Socios.com Launching Debit Card with Chiliz (CHZ) Support | BTCMANAGER
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Socios.com, a first-of-its-kind project that’s focused on bringing sports fans closer to their favourite clubs and players with blockchain technology and the Chiliz ($CHZ) altcoin, has announced plans to launch SociosID, a blockchain-based identity verification solution and a prepaid debit card that will make it easier for CHZ holders to spend their coins or withdraw it for fiat currency, according to a blog post on February 24, 2020.
Socios.com to Add Two Innovative Features
Socios.com has announced plans to roll out the SociosID feature and a prepaid debit card aimed at giving holders the ability to spend or withdraw their CHZ coins in real-time.
As stated in its blog post, SociosID will function as a distributed ledger technology (DLT) based identity verification solution for the entire sports and entertainment ecosystem, giving users and fans a global identity number which can be customized based on the amount of Chiliz (CHZ) a fan holds.
The team says the SociosID solution will be integrated into the Socios.com mobile app and it will enable verified sports fans to enjoy various benefits, loyalty rewards and more.
In the same vein, starting from the summer of 2020, Socios.com users and holders of CHZ will have access to a prepaid debit card that is designed to facilitate real-time spending and withdrawals of CHZ,