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Topic: Nuvocard (Read 2655 times)

member
Activity: 117
Merit: 10
August 25, 2014, 08:36:39 AM
#14
Yup. Sorry incorrect link attached  Grin

The comment was for congo to Unocoin. I guess inadvertently posted wrong comment in wrong discussion link. Sorry bout that  Grin Tongue
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
August 23, 2014, 02:38:00 PM
#13
Hmm, didnt see anything about this in that link.
Was it an incorrect link?
member
Activity: 117
Merit: 10
August 23, 2014, 02:01:22 PM
#12
Congratulations Neha!!! Nuovocard news hit the hindu business newspaper....

http://www.thehindu.com/business/Industry/bitcoin-startup-unocoin-gets-overseas-funding/article6321677.ece

Congo!!!!
full member
Activity: 168
Merit: 100
August 22, 2014, 10:52:16 AM
#11

Will it be on-blockchain or off-blockchain transactions?

It will be off-blockchain otherwise we cannot maintain the instant confirmation feature and transactions get more expensive due to miners fee.
hero member
Activity: 686
Merit: 500
vini, vedi, no vici.
August 21, 2014, 06:33:56 AM
#10
What Bitpay is doing virtually is Nuvocard doing physically, only difference being no BTC-INR conversion. Is it?
So can we all it merchant solution simplifying Bitcoin acceptance physically?

Yes you can. The merchants will be able to buy and sell bitcoins using the platform if they want to or they can use the card to process sale of goods/services. The whole idea is to make Bitcoins available locally so that you can transact faster than if using an exchange. Just take cash and buy Bitcoins and this will provide a more secure way to transact as the merchant will have to adhere to KYC norms and for India, even the cardholder needs to.

The Bitcoin exchanges will also play a major role as they will be dealing with all the merchant demands i.e. buy or sell bitcoins whereas the merchants can deal with the card holder demands.

Will it be on-blockchain or off-blockchain transactions?
full member
Activity: 168
Merit: 100
August 19, 2014, 07:57:41 AM
#9
What Bitpay is doing virtually is Nuvocard doing physically, only difference being no BTC-INR conversion. Is it?
So can we all it merchant solution simplifying Bitcoin acceptance physically?

Yes you can. The merchants will be able to buy and sell bitcoins using the platform if they want to or they can use the card to process sale of goods/services. The whole idea is to make Bitcoins available locally so that you can transact faster than if using an exchange. Just take cash and buy Bitcoins and this will provide a more secure way to transact as the merchant will have to adhere to KYC norms and for India, even the cardholder needs to.

The Bitcoin exchanges will also play a major role as they will be dealing with all the merchant demands i.e. buy or sell bitcoins whereas the merchants can deal with the card holder demands.
newbie
Activity: 17
Merit: 0
August 19, 2014, 07:10:05 AM
#8
Hey guys, if you have any questions, please feel free to pm me or ask here. Also, its not Bitplastic as that works with Mastercard. We are trying to develop our own platform without converting BTC to FIAT and involving the Local Exchanges to do the latter part. This way, the fees are less and the merchants dont need to worry about fluctuations in the valuation. Also, for users it means very little or no fees. We might allow sending funds to other users/addresses but that will be revealed latter.

What Bitpay is doing virtually is Nuvocard doing physically, only difference being no BTC-INR conversion. Is it?
So can we all it merchant solution simplifying Bitcoin acceptance physically?
full member
Activity: 168
Merit: 100
August 12, 2014, 01:35:09 AM
#7
Hey guys, if you have any questions, please feel free to pm me or ask here. Also, its not Bitplastic as that works with Mastercard. We are trying to develop our own platform without converting BTC to FIAT and involving the Local Exchanges to do the latter part. This way, the fees are less and the merchants dont need to worry about fluctuations in the valuation. Also, for users it means very little or no fees. We might allow sending funds to other users/addresses but that will be revealed latter.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
August 11, 2014, 12:32:06 PM
#5
Has anybody heard about Nuvocard??

http://www.nuovocard.com/news/

Nuvocard – The New Future Of Bitcoin POS ?

8th August 2014, Bhubaneswar,India: NuovoCard International, announces a ground breaking Bitcoin Point of Sale (POS) solution to trade, buy and sell using a debit card. The Nuovocard is a dual purpose combination of a magnetic card which also contains a QR code.



http://www.nuovocard.com/about-us/
Neha Arora - Founder
Neha is a passionate technologist with her speciality in the financial domain. She pursued a few ideology orienting years working as a software engineering technologist with a global Indian IT stalwart,Infosys Technologies .After which she spent passionate years in the education industry painstakingly revamping the outlook of students, bridging the gap between the knowledge and implementation, aiding trainees to innovate instead of merely implement. She is dedicated towards the cause of propagating the use of Bitcoins & other popular digital currencies to make in-store and day to day transactions truly global, decentralized on an extremely cost-effective and secure platform. She is living in India and is married to Harshvardhan Jaiswal, the founder of Cardinal Yachts Manufacturing who is an Industrial Engineer and a relentless innovator himself.


Seems it is a similar service like BitPlastic.com
member
Activity: 117
Merit: 10
August 11, 2014, 11:36:05 AM
#4
Ya i went to the website to check out a few things. I really liked the device they have innovated for swapping up the card, like having your own swapping machine at your hand....really kul  Smiley
hero member
Activity: 490
Merit: 500
August 11, 2014, 12:10:07 AM
#3
Yep, they have a hacker bounty program out in the Services section also
legendary
Activity: 1358
Merit: 1000
August 10, 2014, 07:57:39 PM
#1
Has anybody heard about Nuvocard??

http://www.nuovocard.com/news/

Nuvocard – The New Future Of Bitcoin POS ?

8th August 2014, Bhubaneswar,India: NuovoCard International, announces a ground breaking Bitcoin Point of Sale (POS) solution to trade, buy and sell using a debit card. The Nuovocard is a dual purpose combination of a magnetic card which also contains a QR code.



http://www.nuovocard.com/about-us/
Neha Arora - Founder
Neha is a passionate technologist with her speciality in the financial domain. She pursued a few ideology orienting years working as a software engineering technologist with a global Indian IT stalwart,Infosys Technologies .After which she spent passionate years in the education industry painstakingly revamping the outlook of students, bridging the gap between the knowledge and implementation, aiding trainees to innovate instead of merely implement. She is dedicated towards the cause of propagating the use of Bitcoins & other popular digital currencies to make in-store and day to day transactions truly global, decentralized on an extremely cost-effective and secure platform. She is living in India and is married to Harshvardhan Jaiswal, the founder of Cardinal Yachts Manufacturing who is an Industrial Engineer and a relentless innovator himself.
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