As the crypto economy is growing day-by-day, Bitcoin is going mainstream too. We have seen futures based on the leading digital coin listed on multiple stock exchanges last month. Many parties are also pushing for Bitcoin-ETFs which will make it more accessible to the non-professional investors.
In the last week of December ‘17, the Canadian fintech firm Fintech Select Ltd launched physical Bitcoin products.
These physical representations of digital coins will be embedded with fractional amounts of Bitcoin and interconnected to a single wallet.
The firm behind this product believes that this physical version will attract a larger audience to the growing digital economy.
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With this launch, Mohammad Abuleil, CEO and President of Fintech Select, stated: “The demand and response from those in attendance was a positive sign that our solution will play a critical role within the Cryptocurrency sector. Our POS solution creates a simple way for consumers to buy Bitcoins and other Cryptocurrencies. We are pleased with the results and intend to gradually update the market on all new locations.”
Recently, Fintech Select has also launched blockchain-based Selectcoin cryptocurrency POS platform. Using this platform, consumers can buy Bitcoins and other cryptocurrencies from retail locations.
The company has launched its physical Bitcoin products alongside its Selectcoin closed loop swipe card, which will give both services a boost.
The Canada-based firm Fintech Select provides products like pre-paid card programs and mobile banking solutions. With the boom in the crypto economy, it has also jumped into the blockchain space to take advantage of the massively hyped economy.
Apparently, this is not the first physical Bitcoin product to have launched on the market. Many other products like Casascius, Alitin Mint, Titan Bitcoin, Cryptmint coins, Antana Coins etc. already created the physical version of the digital entity years ago.