Exactly one month ago we attended the biggest FinTech event in Europe, the Money2020. During which time we made partnerships, and in this edition, we will reveal what happened. See the video below to listen to our thoughts after the conference.
Summary of Money2020Europe FinTech EventCONTINUOUS NETWORKING
There is more progress than meets the eye and our team has made accomplishments on many fronts. We approached a broad spectrum of people and businesses with the purpose of promoting our platform. These parties were interested in Komodo Platform and SuperNET because it is an open source blockchain project. It is easy for them to utilize our infrastructure and build their real world applications.As an example, one of our contacts will utilize Komodo's key/value storage technology. Our solution allows them to store data on Komodo's blockchain which is secured by Bitcoin’s hashrate. They also have the option to launch an “assetchain” (independent blockchain) using Komodo Platform. With the contacts forged during the conference, we now have the ability to exchange knowledge, share our vision, and plan for future collaborations or use cases. Below are some of the highlights and results. PAYMENT GATEWAY INTEGRATIONS
One of the SuperNET’s goals is to facilitate Fiat to Crypto exchanges, and thus, the successful attendance to the Money2020 expo was a significant milestone. It allowed the team to establish relationships and showcase our technology. One of which are the Komodo Currencies (fiat-pegged assets). When the BarterDEX is ready for public use, the tech will become available. To make the fiat pegged currencies usable, we need to find a way to integrate them into the established banking infrastructure. As an open source project, the SuperNET will not deal with regulation and KYC/AML policies; thus we will not be interacting directly with fiat currency gateways. However, third parties are encouraged to build on top of Komodo Platform’s global API. In other words, our project will remain open source while providing fiat based services to our users without compromising decentralization. Here's the bottom line: for crypto to succeed there must be sufficient bridges between the old and the new financial infrastructure. That is why third party platforms and integrations are important as we move forward.MONAIZE PARTNERSHIP
In Copenhagen, we met an e-banking platform for small businesses and freelancers with a mission to empower entrepreneurs. They love technology, the blockchain, and innovation, just as we do, and so we immediately recognized the benefits we could provide to each other. A few days ago we flew to Paris to meet their team. We ate excellent food, talked a lot, and even paid little ping pong. Monaize is an e-banking platform and is registered as a financial service provider in France. Their team is just as dedicated, and we are impressed by what they have achieved.
We are now working out different ways to
collaborate to build a modern financial infrastructure. Both teams see
the inefficiency in banking and are actively developing innovations. The
potential is endless.
Our team is very excited about this partnership, and its possibilities. Expect more news later.
Let's make blockchain go mainstream.