SlideShare a Scribd company logo
1 of 28
Download to read offline
Will Blockchain transform
your business?
Pavel Matveev
CEO Wirex
Introduction
- Global Blockchain personal finance platform
- Established in 2014
- Global leadership: 900K users in 130+ countries
- Awards: winner of Phoenix (EU) and FinSum (Asia)
- Team: 80 people London (HQ), Tokyo and Kiev
- Transaction volume: more than $1 BN
- Backed by financial institution (Softbank/SBI Group)
Blockchain -
current state
Areas of Blockchain application
Fintech (Wirex,- Xapo, Abra)
Insurtech- (Dynamis, Lemonade)
Global ledger- (Everledger)
Identity on blockchain (- Tradle, Netki, Credits)
Regulation
- Regulated (Japan, Singapore, Switzerland)
Japanese FSA put in place capital requirements for exchanges as well as cybersecurity and
operational stipulations from 1st April
- Will be regulated this year (South Korea, Philippines)
Several countries, including South Korea and Philippines, are planning to develop regulatory
frameworks for Bitcoin-based businesses later this year
- Regulatory sandboxes (UK, Australia Hong Kong)
UK regulator FCA launched a regulatory sandbox, a few more (Hong Kong Monetary Authority-
HKMA, Australian Securities and Investments Commission-ASIC, Monetary Authority of
Singapore -MAS) are planning to do the same
ICO – Initial coin offering
- Easy Money
Market for cryptocurrency investments is booming, having eclipsed the $2 billion mark this year
- No regulations
ICO industry is grey area, but there are plans to start regulating ICO in Japan, China, US etc
- Lack of control
In most cases, nobody is really monitoring the use of funds, which might be held in fiat currency in a
private bank account or in cryptocurrency in a multi-sig wallets
- No business case
Not many projects providing a solution to a real problem on a significant scale
—Can I use Blockchain
in my existing business?
—Can I use Blockchain
in my existing business?
—Not really
Most of Blockchain projects
are at POC stage.
Most of Blockchain projects
are at POC stage.
Cryptocurrency is the only
production-ready solution
Cryptocurrency
benefits
The most traceable currency in the world
All transactions are recorded on the blockchain
Fight ransom
Good for micro transactions
Micro payments is an essential part of IoT
No chargebacks
Bitcoin transaction is irreversible
Excellent for cross-border payments
Cheaper and faster than traditional instruments
Payments
Fees Are All-Time High
Machine to Machine (M2M)
Payments
Lightning network
Using a network of these micropayment channels, Bitcoin can scale to
billions of transactions per day
Lightning network
Instant Payments
Lightning-fast blockchain payments without worrying about block
confirmation times. Security is enforced by blockchain smart-contracts
without creating a on-blockchain transaction for individual payments.
Payment speed measured in milliseconds to seconds.
Scalability
Capable of millions to billions of transactions per second across the network.
Capacity blows away legacy payment rails by many orders of magnitude. Attaching
payment per action/click is now possible without custodians.
Instant Payments
Lightning network
Low Cost
By transacting and settling off-blockchain, the Lightning Network allows for
exceptionally low fees, which allows for emerging use cases such as instant
micropayments.
Instant Payments
Scalability
Lightning network
Cross Blockchains
Cross-chain atomic swaps can occur off-chain instantly with heterogeneous
blockchain consensus rules. So long as the chains can support the same
cryptographic hash function, it is possible to make transactions across blockchains
without trust in 3rd party custodians.
Instant Payments
Scalability
Low Cost
Lightning network
Wirex payment network (W-Pay)
A multi asset off-chain liquidity network, enabling ultra-low cost instant payments on a global scale
Instant global
multi-currency payment
solutions
Zero blockchain fees,
gateway fees, or customer
chargebacks
Fully-automated trustless
blockchain environment for
M2M payments
Bitcoin payments in Japan
There are more than 5000 shops in Japan, where people can pay with crypto
Thank you!
Keep in touch ✌
partners@wirexapp.com
Get the app

More Related Content

Similar to Will Blockchain transform your business?

Cryptocurrency - The Future of Payments
Cryptocurrency - The Future of PaymentsCryptocurrency - The Future of Payments
Cryptocurrency - The Future of PaymentsLoyalCoin
 
Transaction speed
Transaction speedTransaction speed
Transaction speedOliviaJune1
 
Intro To Blockchain For YU Fintech Hackathon 2019
Intro To Blockchain For YU Fintech Hackathon 2019Intro To Blockchain For YU Fintech Hackathon 2019
Intro To Blockchain For YU Fintech Hackathon 2019Menajem Benchimol
 
Cryptocurrenty and Blockchain - SSMRV.pptx
Cryptocurrenty and Blockchain - SSMRV.pptxCryptocurrenty and Blockchain - SSMRV.pptx
Cryptocurrenty and Blockchain - SSMRV.pptxChristopherDevakumar1
 
Bitcoin: Not just a currency but an IoT facilitator
Bitcoin: Not just a currency but an IoT facilitatorBitcoin: Not just a currency but an IoT facilitator
Bitcoin: Not just a currency but an IoT facilitatorRobin Teigland
 
Cryptocurrency - Digital Currency
Cryptocurrency - Digital CurrencyCryptocurrency - Digital Currency
Cryptocurrency - Digital CurrencySameer Satyam
 
Blockchain Technology And Cryptocurrency
Blockchain Technology And CryptocurrencyBlockchain Technology And Cryptocurrency
Blockchain Technology And CryptocurrencyEno Bassey
 
Blockchain disruptive technology 2018
Blockchain disruptive technology 2018Blockchain disruptive technology 2018
Blockchain disruptive technology 2018Ziyad Abualrob
 
Bitcoin: Evolution of Virtual Currency
Bitcoin: Evolution of Virtual CurrencyBitcoin: Evolution of Virtual Currency
Bitcoin: Evolution of Virtual Currencykeyuradmin
 
IRJET- Blockchain Technology
IRJET- Blockchain TechnologyIRJET- Blockchain Technology
IRJET- Blockchain TechnologyIRJET Journal
 
Bitcoin and Ransomware Analysis
Bitcoin and Ransomware AnalysisBitcoin and Ransomware Analysis
Bitcoin and Ransomware Analysisinder_barara
 
Bitcoin and Ransomware Analysis
Bitcoin and Ransomware AnalysisBitcoin and Ransomware Analysis
Bitcoin and Ransomware AnalysisInderjeet Singh
 
Blockchain & Cryptocurrencies Intro - July 2017
Blockchain & Cryptocurrencies Intro - July 2017Blockchain & Cryptocurrencies Intro - July 2017
Blockchain & Cryptocurrencies Intro - July 2017🔗Audrey Chaing
 
Blockchain Knowedlge Sharing (revision 3)
Blockchain Knowedlge Sharing (revision 3) Blockchain Knowedlge Sharing (revision 3)
Blockchain Knowedlge Sharing (revision 3) Vorapoap Lohwongwatana
 
Impact of Blockchain on IT AuditBlockchain Techn.docx
Impact of Blockchain on IT AuditBlockchain Techn.docxImpact of Blockchain on IT AuditBlockchain Techn.docx
Impact of Blockchain on IT AuditBlockchain Techn.docxsheronlewthwaite
 
Blockchain English
Blockchain EnglishBlockchain English
Blockchain EnglishMing Sun
 
State of Digital Assets May 2019 - Blockshine Singapore
State of Digital Assets May 2019 - Blockshine SingaporeState of Digital Assets May 2019 - Blockshine Singapore
State of Digital Assets May 2019 - Blockshine SingaporeRandeep Melhi
 

Similar to Will Blockchain transform your business? (20)

Cryptocurrency - The Future of Payments
Cryptocurrency - The Future of PaymentsCryptocurrency - The Future of Payments
Cryptocurrency - The Future of Payments
 
Transaction speed
Transaction speedTransaction speed
Transaction speed
 
Bitcoin 2.0
Bitcoin 2.0 Bitcoin 2.0
Bitcoin 2.0
 
Intro To Blockchain For YU Fintech Hackathon 2019
Intro To Blockchain For YU Fintech Hackathon 2019Intro To Blockchain For YU Fintech Hackathon 2019
Intro To Blockchain For YU Fintech Hackathon 2019
 
Understanding Blockchain
Understanding BlockchainUnderstanding Blockchain
Understanding Blockchain
 
Cryptocurrenty and Blockchain - SSMRV.pptx
Cryptocurrenty and Blockchain - SSMRV.pptxCryptocurrenty and Blockchain - SSMRV.pptx
Cryptocurrenty and Blockchain - SSMRV.pptx
 
Bitcoin: Not just a currency but an IoT facilitator
Bitcoin: Not just a currency but an IoT facilitatorBitcoin: Not just a currency but an IoT facilitator
Bitcoin: Not just a currency but an IoT facilitator
 
Cryptocurrency - Digital Currency
Cryptocurrency - Digital CurrencyCryptocurrency - Digital Currency
Cryptocurrency - Digital Currency
 
Blockchain Technology And Cryptocurrency
Blockchain Technology And CryptocurrencyBlockchain Technology And Cryptocurrency
Blockchain Technology And Cryptocurrency
 
Blockchain disruptive technology 2018
Blockchain disruptive technology 2018Blockchain disruptive technology 2018
Blockchain disruptive technology 2018
 
Bitcoin: Evolution of Virtual Currency
Bitcoin: Evolution of Virtual CurrencyBitcoin: Evolution of Virtual Currency
Bitcoin: Evolution of Virtual Currency
 
IRJET- Blockchain Technology
IRJET- Blockchain TechnologyIRJET- Blockchain Technology
IRJET- Blockchain Technology
 
Bitcoin and Ransomware Analysis
Bitcoin and Ransomware AnalysisBitcoin and Ransomware Analysis
Bitcoin and Ransomware Analysis
 
Bitcoin and Ransomware Analysis
Bitcoin and Ransomware AnalysisBitcoin and Ransomware Analysis
Bitcoin and Ransomware Analysis
 
Blockchain & Cryptocurrencies Intro - July 2017
Blockchain & Cryptocurrencies Intro - July 2017Blockchain & Cryptocurrencies Intro - July 2017
Blockchain & Cryptocurrencies Intro - July 2017
 
Blockchain Knowedlge Sharing (revision 3)
Blockchain Knowedlge Sharing (revision 3) Blockchain Knowedlge Sharing (revision 3)
Blockchain Knowedlge Sharing (revision 3)
 
Impact of Blockchain on IT AuditBlockchain Techn.docx
Impact of Blockchain on IT AuditBlockchain Techn.docxImpact of Blockchain on IT AuditBlockchain Techn.docx
Impact of Blockchain on IT AuditBlockchain Techn.docx
 
Let’s Talk Crypto
Let’s Talk CryptoLet’s Talk Crypto
Let’s Talk Crypto
 
Blockchain English
Blockchain EnglishBlockchain English
Blockchain English
 
State of Digital Assets May 2019 - Blockshine Singapore
State of Digital Assets May 2019 - Blockshine SingaporeState of Digital Assets May 2019 - Blockshine Singapore
State of Digital Assets May 2019 - Blockshine Singapore
 

Recently uploaded

Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)
Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)
Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)Paige Cruz
 
Introduction to use of FHIR Documents in ABDM
Introduction to use of FHIR Documents in ABDMIntroduction to use of FHIR Documents in ABDM
Introduction to use of FHIR Documents in ABDMKumar Satyam
 
Generative AI Use Cases and Applications.pdf
Generative AI Use Cases and Applications.pdfGenerative AI Use Cases and Applications.pdf
Generative AI Use Cases and Applications.pdfalexjohnson7307
 
“Iamnobody89757” Understanding the Mysterious of Digital Identity.pdf
“Iamnobody89757” Understanding the Mysterious of Digital Identity.pdf“Iamnobody89757” Understanding the Mysterious of Digital Identity.pdf
“Iamnobody89757” Understanding the Mysterious of Digital Identity.pdfMuhammad Subhan
 
WebAssembly is Key to Better LLM Performance
WebAssembly is Key to Better LLM PerformanceWebAssembly is Key to Better LLM Performance
WebAssembly is Key to Better LLM PerformanceSamy Fodil
 
Harnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptx
Harnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptxHarnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptx
Harnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptxFIDO Alliance
 
Top 10 CodeIgniter Development Companies
Top 10 CodeIgniter Development CompaniesTop 10 CodeIgniter Development Companies
Top 10 CodeIgniter Development CompaniesTopCSSGallery
 
Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...
Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...
Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...ScyllaDB
 
Six Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal OntologySix Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal Ontologyjohnbeverley2021
 
2024 May Patch Tuesday
2024 May Patch Tuesday2024 May Patch Tuesday
2024 May Patch TuesdayIvanti
 
Microsoft CSP Briefing Pre-Engagement - Questionnaire
Microsoft CSP Briefing Pre-Engagement - QuestionnaireMicrosoft CSP Briefing Pre-Engagement - Questionnaire
Microsoft CSP Briefing Pre-Engagement - QuestionnaireExakis Nelite
 
Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...
Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...
Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...panagenda
 
Cyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptx
Cyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptxCyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptx
Cyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptxMasterG
 
Portal Kombat : extension du réseau de propagande russe
Portal Kombat : extension du réseau de propagande russePortal Kombat : extension du réseau de propagande russe
Portal Kombat : extension du réseau de propagande russe中 央社
 
JohnPollard-hybrid-app-RailsConf2024.pptx
JohnPollard-hybrid-app-RailsConf2024.pptxJohnPollard-hybrid-app-RailsConf2024.pptx
JohnPollard-hybrid-app-RailsConf2024.pptxJohnPollard37
 
WebRTC and SIP not just audio and video @ OpenSIPS 2024
WebRTC and SIP not just audio and video @ OpenSIPS 2024WebRTC and SIP not just audio and video @ OpenSIPS 2024
WebRTC and SIP not just audio and video @ OpenSIPS 2024Lorenzo Miniero
 
AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)
AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)
AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)Samir Dash
 
TrustArc Webinar - Unified Trust Center for Privacy, Security, Compliance, an...
TrustArc Webinar - Unified Trust Center for Privacy, Security, Compliance, an...TrustArc Webinar - Unified Trust Center for Privacy, Security, Compliance, an...
TrustArc Webinar - Unified Trust Center for Privacy, Security, Compliance, an...TrustArc
 
State of the Smart Building Startup Landscape 2024!
State of the Smart Building Startup Landscape 2024!State of the Smart Building Startup Landscape 2024!
State of the Smart Building Startup Landscape 2024!Memoori
 
ChatGPT and Beyond - Elevating DevOps Productivity
ChatGPT and Beyond - Elevating DevOps ProductivityChatGPT and Beyond - Elevating DevOps Productivity
ChatGPT and Beyond - Elevating DevOps ProductivityVictorSzoltysek
 

Recently uploaded (20)

Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)
Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)
Observability Concepts EVERY Developer Should Know (DevOpsDays Seattle)
 
Introduction to use of FHIR Documents in ABDM
Introduction to use of FHIR Documents in ABDMIntroduction to use of FHIR Documents in ABDM
Introduction to use of FHIR Documents in ABDM
 
Generative AI Use Cases and Applications.pdf
Generative AI Use Cases and Applications.pdfGenerative AI Use Cases and Applications.pdf
Generative AI Use Cases and Applications.pdf
 
“Iamnobody89757” Understanding the Mysterious of Digital Identity.pdf
“Iamnobody89757” Understanding the Mysterious of Digital Identity.pdf“Iamnobody89757” Understanding the Mysterious of Digital Identity.pdf
“Iamnobody89757” Understanding the Mysterious of Digital Identity.pdf
 
WebAssembly is Key to Better LLM Performance
WebAssembly is Key to Better LLM PerformanceWebAssembly is Key to Better LLM Performance
WebAssembly is Key to Better LLM Performance
 
Harnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptx
Harnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptxHarnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptx
Harnessing Passkeys in the Battle Against AI-Powered Cyber Threats.pptx
 
Top 10 CodeIgniter Development Companies
Top 10 CodeIgniter Development CompaniesTop 10 CodeIgniter Development Companies
Top 10 CodeIgniter Development Companies
 
Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...
Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...
Event-Driven Architecture Masterclass: Integrating Distributed Data Stores Ac...
 
Six Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal OntologySix Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal Ontology
 
2024 May Patch Tuesday
2024 May Patch Tuesday2024 May Patch Tuesday
2024 May Patch Tuesday
 
Microsoft CSP Briefing Pre-Engagement - Questionnaire
Microsoft CSP Briefing Pre-Engagement - QuestionnaireMicrosoft CSP Briefing Pre-Engagement - Questionnaire
Microsoft CSP Briefing Pre-Engagement - Questionnaire
 
Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...
Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...
Easier, Faster, and More Powerful – Alles Neu macht der Mai -Wir durchleuchte...
 
Cyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptx
Cyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptxCyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptx
Cyber Insurance - RalphGilot - Embry-Riddle Aeronautical University.pptx
 
Portal Kombat : extension du réseau de propagande russe
Portal Kombat : extension du réseau de propagande russePortal Kombat : extension du réseau de propagande russe
Portal Kombat : extension du réseau de propagande russe
 
JohnPollard-hybrid-app-RailsConf2024.pptx
JohnPollard-hybrid-app-RailsConf2024.pptxJohnPollard-hybrid-app-RailsConf2024.pptx
JohnPollard-hybrid-app-RailsConf2024.pptx
 
WebRTC and SIP not just audio and video @ OpenSIPS 2024
WebRTC and SIP not just audio and video @ OpenSIPS 2024WebRTC and SIP not just audio and video @ OpenSIPS 2024
WebRTC and SIP not just audio and video @ OpenSIPS 2024
 
AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)
AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)
AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)
 
TrustArc Webinar - Unified Trust Center for Privacy, Security, Compliance, an...
TrustArc Webinar - Unified Trust Center for Privacy, Security, Compliance, an...TrustArc Webinar - Unified Trust Center for Privacy, Security, Compliance, an...
TrustArc Webinar - Unified Trust Center for Privacy, Security, Compliance, an...
 
State of the Smart Building Startup Landscape 2024!
State of the Smart Building Startup Landscape 2024!State of the Smart Building Startup Landscape 2024!
State of the Smart Building Startup Landscape 2024!
 
ChatGPT and Beyond - Elevating DevOps Productivity
ChatGPT and Beyond - Elevating DevOps ProductivityChatGPT and Beyond - Elevating DevOps Productivity
ChatGPT and Beyond - Elevating DevOps Productivity
 

Will Blockchain transform your business?

  • 1. Will Blockchain transform your business? Pavel Matveev CEO Wirex
  • 2. Introduction - Global Blockchain personal finance platform - Established in 2014 - Global leadership: 900K users in 130+ countries - Awards: winner of Phoenix (EU) and FinSum (Asia) - Team: 80 people London (HQ), Tokyo and Kiev - Transaction volume: more than $1 BN - Backed by financial institution (Softbank/SBI Group)
  • 4. Areas of Blockchain application Fintech (Wirex,- Xapo, Abra) Insurtech- (Dynamis, Lemonade) Global ledger- (Everledger) Identity on blockchain (- Tradle, Netki, Credits)
  • 5. Regulation - Regulated (Japan, Singapore, Switzerland) Japanese FSA put in place capital requirements for exchanges as well as cybersecurity and operational stipulations from 1st April - Will be regulated this year (South Korea, Philippines) Several countries, including South Korea and Philippines, are planning to develop regulatory frameworks for Bitcoin-based businesses later this year - Regulatory sandboxes (UK, Australia Hong Kong) UK regulator FCA launched a regulatory sandbox, a few more (Hong Kong Monetary Authority- HKMA, Australian Securities and Investments Commission-ASIC, Monetary Authority of Singapore -MAS) are planning to do the same
  • 6. ICO – Initial coin offering - Easy Money Market for cryptocurrency investments is booming, having eclipsed the $2 billion mark this year - No regulations ICO industry is grey area, but there are plans to start regulating ICO in Japan, China, US etc - Lack of control In most cases, nobody is really monitoring the use of funds, which might be held in fiat currency in a private bank account or in cryptocurrency in a multi-sig wallets - No business case Not many projects providing a solution to a real problem on a significant scale
  • 7. —Can I use Blockchain in my existing business?
  • 8. —Can I use Blockchain in my existing business? —Not really
  • 9. Most of Blockchain projects are at POC stage.
  • 10. Most of Blockchain projects are at POC stage. Cryptocurrency is the only production-ready solution
  • 12. The most traceable currency in the world All transactions are recorded on the blockchain
  • 14. Good for micro transactions Micro payments is an essential part of IoT
  • 16. Excellent for cross-border payments Cheaper and faster than traditional instruments
  • 19. Machine to Machine (M2M) Payments
  • 20. Lightning network Using a network of these micropayment channels, Bitcoin can scale to billions of transactions per day
  • 21. Lightning network Instant Payments Lightning-fast blockchain payments without worrying about block confirmation times. Security is enforced by blockchain smart-contracts without creating a on-blockchain transaction for individual payments. Payment speed measured in milliseconds to seconds.
  • 22. Scalability Capable of millions to billions of transactions per second across the network. Capacity blows away legacy payment rails by many orders of magnitude. Attaching payment per action/click is now possible without custodians. Instant Payments Lightning network
  • 23. Low Cost By transacting and settling off-blockchain, the Lightning Network allows for exceptionally low fees, which allows for emerging use cases such as instant micropayments. Instant Payments Scalability Lightning network
  • 24. Cross Blockchains Cross-chain atomic swaps can occur off-chain instantly with heterogeneous blockchain consensus rules. So long as the chains can support the same cryptographic hash function, it is possible to make transactions across blockchains without trust in 3rd party custodians. Instant Payments Scalability Low Cost Lightning network
  • 25. Wirex payment network (W-Pay) A multi asset off-chain liquidity network, enabling ultra-low cost instant payments on a global scale Instant global multi-currency payment solutions Zero blockchain fees, gateway fees, or customer chargebacks Fully-automated trustless blockchain environment for M2M payments
  • 26. Bitcoin payments in Japan There are more than 5000 shops in Japan, where people can pay with crypto
  • 28. Keep in touch ✌ partners@wirexapp.com Get the app