Blockchain Cryptocurrency News

Switch Reward Card Expands Beta Testing

Switch Reward Card, a blockchain-based financial services ecosystem that offers debit payment solutions for both traditional and cryptocurrencies, is excited to announce the following recent updates to its platform:

In a December letter to the community announcing the launch of the blockchain, Switch Reward Card CEO, and former President of Discover Bank, Kathy Roberts said, “I feel fortunate to be making this announcement and to have kept that wonder about this emerging tech that will continue to change the world as it is being adopted faster than all previous technologies before it.”

Switch Reward Card President, COO and fellow co-founder Bradley Willden is excited about the versatility of the product suite: “The Switch platform has both custodial and non-custodial wallets giving our community members true ownership of their digital assets.”

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Rewards are not available for purchase from Switch. They are digital rewards earned in exchange for work and action on the Switch network. The digital reward is designed to have utility on the Switch platform for the purchase of Switch’s products and services. The digital reward is not an investment product and may never have any value outside of the Switch platform. Switch node owners should not expect to recognize any value from the digital reward other than its utility with Switch. Switch does not anticipate correlation between the digital reward value and Switch’s business activities.

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No cryptocurrency is loaded onto the Switch Visa Card. All assets are converted to local fiat currency prior to loading on the Visa network. Switch provides financial services and is not a bank.

[To share your insights with us, please write to sghosh@martechseries.com]

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