Question to the Steem Community. Would you like to spend your Steem on the High Street and with Merchants that have existing Fiat Payment Infrastructure already in place.
#Promo-Steem - Promoting Strategic #Steem Partnerships around the World - Smart Cards, Contactless Payments and Mobile Applications
Strategic #Steem Partnerships around the World
Over the past couple of years, I have been working closely with a number of Strategic Partnerships working on Projects that will enhance the utility of the #Steem Blockchain and Ecosystem.
One of those Projects is with a business that is working closely with a number of major Global Financial Institutions specialising in providing seamless Gateways between Fiat and Crypto Currencies.
Fiat and Crypto Currencies Gateways
These Gateways allow real-time Point of Sale Transactions for those looking to spend their Crypto on the High Street and with Merchants that have existing Fiat Payment Infrastructures already in place.
Smart Cards, Contactless Payments and Mobile Applications
With a number of options available to us, including Smart Cards, Contactless Payments and Mobile Applications, I am pleased to say that we are near to offering the various solutions that could be on offer.
Appetite in the #Steem Community
The purpose of this Blog is to simply gauge the appetite in the #Steem Community to launch such a Project.
Please leave your comments
I will send a link over to the Strategic Partner working on the Project to read any comments you may have.
Please feel free to leave any comments you may have on this topic as this will help steer the direction and pace of the Project over the coming few weeks.
Thanks again for reading.
Stephen
Hi Stephen
I know you have worked hard for this over time. Everyone will definitely get this opportunity. With such an opportunity, Steem will also reach new heights.
I am posting a promo on world of xpilar with a link to your blog
Awesome.!!
I have sent a copy of the link to this Blog to the Strategic Partner working on the Project for them to gauge the appetite from the Steem Community as to whether this is the right time to launch a Project like this.
It is an ambitious Project but will be made easier if the Steem Community wants something like this.
Comments left are going to be vital to determine the pace and direction we take over the next few weeks.
The more exposure we get the better.
Stephen
Yes, here everyone should give their comment and show their interest in this
Thank you @stephenkendal, of course this is something that we all Steemians wish, we are here and being active in order to make the blockchain spread across the world. How great it will be when people would be able to use Steem simple like we do with our cards.
Steem is only blockchain where we have control of our own wealth and fame. For many it might become their primary work: to publish creative content posts, to contact people, to sell their works and to be free in any place where you go, that is the future and there are so many who would love to share this opportunity.
Thank you for your promotional work Stephen!
Cheers, @stef1 even being located in Scotland my home is Steem
Thanks @stef1
The Strategic Partner working on the Project is reading the comments and it is great to see so much support and appetite from the #Steem Community to see the Project pursued.
Having a facility to make it accessible for people to spend their #Steem will make onboarding to #Steem more easier and especially for those playing The Shopping Game.!!
Stephen
Hi, Stephen
Your idea is amazing! It would be great if you succeed. I especially love the Smart card idea!
I have a prepaid Payoneer card for freelancers. This is a very handy thing! But in our country, the government has declared war for prepaid cards :-(
And I'm pretty sure that they will be pissed off by the Steem smart card)))))
Hi Stephen!
Anything that can increase the network visibility and use cases for earned STEEM is great. There are endless possibilities and services like crypto.com prove there is absolutely appetite for certain innovations. Steem holders can even stake their earned or bought Steem and earn atm 3.8 % annually on their "card".
We will go to a complete digital monetary system, and to a more stable distribution and decreased inflation of the Steem token itself. Atm inflation is 9%, even a not-economist will see this is not sustainable and needs to change ASAP. (at least if we ever want to see a more stable higher price).
To expedite things, witnesses can come to consent that we reduce inflation drastically in the next 4 years. Lower the distribution and increase demand.
We (steemitcommu) do great by implementing the RRR strategy and get as many users using Steem as quickly as we possibly can. Then projects like this have a greater chance to have impact, as more users just have a Steem Wallet and more people that would want to spend it.
Likely users would spend some STEEM on things they already buy and spend worthless money on.
Instead of users now trowing it to the exchanges, merchants and business-minded people will have the possibility to opt-in for staking their Steem and to grow their business as it earns them more in the future.
Like in any system, the working class will spend it, the higher class will find ways to make the earnings work for them. This economy will never go away, so if truly believe you and this project are on to something!
Thanks!
Hi
With so many positive comments from the #Steem Community, I am looking forward to discussing the options open to us with our Partner and rolling out the Project when it is ready.
A #Steem Smart Card, Contactless Payments and Mobile Applications at the Point of Sale will in itself be a great promotion for #Steem as it will allow users to seamlessly spend their #Steem with a Merchant as the would with any fiat based card or app.
Stephen
For the use of a new digital currency to work there must be a computer system that allows the constant movement of a circle of transaction between currencies , in this case from Venezuela that is from Steem to Bolívares and from Bolívares to Steem. In other words, that merchants can easily convert the received Steem to Bolívares and from Bolívares to the dollar.
Currently the financial authorities have wanted to impose the Petro , but the initiative has failed in not giving technological freedom to merchants to exchange the Petros in bolivars or dollars, so nobody wants petros and so on. the transaction circle between currencies stops.
Yes, this would be a great thing to have @stephenkendal, especially if it were a "branded" card like Visa or MasterCard that's widely accepted everywhere.
I'm a big fan of anything that makes it easier for people to use and understand Steem... particularly, answering that pesky question: "What do I DO with these tokens?"
Looks like a dream come true idea. In my opinion it will be one of the most successful project even before launching. It will be great helpful amid covid-19 pandemics. Love the idea by big braing @stephenkendal
Thank you for being awesome! You just got upvoted by the @steemingcurators. We are voting with the Steemit Community Curator @steemcurator02 account to support the best content on Steemit!
Follow @steemingcurators and also the official @steemitblog for info about Steemit, contests and the Daily Diary Challenge! Share your stories on Twitter or other social media to get extra upvotes. Just comment the link in your posts!
Biggest Live Music contest on Steemit #MusicForSteem
Follow @musicforsteem and the official community on Steemit: MusicForSteem🎵
STEEM ON!
Your post is manually rewarded by the
World of Xpilar Community Curation Trail
join the World of Xpilar Curation Trail, info can be found here
Support of Visual Artworks and Photogrpahy on Steem by @stef1 and @art-venture , rewarded by the Steem Community Curation Project ( @steemcurator08 ).