Receive all Cointelegraph news immediately in Telegram. JOIN × News Bitcoin News Ethereum News Altcoin News Blockchain News Regulation Scams Guides & Analytics Bitcoin Bitcoin101 Price Index Price Analysis Ethereum Ethereum101 Price Index Price Analysis Events BlockShow 2017 Helsinki 2016 Events Events News Explained ICO Calendar Press Releases Submit a post Submit press release Events About Us Catalog Advertise Franchise Join Us The Cointelegraphfuture of money Toggle navigation Submit a post Submit press release News Bitcoin News Ethereum News Altcoin News Blockchain News Regulation Scams Press Releases Guides & Analytics Bitcoin Bitcoin101 Price Index Price Analysis Ethereum Ethereum101 Price Index Price Analysis Press Releases Events BlockShow 2017 Helsinki 2016 Events Events News Press Releases Explained ICO Calendar Advertise 2 HOURS AGO By Jon Buck Irish Tech Startup Releases Wearable Cryptocurrency Device Irish Tech Startup Releases Wearable Cryptocurrency Device 2301 Total views 145 Total shares The rapid increase in cryptocurrency popularity, along with the burgeoning market for ICOs and other Blockchain technology has lead to some surprising new tech being released onto the market. The most recent of such releases is a wristband that allows users to pay for drinks, food at bars and other restaurants and festivals using their Dash holdings. The tech, called Festy, is the brainchild of Irish tech firm Bitcart and will be the first of its kind on the market. It utilizes a QR code with a Blockchain infrastructure that takes advantage of Dash’s InstantSend technology, making payments nearly immediate, but with much lower fees than legacy credit cards. CEO Graham de Barra said, “Our partnership with Dash makes the perfect payment solution for everyday transactions. Unlike existing traditional bank payments that take a two to five percent fee, there is no cost on receiving Dash for merchants.” The concept is new in the cryptocurrency world, as companies seek to find ways to capitalize on the sudden surge of public interest in decentralized currencies and Blockchain technology. The clear advantages of Blockchain in terms of security and payment verification have prompted the rise in interest as well. Altcoin News Cryptocurrencies Markets Dash BitCart Payments Transactions Decentralization Ireland Comments Hide Comments Hottest Bitcoin News Daily For updates and exclusive offers, enter your e-mail below. Cointelegraph News Top News Recent Editor Recommends Buckle Up: Bitcoin Price Heads For Below $2,000 As August 1 Nears 46982 | 35 Tezos $232 Mln ICO Sparks Fresh Fears For Ethereum Sell-Off 43632 | 11 Ari Paul, Tuur Demeester ‘Look Forward’ To Up To $1k Bitcoin Fees 41527 | 12 Ethereum Price Analysis: July 4 – July 11 31724 | 9 The Brief History of Bubbles 29107 | 15 Micropayment Company Ditches “Outdated Bitcoin” For IoT Technology 1670 | 2 Blockstream Meets BitTorrent: Lightning Micropayments Suggested to CEO Cohen 2197 McAfee Stakes His Name, $10 Mln On Bitcoin Split 4351 | 4 Petya’s Ransom Money Tracked Through Blockchain: Image 3444 Vice President of Marketing from Wargaming.net Joins SkinCoin’s Advisory Board 103 How Bots And Black Marketers Are Influencing Bitcoin Price, Altcoins Value 20669 | 7 Startup Darling EOS Cashes In Millions Of ETH As ICO Scorn Continues 22471 | 14 Investors are Comfortable With Bitcoin, Ethereum: Hong Kong Experts 10338 | 2 Stop Trying To Kill My ICO: Nick Ayton 12720 | 4 Five Big Businesses Leading Bitcoin Charge 19527 Hottest Bitcoin News Daily ×Close Hottest Bitcoin News Daily For updates and exclusive offers, enter your e-mail below. ×Close Registration Username * First Name Last Name Email * Password * Repeat Password * You registration completed successfully. Confirmation email sent to email address provided. Sign up Already have an account? Log in here ×Close Login Email * Password * Twitter Facebook Log in with Facebook! I forgot my password Login Don’t have an account yet? Sign up About us The Cointelegraph covers Fintech, Blockchain and Bitcoin bringing you the latest news and analyses on the future of money. Site map Catalog Advertise Franchise About us Projects Join Us Events International Sites Bitcoin USA Bitcoin Brasil Bitcoin Slovenia Bitcoin Spain Bitcoin Serbia Bitcoin Japan Franchise Information Terms of services and Privacy policy © Cointelegraph 2013-2017
