Excited to announce Paycrest's partnership with
@0xshield3
leveraging their cutting-edge web3 security & compliance solutions, to take our protocol’s safety to new heights. This partnership is focused at providing security, fraud detection and compliance for businesses,
We are incredibly honored and excited to be selected as a winner of the 12th wave of the 2024 Base Builder Grants!
A huge thank you to the
@base
team for supporting our vision to build the future of decentralized payments on Base.
Let's make it happen! 💪🏽
Onchain identity systems are revolutionizing Web3, empowering users with control over their data while ensuring privacy and compliance.
Fully Homomorphic Encryption (FHE) enables user-centric control over personal data while maintaining privacy and compliance.
The
In March 2024, we were opportune to be selected as one of 15 companies to attend the Magma in-person residency focused on builders building solutions to solve modern Africa's problems. Over two incredible weeks, we collaborated with Africa's brightest minds and visionary builders
Happy New Month! 🎉
As we step into July and the third quarter of the year, let's continue to innovate and build on-chain solutions that tackle real-world problems.
Here's to making impactful progress together!🥂
#HappyNewMonth
#Blockchain
#Innovation
#Q3
Our cofounder
@stchibie
had the privilege of speaking on a panel about the current web3 landscape in Africa in the recently held Ethereum Frontiers Africa, an innovative event organized by
@borderlessaf
in Nairobi.
A blockchain-powered liquidity protocol could level the playing field, allowing businesses of all sizes to compete globally without financial friction.
#GlobalTrade
#CrossBorderPayment
#Fintech
The future of cryptocurrency is in instant, cost-free global transactions. Achieving this requires collaboration to integrate advanced layers, seamless fiat-crypto bridges, and enhanced user experiences.
Just published on Medium: "Addressing the Challenges of Traditional Foreign Payments in Frontier Markets"
Discover how traditional systems are holding back financial inclusion and economic growth in frontier markets—and how blockchain technology is breaking down these barriers.
Hidden fees and delayed payments are some of the issues blockchain solves, providing faster, cheaper, and more transparent transactions.
The question now is how are you integrating the blockchain into your current payment system?
#BlockchainSolutions
#BlockchainPayments
🌍Discover how the drawbacks of expensive, slow, and centralized payment infrastructure hinder the African economy, and learn how
@Paycrest
is addressing these hurdles to facilitate fast, decentralized, and cost-effective transactions.
In 2023, remittance flows to Sub-Saharan Africa grew by 1.9%, reaching about $53 billion according to World bank. Decentralised, borderless payment systems could revolutionise money transfers, boosting economic growth and supporting millions of families across the continent.
@stchibie
@borderlessaf
@VitalikButerin
@TimBeiko
The energy was electric as brilliant minds collaborated to bridge the gap between global tech infrastructure and real-world applications. Africa's critical role in shaping the crypto landscape is undeniable, and this gathering served as a catalyst for innovation.💡
We appreciate the mention! You're right that our architecture leverages intents in a unique way, focusing on fiat integration rather than just crypto swaps or bridges. Our approach can be simply explain thus:
* Sender initiates the intent
* Escrow secures funds
* Aggregator(s)
I've spent the past six months deep in research into the intent-based network and architecture while working on
@withkeyless
, and it's been eye-opening to see that the most prominent use cases out there are swaps and bridging. It's understandable, given that these are some of the
Onchain identity is the cornerstone of trust in our decentralized future. By integrating FHE, we’re not just protecting data; we’re crafting a narrative where your identity is yours alone, encrypted yet verifiable.
#BlockchainSecurity
#DataSecurity
#FHE
Imagine a world where
#blockchain
developers write once, and deploy anywhere. Is there a path to a unified tech stack across multiple chains?
As
#Web3
evolves, are we moving towards this seamless integration?
#BlockchainFuture
#TechStack
You know how we're always worried about our online transactions being secure?
Well, imagine a world where you can make payments without that nagging fear in the back of your mind. That's where blockchain comes in!
#Paycrest
#Blockchain
#CryptoPayment
#BlockchainSecurity
@stchibie
@borderlessaf
With over 500 global audience in attendance, including
@VitalikButerin
,
@TimBeiko
, core contributors, and African innovators,
@stchibie
highlighted the importance of an open, permissionless liquidity protocol to empower the next billion users. 🚀
Problem: Businesses face high fees with traditional financial systems.
Solution: Paycrest's leverages blockchain technology to reduce transaction costs, making global payments more affordable.
Imagine a world where every transaction is permissionless, costs less than a penny, and is confirmed in under 10 seconds. The future is closer than you think.
#Paycrest
#Blockchain
#Innovation
Did you know?
Cross-border payments can cost up to 10% in fees. That's money that could be helping families or growing businesses. Blockchain-powered borderless money solutions could slash these costs and boost global economic growth.
#FinancialInclusion
#CrossBorderPayment
Ever abandoned an international online purchase due to complex currency conversions or high remittance fees? Decentralized borderless transactions make global shopping as easy as buying locally. Expand your choices, support global sellers, and shop without borders.
#ecommerce