Swiss company launches first Bitcoin banknote

Tangem Notes is now available in denominations of 0.01 (approx. 95 CHF) and 0.05 BTC (approx. 475 CHF) and improves simplicity and security when purchasing, holding and circulating crypto currencies for both demanding and incoming users.

Based on a newly developed S3D350A chip from Samsung Semiconductor, Tangem Note is the first hardware storage solution on the market whose entire electronics and cryptography are certified according to the Common Criteria EAL6+ and EMVCo security standards.

Vijay Sondhi joins Tangem as Senior Strategic Advisor to lead the platform into new markets and industries. Vijay has a unique leadership network and experience after five years with VISA as Senior Vice President and Head of Innovation.

The Kudelski Group, under the leadership of Jean-Philippe Aumasson, has completed a thorough review of Tangem’s security architecture. Tangem has now shared the complete source code of its proprietary chip firmware with Kudelski for a comprehensive security audit.

As Singapore takes the lead, Tangem delivers the first delivery of 10,000 production notes to potential partners and distributors around the world for commercial pilots.

Tangem operates from Switzerland and Singapore and produces in South Korea and South China as well as Taiwan, Russia and Israel and develops a hardware software platform to promote the mass application of blockchain technologies.

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