

Here's how Gnosis Pay plans to bridge the gap between onchain and off-chain payments
Feb 2, 2024
Dr. Friederike Ernst, co-founder of Gnosis and Gnosis Pay, discusses how Gnosis Pay plans to bridge the gap between on-chain and off-chain payments. They share how the upcoming Gnosis Card will allow users to spend their crypto at over 80 million VISA merchants worldwide. Dr. Ernst believes that in 5 to 10 years, most financial rails will be run on blockchain technology due to its efficiency. They also explore the challenges of merging onchain and off-chain payments and suggest solutions like account destruction and abstracting infrastructure costs from users.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 4min
The Early Vision and Platform of the Project
03:55 • 1min
Building Foundational Infrastructure for Ethereum
05:25 • 14min
Regulation of new banks in Europe and the adoption curve for cryptocurrencies
19:03 • 1min
The Future of Crypto Payments and the Comparison to Skype's Revolution
20:31 • 2min
Impediments to Bridging the Gap between Onchain and Off-Chain Payments
22:31 • 8min