Pioneering decentralized crypto payment solution: Interview with Airswift CEO PressRelease
is a Web3 Fintech company building a decentralized crypto payment platform built around the core objective of connecting merchants with Web3 payment acceptance solutions. It’s designed in a way that empowers businesses to expand their digital currency acceptance, enabling digital asset holders to make frictionless purchases.
Exchange, payment, and wealth management are the three cornerstones of the financial services world. While there are decentralized exchange and wealth management platforms, the industry is lacking decentralized payment gateway products, which are needed to transition from centralized to decentralized fintech infrastructure.gateways bring custody risk if the provider defaults, while this isn’t an issue with decentralized solutions.
After starting operations in the summer of last year, we have released our key product–the crypto payment gateway–and attracted some pilot customers for it, including payment service providers who want to incorporate crypto solutions, and small shops who want to accept crypto for different purposes. Some want to attract younger customers, while others want easy cross-border transactions.
The number one challenge in the industry is the speed of innovation. The regulation process lags behind innovation, so issues arise that we have to solve ourselves. First, the decentralized payment protocol is liquidity pool-based, as access to crypto liquidity is needed to facilitate the many sporadic fund transfers required by merchants.
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