiss francs in the banknote manufacturing process.
This technology that allows you to use bitcoins in physical bills, seeks to change the methodology of acquisition or payment of goods and services made via mobile wallets.
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