Discover the Gnosis Card, a revolutionary product bridging the gap between self-custodial crypto wallets and traditional payment methods. This Visa card allows users to spend their funds from self-custodial wallets anywhere Visa is accepted, overcoming the current limitations of spending crypto in the real world.
Bridging the Gap: Gnosis Card and Gnosis Pay
The Gnosis Card is initially launching in the U.K. and the EU, with plans to expand to Brazil, Mexico, Singapore, Hong Kong, and the U.S. by the end of Q3. It integrates with MakerDAO stablecoin, offering more options for users.
Gnosis Pay: Developer Tools for Wallets
Gnosis Pay empowers other wallets to issue their own cards, creating new revenue streams and cost reduction for fintech businesses.
The Vision: Crypto-enabled Peer-to-Peer Transfers
Crypto can enable truly peer-to-peer transfers, providing a superior user experience compared to traditional systems. However, this technology needs time to mature.
Challenges in Technology Development and Compliance
Integration with existing financial systems and compliance are significant challenges. Gnosis Card is partnering with Monerium and other key players to meet data privacy regulations and fraud prevention.
Making DeFi Compliant with Gnosis Pay
Gnosis Pay collaborates with Fractal to ensure data privacy and compliance with regulations, distributing data among a permissionless federation of nodes.
Safe and zkEVM: Enhancing Security and Scalability
Gnosis Pay uses a smart contract wallet infrastructure for funds screening and a Layer 2 solution for instant and compliant spending.
The Gnosis Card and Gnosis Pay are set to revolutionize the world of self-custodial payments and fintech innovation. With the potential to make a significant impact on crypto-enabled payments in the real world, the future looks promising.
For more information on crypto and blockchain technology, visit our news section. Learn more about Gnosis on their official website.
