Raise CEO George Bousis believes blockchain technology can help retailers tamp down on gift card fraud, as well as simplify a decades-old payments system. And he’s investing what he said will eventually amount to more than $100m to build what he calls “Smart Cards.”
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Raise nets $63m in round led by Haun Ventures to build a crypto platform for gift cards
“It’s really betting the house on what we think is really the future,” Bousis said. “And we think the time is now.”
