Globiance, a pioneering DEX with an AMM on the XDC blockchain, nears a major technology milestone.
Globiance Exchange, a beta version of the Globiance DEX will be released in the coming weeks.
The exchange will promote cryptocurrency adoption in emerging markets using blockchain technology by the firm and its partners.
The AMM’s CEO and founder Oliver La Rosa discussed the ecosystem’s recent successes and future plans on ChainLeak.
Enterprise-grade trustless crypto asset trading platform Globiance
It is an enterprise-grade platform that lets organizations trade trustless crypto assets automatically without dealing with traditional financial institutions. Globiance is targeting global expansion in 2023.
It serves thirteen countries on five continents. It provides basic financial functionality to “unbanked” regions in future adoption phases, supporting cryptocurrency OGs’ “banking for the unbanked” motto.
The team also plans to allow unbanked users to learn about and use Globiance without a smartphone.
The CEO emphasizes that Globiance obtained a financial institution and crypto exchange license before expanding to new markets.
Globiance is a fintech company that offers investment consultation services and financial products. The company won Best Digital Bank in 2017 and Innovative Bank of the Year in 2018.
Mr. La Rosa compared his application’s toolkit to that of a major fintech app CashApp. Globiance, like the most popular U.S. crypto-friendly smartphone app, allows customers to buy Bitcoin (BTC) with their salaries.
Mr. La Rosa said Globe is a Bitcoin-only wallet but is adding other cryptocurrencies. We want to let users buy any cryptocurrency as easily as Bitcoin.
Globiance bets on card integration into its services as credit and debit cards dominate fiat money circulation. CEO La Rosa discussed the possibility of such an alliance in a recent interview.
“We are working on a system that will allow the buying and selling of cryptocurrency through credit cards. The main goal is to create a user-friendly interface to buy cryptocurrencies with existing financial resources.
In 2022, Globiance engineers tested card integration schemes, he said. Four schemes were tested. Two schemes are operational by January 2023, while two are under development.
Globiance and its global clients will achieve a major milestone by integrating Visa, MasterCard, UnionPay, and other major credit cards.
In the next few weeks, the Globiance team is going to release a new version of its protocol. This will include all planned enhancements and functional improvements, marking a major project milestone.
They plan on launching 12-15 modules. In addition, the market is on the lookout for ways to improve and optimize the technology behind its trading platform.
The platform now supports more assets (both fiat currencies and cryptocurrencies).
Right now, you can use the exchange to buy ETH, BTC, and USDT with a credit card. The platform is also planning on implementing support for several other cryptocurrencies in due time.
Globiance DEX beta, Globiance Exchange
Globiance Exchange, a beta version of the Globiance DEX will be released in the coming weeks. Globiance and its partners will use blockchain technology to boost cryptocurrency adoption in emerging markets.
On ChainLeak, Globiance CEO and founder Oliver La Rosa discussed the ecosystem’s recent successes and future plans with Joshua Roomsberg.
Globiance is an enterprise-grade platform that lets organizations trade trustless crypto assets and automatically without dealing with traditional financial institutions.
Globiance is laser-focused on global expansion in 2023. As of now, it serves customers in 13 countries across 5 continents.
Globiance will support cryptocurrency OGs’ “banking for the unbanked” motto by offering basic financial services to “unbanked” regions.
The team also plans to allow unbanked users to learn about and use Globiance without a smartphone. The firm prioritizes 100% regulatory compliance when entering new markets.
The CEO emphasizes Globiance’s financial institution and crypto exchange licenses. The company has also sought global expansion by submitting licensing applications in other jurisdictions.
Globiance is a fintech company that offers investment consultation services and financial products. The company won Best Digital Bank in 2017 and Innovative Bank of the Year in 2018.
Describing the toolkit of his application, Mr. La Rosa made the analogy to another popular financial software, CashApp.
Globiance, like the most popular U.S. crypto-friendly smartphone app, allows customers to buy Bitcoin (BTC) with their salaries.
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