Monetas, the World’s most advanced Financial Platform

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....

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....

It doesn’t happen often a country of this world is actively looking at replacing their own currency. Or to be more precise, Tunisia is replacing its self-created eDinar digital currency with a blockchain-based version. In doing so, Tunisia becomes the world’s first country to issue national currency using advanced blockchain technology. Tunisia is one those countries where financial services are not widely available to just anyone. With over three million residents cut off from the financial system altogether, something had to change sooner or later.The introduction of the eDinar digital....

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....

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....