Last week, SORA introduced the SORA DEBIT CARD & IBAN. The first type of crypto card integrated with a self-custodial Wallet and a DEX, fully decentralized. 

The SORA CARD is powered by the SORA community, giving them the ability to pay in-stores and online using more than around 1000 cryptocurrencies. With the SORA CARD, you will be able to use it in millions of merchants globally, making payments contactless and withdrawals from ATMs. In order to make the SORA Card owner managing their assets easily, the SORA Wallet enables the card owners select between multiple cryptocurrency and convert them to Fiat. The SORA CARD will support all cryptocurrencies on the SORA network. This includes Polkadot ecosystem, Ethereum ecosystem, Avalanche ecosystem, and many other ecosystems will be available this year. 

The SORA CARD is the first debit card to link directly to a self-custodial wallet and Polkaswap-the DEX for the Polkadot ecosystem. This will allow users to spend their cryptocurrency directly from the SORA Wallet and Polkaswap. The SORA CARD will be available first with EURO, later other fiat currencies will be added. To find out more about SORA CARD, there's more information on this introduction blog. 

About SORA:

SORA is a new economic system aimed at creating a supranational multiverse economic system with built-in tools for decentralized finance (DeFi). The SORA network implements a new way of parachain architecture on Polkadot and Kusama network, with the capability to bridge external blockchains (like Ethereum) to the Polkadot ecosystem.

One of the DeFi applications that will run on the SORA network is Polkaswap, a noncustodial liquidity aggregating, cross-chain AMM DEX designed uniquely for the Polkadot ecosystem with boundless liquidity through its one-of-a-kind Aggregate Liquidity Technology (ALT).