Ben Way – Digits – Turning Debit & Credit Cards into Crypto Cards at the Push of a Button

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.4 • 1K Ratings

🗓️ 5 March 2018

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Paying in crypto can be complicated, and that's something Ben Way set out to change when he began Digits, a crypto payment processor that connects any 16-digit debit or credit card number to a crypto wallet, essentially turning that debit or credit card into a crypto card.
Digits settled with the Visa and MasterCard networks, meaning that merchants don't have to change a single thing in order for this to work. In fact, they don't even have to know when a customer is paying in cryptocurrency and when they aren't. This has and will continue to allow for a simple integration of the Digits product into the market.
Users can download the Digits app in order to turn on or off their credit or debit card in real time, as well as switch between different cryptocurrencies. Digits will support all of the major cryptocurrencies, and will be adding more as new exchanges are brought on.
Tune in to learn more about Digits and a clever new technology they are building behind the scenes- one that will turn every transaction into a crypto-backed loan, which will have a valuable impact on consumers.

Transcript

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0:00.0	Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs.
0:07.6	Future technologies are always to transform our lives for better or worse or the focus of this podcast.
0:13.3	Almost here means these technologies are now here and starting to be used.
0:17.8	We're just around the corner, from Bitcoin to artificial intelligence, 3D printing, blockchain, virtual reality, and more.
0:32.2	Coming to Dallas, Texas, September 14th, 15th, and 16th, 2018, the Blockchain and Future Tech
0:39.5	Expo.
0:40.6	This is going to be a gigantic conference of over 5,000 people.
0:44.7	We're going to be talking about blockchain and its applications.
0:47.6	We're going to be talking about quantum computing, cybersecurity, artificial intelligence,
0:52.0	and several other future technologies that are poised to and
0:56.4	actually changing our lives as we speak. Here's why you should attend. As you may know,
1:01.7	early adopters are the ones that investigated and profited from things like the gold rush
1:06.7	in the 1800s, from the dot-com boom in the 1990s, from the internet boom in 2005, from the
1:13.5	smartphone explosion in 2007, from the real estate boom that ended in 2008, and of course,
1:19.5	from the Bitcoin boom that started in 2012. Early adopters act now, they don't wait until
1:25.0	later. They go out west first and they're covered wagons. They
1:28.4	find the biggest gold nuggets. If you consider yourself an early adopter and you want to find
1:33.5	the biggest nuggets, then you owe it to yourself to attend this upcoming conference. Blockchain
1:38.2	is going to affect how we control and store our medical data, how we send money around the world,
1:43.9	how we bank, and more.
1:45.8	But artificial intelligence, quantum computing, and cybersecurity will play a pivotal role
1:50.7	in our lives as well.
	...

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