Mycelium, a well known bitcoinCT r:  8 company providing mobile wallet and P2P exchange, has announced their long time awaited card. A useful feature for users is they don't need an internet connection when transacting among each other.

"We launched the card product at the "CARTES SECURE CONNEXIONS" two weeks ago," confirms Alexander Vasylchenko, CTO at Mycelium, for CoinTelegraphCT r:  24. It is the largest global event bringing together the key decision makers from around the world from the payments, identification and mobility ecosystem.

Useful features

Mycelium allows completing card-to-card transactions as well as consumer-to-merchant transactions. The payment system only revolves around issuing cards to consumers and distributing hubs to merchants. As the system's record tracking and security is based on blockchain distributed ledger, the physical infrastructure is kept simple and inexpensive.

The hub transfers information between the card and the distributed ledger infrastructure and does not contain any sensitive data. A transaction is immediately forwarded to a server, which sends it to the distributed ledger right away. For this reason, data in the card do not need to be encrypted.