Bitcoin Not Hot For Monetas
Swiss-based fintech company Monetas, focusing on developing a platform for people with mobile phones including the unbanked and underbanked, made headlines in digital outlets a few weeks ago with their project of Tunisian e-dinar. The founder Johann Gevers also revealed in his AMA session that they want to integrate the platform with Bitcoin this year. He bets on the technological universality feature of their smart contract platform. It works with all types of currencies, instruments, and devices. Monetas wants to focus on fiat currencies now, because “that's what the vast majority of....
Related News
A vast majority of the population in Tunisia is unbanked, giving rise to the need for an alternative payments system. The country is currently able to tap into the blockchain technology or distributed ledger to be used for its mobile payments platform under Swiss software startup Monetas and the La Poste Tunisienne or postal office. Monetas will serve as the software provider, offering the technological architecture necessary to support the blockchain payments system similar to that of MPesa. Intersystem Blockchain Payments. While there are several alternative payments systems offered in....
Chris Odom, the co-founder and CTO of Monetas, kicked off the Inside Bitcoins conference with his keynote, “A Practical Distribution of Risk.” He talked about the current state of Bitcoin, the problems it faces, and his company, Monetas, hopes to solve these problems. According to Odom, one of the main problems Bitcoin has is how people have assumed that Bitcoin is trustless without examining the claim with with a critical and professional attitude. Monetas is creating an off-chain protection and security service to solidify the trustless nature of Bitcoin. The next speaker was Flavien....
Monetas is building the world’s first decentralized system for financial and legal transactions. It is a powerful, open, standard-based platform that will enable digital finance entrepreneurs to build amazing new products and services. It’s a new bridge between Bitcoin and virtual assets, based on bitcoin and colored coins technology. Monetas has strongly invested in the development within the Bitcoin wallet and integrated full-time software engineers. The startup mission is to empower people to live and do business with greater freedom than ever before. You can reach the detailed article....
Monetas, is trying to introduce a new bridge between Bitcoin and virtual assets, based on bitcoin and colored coins technology. Monetas is building the world’s first decentralized system for financial and legal transactions. It is a powerful, open, standards-based platform that will enable digital finance entrepreneurs to build amazing new products and services. By introducing breakthrough technological innovations and dramatically lowering the cost of doing business, it will enable a whole new class of businesses. The startup mission is to empower people to live and do business with....
Tunisia's post office, La Poste Tunisienne, today revealed it is testing a crypto-powered payments app for 600,000 of its customers. In partnership with startups Monetas and DigitUs, the hybrid service provider - which runs eDinar, Tunisia's official mobile money - will launch a multi-purpose app for the growing number of smartphone users in the North African nation. CEO M Moez Chakchouk said in a statement: "La Poste is a very important and trusted institution and is at the heart of financial inclusion efforts in Tunisia. At La Poste we are on a transformation journey to modernize our....