Metro Bank, Deloitte and Setl, a blockchain start-up, have developed a contactless payment card using distributed ledger technology. He said the trial had proven scale, capacity and regulation – including KYC and AML – were not an issue. The new cards will be issued by the banks in partnership with cryptocurrency exchange Coincheck, which is backed by venture capital firm Andreessen Horowitz.
Metro Bank, Deloitte and Setl, a blockchain start-up, have developed a contactless payment card using distributed ledger technology. The new cards will be issued by the banks in partnership with cryptocurrency exchange Coincheck, which is backed by venture capital firm Andreessen Horowitz.