AN OU
AMA (Ask Me Anything)
August Edition
• Understanding Stable Coins
FuturewithStablecoins:
■ Advocacyfor Stable Coins: Beliefinthefuturedominance ofon-chainassetsandstablecurrencies.
■ Blockchain's Potential: Emphasisonblockchainreducing reliance on traditional financial systems with P2P networks.
■ Addressing Cryptocurrency Risks: Providing stable alternatives for payment transactions against volatile cryptocurrencies.
■ Growing Recognition: Central banks and enterprises recognisingmovingtowardsblockchainsolutions.
� BlockchainandStablecoins: � A GrowingTrend
TransactionVolume:
■ Outpacing Visa: Indicating stablecoinsfortransactions.
1ncreas1ng reliance on
Profitable Ventures: Significant business opportunities withsubstantialprofits.
Future Outlook:
■ On-Chain Future: Expectation of all currencies transitioningtoon-chain.
Market Expansion: Anticipated growth 1n stablecoin marketcap, reachingtrillions.
RegulatoryLandscape:
■ Pushback Challenges: Navigating resistance from retail CBDCsandgovernments.
■ Democratic Potential: Stablecoins' role in influencing publicacceptance.
TargetAudiences:
Smallcountriesdigitisingtheirtreasuriesandcommercial bankslaunchstablecoins
UseCases:
Cross-Border Payments: Leveraging stablecoins for internationaltransactions.
00 BlockchainTechnology Development 0 and Market Entry
ComprehensiveSolutions:
■ Technology Platform: Including wallets, custody, and a networkforstablecoinissuance.
■ Regulatory Compliance: Seeking stablecoin licences across multiplejurisdictions.
■ Leveraging Experience: Drawing insights from companieslikeRipple.
Geographical Focus: Asia, Africa: Geographies which can beexploredfor initialregulatoryandmarketentryfocus.
:, Digital PaymentsandStablecoins:
-=- An Overview
DigitalTransformation:
Replacing Inefficient Cash Payments: Enhancing governmentandtaxrebatesystems.
■ IntegrationChallenges:AddressingKYCandAMLhurdles withdigital IDsolutions
Drive Market Leadership:
■ Stablecoin Adoption: Driving merchant and consumer adoption,ledbyplayerslikeTether.
■ Tokenization Initiatives: Engaginginsignificantcontracts fortokenizingnaturalresources.
� Cross-Border Paymentsand �+' Profitability
ACompetitiveStrategy: ••
■ On-Chain Payments: Offeringa morecompetitivemodel comparedtotraditionalcross-bordersolutions.
■ LocalBank Integration: Enablingstablecoincash-outsvia ATMs.
:iJ: Cross-Border FintechandTreasurv,
• ... • Management
SimplifiedOperations:
■ Managing Multiple Currencies: Simplifying complex bankingrelationshipsforSMEs.
Treasury Focus: Enhancing technical treasury managementforsmallbusinesses.
AlternativeCreditBureaus
CreditProfile Innovation:
■ Mobile Data Utilisation: Partnering with operators to createcreditprofilesfornewloanopportunities.
WadzPayparticipated as an industry expert at Sigma Asia 2024 in Manila, Philippines. The event focused on emergingtrendsin Asia Pacific payment dynamics for 2024.
WadzPayjoinedapaneldiscussionalongsideindustry leaderstoexplore:
■ Digital Currency Integration: How digital currencies are shaping the future of payments.
Blockchain Technology: The impact of blockchain on secure and transparent transactions.
■ MobileWallets: The rise ofmobile wallets andtheirimpact on user experience.
■ The Changing Face of Digital Transactions: How digital payment options are transforming online and offline commerce, including the gaming sector
Thepanelprovidedvaluableinsightsintohow cutting-edgepaymentsolutionsare:
■ Improving user experience for consumers.
Bridging the gap between online and offline environments.
II Propelling the expansion of the gaming industry
Otherpanelistsincluded:
■ Nick Hill, CEO, Premier Chain
■ Julian Goffin, Co-founder and CEO, Alunafi
■ Marcello Reis, CCO, AnSpacePay
■ Ron Xing, Principal Solution Architect, YugaByteDB
Voice ofWeb3 Convenes Industry Leaders to Discuss the Future RWA
Incollaborationwith CoinGape, the"VoiceofWeb3"event (date) broughttogetherindustryleaders, developers, andenthusiasts to explore the future ofWeb3 technologies.
WadzPay participated as a panel member in a discussion focused on Real World Assets (RWAs).
The panel addressed topics such as:
■ Tokenization of physical assets like property or commodities.
■ The potential of RWAs to improve asset liquidity and experiences & projects.
■ Challenges and considerations for integrating RWAs with Web3 technologies.
Through keynote speeches, panel discussions, attendees at Voice of Web3 gained valuable insights into:
■ Emerging trends in blockchain, DeFi, and regulatory policies.
■ Opportunities and challenges presented by Web3 technologies.
■ Collaboration on projects shaping the future ofWeb3.
Otherpanelistsincluded:
DavidPalmer, ChiefProductOfficer, PairpointbyVodafone
■ PrashantAggarwal, FanTV, Founder & CEO (Ex Ganna.com)
Our Leadership Team meeting Local Dignitaries in Africa
HIRE HIGHLIGHT
Dinesh KR
Senior ManagerBlockchain ProductDevelopment
Dinesh KR has 14+ years of experience in Software Development which includes Engineering with Tech Stack of Oracle - SOL , Java , Spring Boot , .NET , Node JS , Angular ,NoSOL DB , Rest API, Python , Blockchain Tech stack - Solidity , Ethereum - EVM , Galang gRPC, Cryptography. He started his careerinOraclefordeveloping Financial Product inInvestment Backing (Asset Management) for Clients like JP Morgan , HSBC etc.
He has a passion for disrupting Blockchain, and the tech stack revolving around itand started Blockchain involvement in 2018 with Private Blockchain and eventually moved on to Public Blockchain, where he worked on DEFI projects , and DEX (Decentralized Exchanges).
Priorto joining WadzPay he has worked with Oracle ,Cognizant, HCL, BNY Mellon asVP - Senior Specialist - Al & Blockchain.
Biplab :Jena Engineering Manager
Biplab Jena is an IT professional with 23+years of rich experience across Project Management in .NET, Java, MVC, DevOps, Cloud, and Docker across sectors - E-commerce, Logistics, FMCG, Finance, and CX sectors having expertise in various technologies like C# Dot Net, ASP, ASP.NET, MVC JOUERY, LINO, Entity Framework, MS SOL Server, ADO.NET and Web Services.
He is a team player, and his competencies lie in Lead Application and Product Development Estimation and Project Planning, Alliance Relationships Management, Managing Global Delivery Models, Requirement gathering and time & cost management
Prior to joining WadzPay he has worked with Apollo Logisolutions, Accenture, Kapil IT and Concentrix.
He has done B. Com. from Sambalpur University and Post Graduate Diploma (Web Design, Web Programming, Design Tools) from IIS Websity
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