Interviews 6 December 2018CoinGeek
Pay in Bitcoin SV using Elizabeth White’s reloadable White Card
CoinGeek’s Becky Liggero caught up with White Company CEO Elizabeth White, who’s spreading merchant adoption with her various products.
Elizabeth White, with her White Company, makes it easier for merchants to accept cryptocurrencies for payment, even if they don’t know anything about the technology. With her White Market luxury store, she’s made it possible to acquire an assortment of luxury items, “from Pamp Suisse gold to Lamborghinis, to trips around the world, so anything your heart desires that you would like to spend your cryptocurrency on, we can facilitate.”
The White Company is doing everything cryptocurrency-related, from mining to having a stablecoin, and recently, they have just launched a reloadable debit card called the White Card. “[W]hat is exciting is we’ll be the first reloadable cryptocurrency debit card that will accept Bitcoin SV, Bitcoin Cash [ABC], [BTC], Ethereum, and XLM,” White said.
She believes it is important to make blockchain technology as accessible as possible to foster adoption. This is why she prefers having users transact with email addresses, “compared to using an actual long blockchain hash or private keys, secure keys, storing them. And this will never move to masses till we actually are able to consolidate the process. So with our products, we have been able to transfer funds, quickly and easily, with three-second settlements, just with your e-mail address.”
Merchants can use White Label Solutions, which allows cryptocurrency payments to be settled in fiat, in the currency preferred by the seller. White said, “[T]hey can accept cryptocurrency, and the fees are much lower than, say, a Visa or a Mastercard. We’re actually only charging 0.1% for merchants to accept cryptocurrency and then convert directly into fiat and settle, where you have things with Visa and Mastercard that are 3%-7%, and if you’re a high-risk merchant, up to 11%… Merchants still accept that, but there are easier ways, and the future is to accept the cryptocurrency which allows them to give back to their employees, have better revenue and returns, and give back to their, maybe, stock owners or investors.”
Watch Elizabeth White’s presentation, Building a Two-Sided Network, at the CoinGeek Week Conference in London below.
Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Satoshi Vision (BSV) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BSV is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.
Interviews 17 January 2019
Elizabeth White: Making crypto easier to use in the real world
Listen to the latest CoinGeek Conversations podcast with Elizabeth White and Edgar Radjabli to find out more about how the White Company is developing crypto products designed to make an impact in the real world.
Interviews 16 January 2019
nChain’s Steve Shadders: Bitcoin SV needs to focus on scaling
Steve Shadders, Technical Director at nChain, recently joined Bitstocks’ David Arakelian to discuss a wide range of topics including Shadders history with Bitcoin, why he believes in BSV, what he’s working on, and his hopes for the future.
Interviews 16 January 2019
Bitcoin SV in 2019: An Interview with Jimmy Nguyen
After enabling Bitcoin SV on their algorithmic trading platform last month, the SFOX team was honored to interview Jimmy Nguyen, the CEO of nChain Group, Founding President of bComm Association, and global ambassador for Bitcoin SV.