Dr. Friederike Ernst is the co-founder of Gnosis and Gnosis Pay.
In this episode, Dr. Ernst shares 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 their crypto at over 80 million VISA merchants worldwide.
Although crypto payments for everyday transactions have yet to penetrate the consumer market, Dr. Ernst says it's only a matter of time before traditional financial services move onchain:
"In 5 to 10 years, I am pretty certain that most financial rails were run on blockchain technology just because it's much, much more efficient than the current stack."
Dr. Friederike Ernst is the co-founder of Gnosis and Gnosis Pay.
In this episode, Dr. Ernst shares 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 their crypto at over 80 million VISA merchants worldwide.
Although crypto payments for everyday transactions have yet to penetrate the consumer market, Dr. Ernst says it's only a matter of time before traditional financial services move onchain:
"In 5 to 10 years, I am pretty certain that most financial rails were run on blockchain technology just because it's much, much more efficient than the current stack."Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.