Comment by adrianwaj
5 hours ago
Yep, good point.
Another interesting use case would be using the card as part of a crypto escrow.
The problems being solved here are:
- walking around with a device that can access a large wallet that could be accessed under duress or coercion
- Key Pairs are hard to remember and type
___
- pre-pay an escrow online with $100
- have a payment card in your pocket
- meet person with another card
- set a payment amount
- touch cards
- escrow unlocks the amount as soon as either card pushes the update online - which if online could be immediately
- card confirms the transaction??
- can also delay the transaction, and if both cards are lost in the meantime, the transaction doesn't go through
- can also specify the payment amount as "set later"
- receiver can also request an amount
- escrow can be funded after the meeting
- good for 1:many payments too, eg splitting a bill
____
cards could also be Key Pair generators, for transferring public keys to other cards, with the exchange recorded for later use. No escrow required. A lot of benefits over handing out printed QR codes of addresses.
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