Wow. This is a huge step for Singapore to start circulating Bitcoin bank notes. People there will be aware now about Bitcoin since now it has it's physical form. This is a good start of evolution of cryptocurrency. For now, they are just producing 10,000 bank notes. It's quite small compare to the amount of users there. But still good for them. I think it's the easiest way to promote Bitcoin. By circulating this bank notes, many people will notice it and hopefully become popular as money in the future and many countries will follow soon. I hope it's not just a rumor.
It is a very interesting thing, but there are a lot of disadvantages, so let's see how it will show itself.
That's what i like to see. They said that they are hinging a hardware on a samsung chip. The hardware has the entire electronics and cryptography certified to the common criteria EAL6+ and EMVCo security standards.
https://coinpedia.org/news/singapores-banknote-producers-launch-bitcoin-banknotes/