So what is going on. What is the card broadcasting? Is it broadcasting the private keys, or an encrypted variant thereof, or some type of authenticate code to be matched to one of your servers. Are the raw key or authentication code protected in memory, or can the [code] be obtained through a memory dump? Where is the actual signing of the transactions performed? After all, not your keys not your crypto.
And why do you need $50000 for 30 weeks work, which even 8 weeks should be more than enough-especially considering there are also videos "showing" a functional model? really somethings are mostly parsing a simple curl command into a webpage, if it isn't stored locally or queried through on a hivesql service.
I think what it really comes down to is the the issue of marketing, or phase 8 which reeks of another valueplan.
Are you aware of existing competitive technologies in using crypto for transactions in south America? Can you tell us why people want to use your hive debit card over competing technology? Is it a solution that is looking for a problem?