Author: Scott Ellis

The world of cryptocurrency technical digital currency pioneered by an anonymous creator blossomed into a revolutionary technology for the attention of investors, entrepreneurs, and nations across the globe. At the same time, the rise of Bitcoin and early altcoins like Ethereum, Litecoin, and Ripple catalyzed the crypto revolution that is entering a new era where innovation, disruption, and evolution are the driving forces behind the next generation of cryptocurrencies. Interoperability and cross-chain communication The cryptocurrencies, each blockchain operating as a siloed ecosystem, have limited communication and interoperability between different networks. However, seamless cross-chain communication and asset transfer will become increasingly crucial as the crypto landscape evolves. ...

DeFi debit cards represent the next evolution in payments by connecting decentralized blockchain networks powering digital assets to real-world spending at checkout counters and online merchant gateways globally. This card resembles a regular Visa or Mastercard-backed card that is used to spend currency anywhere the payment networks operate. However, instead of topping up the card via bank accounts or wires, balances are funded by purchasing and transferring cryptocurrency into a linked mobile wallet app. When transacting, designated crypto assets get automatically converted into fiat currency in real-time based on live rates, followed by settlement with the merchant through traditional debit card payment rails. The process leverages an ecosystem of smart contracts, custodial reserves, ...