A Better Payment System, Decentralized.

According to Statista, the total transaction value in the digital payments market is projected to reach a staggering <a href="https://www.statista.com/outlook/dmo/fintech/digital-payments/worldwide" rel="noopener ugc nofollow" target="_blank">US$9tn in 2023</a>. Yet, in this age of blossoming demand for digital payment methods, a formidable contender — blockchain — promised to rival traditional payment systems but has, up to this point, remained largely sidelined in practical day-to-day transactions. The decentralized allure of blockchain often gets overshadowed by its current lack of practicality in payment use cases. Despite its high-tech appeal, Decentralized Finance (DeFi) does not yet provide a user experience (UX) that is competitive with or superior to that of traditional payment platforms. Web2’s formidable leaders, such as <a href="https://stripe.com/" rel="noopener ugc nofollow" target="_blank">Stripe</a> and <a href="https://www.adyen.com/" rel="noopener ugc nofollow" target="_blank">Adyen</a>, have spent decades polishing their systems to be consumer-friendly. As a result, the concept of DeFi-powered payments remains an academic novelty, rather than a daily driver. <a href="https://medium.com/embrlabs/a-better-payment-system-decentralized-e396f642f6ea">Website</a>