Crypto-winter might be coming, but things are certainly not dead in the area 🔥 Open banking regulations, like PSD2, are already changing the way we think about modern finances, but their effect on other financial systems remains to be seen. Ramp Network offers you a glimpse of that, presenting just one of many ways in which open banking can introduce blockchains to wider audience, making it more usable and accessible 🚀
What is it all about? 🤔
Ramp Network takes advantage of PSD2, a recently introduced open banking regulation, to bridge smart contracts with conventional banking. Armed with in-depth legal and technological knowledge, Ramp targets some of the biggest issues within the community, including, but not limited to, dangers of crypto exchanges or the complex access to financial systems based on distributed ledgers.
Ramp’s first achievement is launching Ramp Swaps, an app that allows you to securely buy and sell Ethereum-based assets, such as ETH and ERC-20 tokens for fiat currencies 🙌 Key features:
✅ as peer to peer as it gets - crypto and fiat assets are under your custody - with no intermediary accounts
✅ fast - it can take less than 10 minutes to set up a trade and finalize it
✅ free of charge during beta - all you cover is gas
If you dream about the future where 0x protocol works with your bank, dream no more. See how banks’ APIs interoperate with the Ethereum blockchain. See one of the first fiat to crypto atomic swaps. And meet the team that made it happen.
We’re all about disruptive technology, breaking old rules and doing what people told us impossible. Our background is both technological and legal and we’re bringing this unique skillset to work on revolutionising financial systems as we know them. Based in Warsaw, but aiming worldwide.
What’s the plan? 🗓
➡️ 19:00 - 19:15 - Greetings
➡️ 19:15 - 19:30 - Szymon Sypniewicz on open banking x blockchain
➡️ 19:30 - 20:00 - let's talk about PSD2 and blockchain
➡️ 20:00 - Ramp Swaps demo - we’ll help you do a fiat to crypto atomic swap, so BYOD!
➡️ Throughout - meetup classics: 🍕pizza & beer 🍻!
Be sure to save the date! Disrupt your Wednesday's routine and stop by our first London get together and meet new kids on the block(chain) 😎