With the coming of the Bitcoin Foundation’s Bitcoin 2014 conference this week, there are sure to be a slew of announcements and product launches.
One such company planning to make a splash is Australia-based Diamond Circle, who’s reportedly planning to launch a bitcoin debit card solution at the annual conference, taking place from May 15-17 in Amsterdam.
But unlike other recent offerings we’ve heard about, the use of the card will be limited to the company’s own ATM devices.
Of interest: the card can hold up to nine fiat currencies along with bitcoin, will be issued by Diamond Circle ATM operators, and possesses near-field communication (NFC) technology.
Will the product take off though?
As previously mentioned, we’ve already heard of similar offerings. This includes bitcoin storage company Xapo, who recently announced they would be coming out with a bitcoin debit card of their own with one key benefit: it can be used anywhere MasterCard is accepted.
Diamond Circle’s is limited to their own ecosystem, but it’s still a great idea — especially for frequent users of their products.
[textmarker color=”C24000″]Source[/textmarker] CoinDesk