The Crypto Card Provider Solution for Businesses
Introducing the CryptoCard Provider solution, a next-gen, managed hardware wallet solution revolutionizing cryptocurrency transactions. Operating entirely "on chain," it ensures transparent, secure transactions while relying 100% on blockchain networks.
For this product, Cryptnox intervenes as white labelled technology provider to fintech, neobanks or any suitable institution. It enables the issuance of hardware wallet cards to end users and eradicates the need for seed or key management, with all processes seamlessly managed at the back. The design, mirroring the simplicity of credit or debit cards, enables even crypto novices to confidently handle their assets.
An outstanding feature is the 'card replacement on demand' service, swiftly securing a replacement card with the same secrets in case of loss or theft, ensuring uninterrupted access to digital assets.
Moreover,this technology uniquely allows for compliance with the ever-evolving regulatory environment, making it a versatile asset in the dynamic world of cryptocurrencies.
CryptoCard Provider solution redefines cryptocurrency management, seamlessly uniting user-friendly experience, superior security, and regulatory adaptability.
How it works
1
Received via mail
2
No backup requirement
3
Provider can issue replacement
4
No desktop installation
5
Minimal steps to first transaction
6
Replicating credit card experience
Key Management and Automated Card Shipping
1
Unique Key assigned to customer
2
CryptoCard Personalized by shipping agent
3
Key never appears in the clear
4
Card received by customer in the mail
Seamless Client Onboarding
1
Scan a QR code online in the client user account.
2
Tap the card at the back.
The Kiosk App
Consumer can pay at point of sales
Use on the go without your phone
Switch wallet app in Kiosk Mode
Transactions and Remote Card Management
1
Customer signs transaction
2
Phone communicates with bank
3
Server perform checks, such as:
- Max amount
- Whitelisted token
- Whitelisted recipient
- Whitelisted smart contract
4
Server returns 2FA to phone
5
Card signs
6
Phone broadcasts Transaction
Server Interface - Customers Management
Server Interface - Filtering Menu
The Advantages for
the End User
1
Replicates the Credit Card user experience
2
Access to Web3
3
Private Key management
4
Use with WalletConnect or Metamask
5
Can be used without a phone
Legal Compliance with Transaction Filtering
Allows for custom setting such as Travel Rule
External providers plug in (such as Chainalysis)
Designed for flexibility
Partners for the Provider Solution
Technical Partners
Integrated Partners
Travel Rule
Transaction Screening
