Ethereum Sidechain Gnosis Launches Revolutionary Crypto Payment Network And Visa-Linked Debit Card
Portfolio Pulse from Murtuza Merchant
Blockchain network Gnosis, an Ethereum sidechain, has launched Gnosis Pay and Gnosis Card, integrating cryptocurrency with traditional payment systems. Gnosis Pay allows web3 developers to integrate with traditional payment schemes, including Visa. Gnosis Card is a Visa-certified self-custodial consumer debit card connected to an on-chain self-custodial wallet. The card allows purchases anywhere Visa is accepted. The company aims to bridge the gap between on-chain and off-chain worlds and plans to expand to the U.S., Brazil, Mexico, Singapore, and Hong Kong.
July 17, 2023 | 12:55 pm
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The launch of Gnosis Pay and Gnosis Card, built on the Ethereum network, could increase the utility and adoption of Ethereum, potentially positively impacting its price.
Gnosis Pay and Gnosis Card are built on the Ethereum network, which could increase the utility and adoption of Ethereum. As these products allow for integration with traditional payment systems, they could attract more users to the Ethereum network, potentially driving up demand and price for Ethereum.
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