Today, all projects on the Venom blockchain are great. And there will be dozens and hundreds of new blockchain projects, which is great. But… there is one important point about which I did not find anything in the whitepaper. And I’m wondering - are blockchain and developers working in this direction?
Blockchain projects are good. But in order for the ecosystem to become completely independent and 100% functional and attractive to most users, fiat gateways on the blockchain are needed - input and output of fiat money. Perhaps, bridges and third-party applications like MetaMask, etc. are a half-way solution to this issue.
The CEX and DEX practice input and output by bank cards and the P2P format - and this is convenient. This is like an option for the Venom blockchain. The experience of Ton and Telegram is also very interesting - in my opinion, this is the best solution for today - when you can freely deposit and withdraw fiat.
Ideally, on the Venom blockchain, I would like to see several options for fiat gateways:
Deposit and withdrawal (as well as the purchase and sale of cryptocurrency) with the participation of bank cards. But… there are certain problems here - such as sanctions and so on. This will not work for all countries.
P2P service is a more universal option when sanctions and other nonsense do nothing to interfere with free trade on the Venom blockchain
It is not yet ready to technically substantiate the concept of fiat gateways by analogy with Telegram for the Venom blockchain… but today it is also a very convenient option for depositing and withdrawing fiat money and exchanging with cryptocurrencies.
This is a very important moment for the blockchain, just like burning tokens (deflationary VENOM). Fiat gateways, if they work the same for everyone (not only in dollars, but also in euros, and yuan, and rubles, etc.), can bring millions and billions of users to the blockchain.
Actually, my question is this: Does the blockchain have or is Venom developing some kind of its own solution for fiat gateways so as not to depend on various intermediaries? And if there is such a solution for fiat gateways or is being developed, then I would like to know more about it.