Credit cards can bridge Web2 to Web3, says music industry exec

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Credit cards, that traditional finance tool that can bridge Web2 to Web3.

. However, as pervasive as the space has become, many are still skeptical as to how it can and will be a part of their lives.

​​Guez said that making these new digital tools accessible via Web2 tools users are already familiar with, such as credit cards, creates a bridge between these two versions of the digital reality. However, he touched on how using familiar Web2 financial tools helps lessen the hurdles plaguing the industry, such as a lack of education on decentralized money management.

He continued to say that this further education includes informing users about self-custody practices so that they can “fully embrace Web3, operate their digital wallets, and never lose access to their digital assets.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Many developers are seeking ways to bridge the gap between these two iterations of the web. We spoke with Bruno Guez, CEO of Revelator, to understand why he believes already existing Web2 financial tools such as credit cards can actually be bridges to usher new users into Web3.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines