Decentr and Public Mint are partnering up to develop Web 3.0 and DeFi tools ๐จ This article is 4 years old...
Decentr and Public Mint are partnering up to develop Web 3.0 and DeFi tools
The two firms say real-world usability of crypto products would help bring DeFi to the masses.
2 min read
Updated: Apr. 21, 2021 at 6:51 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Ever closer to mainstream adoption, new partnerships between key industry players are helping to step up the real-world usability of crypto products. The latest news which has crypto fans paying attention, is the collaboration between Public Mint and Decentr.
One Step Closer to DeFi
Public Mint gives users a simple payment system that is powerful enough to enable them to access a range of opportunities in decentralized finance (DeFi).ย
This platform, which is focused on fiat to crypto transactions, gives the opportunity to even the unbanked to engage with the crypto market. Not only can users top-up their wallet via their bank account, credit card, stablecoins and other options, but it also allows them to instantly send funds to anyone in the world in seconds, knowing that the transaction has been made securely over the blockchain. Users can gain passive income by staking their holdings for returns.
On the other hand, Decentr is shaking up the internet with their Web3 browser which takes control of data from the likes of Google and Facebook, and gives the control of their data firmly back to the user. The more data the user creates, the cheaper the products he purchases via the browser, whether through fiat currencies or cryptocurrencies.
ย This gives the user the chance to pocket the income from his own data, rather than allowing outside sources to benefit from his private data.
The collaboration will see Public Mint as the payment gateway of choice across the entire Decentr browser. The integration will mean that users of Decentr can reap the rewards of browsing directly into their Public Mint wallet.
With Public Mint, those using the Decentr ecosystem can make payments in fiat or in cryptos, with the recipient getting funds in the currency of their choice. Transactions are simple, instant and users need not have any crypto knowledge or expertise.
Posted In: DeFi, Partnerships
