Miro Pavletic, the founder of Stack digital wallet and STK token, explains how the platform enables people to use cryptocurrency for everyday expenses.
Stack is a digital wallet that uses the STK token, allowing users to transact instantly through existing points of sale around the world. Stack is making it easy to use cryptocurrency for everyday expenses like buying a coffee or going out for a dinner with friends. The goal is to enable average people make their cryptocurrency payment instantly, cheaply and conveniently.
Stack is using state channels to make this happen, and they are also looking to implement the DAI stable coin from MakerDAO, a project we featured in one of our recent episodes.
Stack started as a financial services platform where customer could replace their bank account with a digital one, access cash at ATM, do peer to peer transactions, and have multi-currency accounts. Then the team saw an opportunity in cryptocurrency to add that value to their existing solution. They believe that making it easy for people to use cryptocurrency for everyday transactions will lead to the mass adoption of blockchain technology.
Over the next year, Stack’s plan is to move out of pilot phase and into a functioning, fully compliant and regulated solution, so they can offer a high level of confidence to the customers. Their FIAT wallet has launched on June 1st with over 50000 users.
- Stack, website
- STK Token, website
- Crypto Radio’s Founder Series
- Crypto Radio Thought Leader Interview with Kenny Rowe of RChain and MakerDAO, Part 1 and Part 2
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