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Home»ADOPTION NEWS»Here’s how Gnosis Pay plans to bridge the gap between on-chain and off-chain payments:
ADOPTION NEWS

Here’s how Gnosis Pay plans to bridge the gap between on-chain and off-chain payments:

By Crypto FlexsFebruary 2, 20242 Mins Read
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Here’s how Gnosis Pay plans to bridge the gap between on-chain and off-chain payments:
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Posted 1 minute ago In ~

Episode 4 of The Scoop Season 6 was recorded as follows: The Block’s Frank Chaparro and Gnosis co-founder Dr. Friederike Ernst.

Listen below and subscribe to The Scoop on YouTube. apologize, spotify, Google Podcasts, stitcher, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).


Dr. Friederike Ernst is the co-founder of Gnosis and Gnosis Pay.

In this episode, Dr. Ernst discusses how Gnosis Pay is working to bridge the gap between on-chain and off-chain payments, and how the upcoming Gnosis Card will allow users to spend cryptocurrency at over 80 million VISA merchants around the world. We share how you can do it.

Cryptocurrency payments for everyday transactions have yet to penetrate the consumer market, but Dr. Ernst says it is only a matter of time before traditional financial services move on-chain.

“I am confident that in 5-10 years most financial railways will be running on blockchain technology as it is much more efficient than the current stack.”


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Davis Quinton is the Director of Podcasts at The Block and has a flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an ‘intern’ in early 2022, he has worked closely with leaders across multiple departments to translate The Block’s written content into engaging multimedia formats. He is a graduate of the Department of Social Studies & Public Policy at New York University, Abu Dhabi, and is based in Sydney, Australia.

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