This is a news story, published by TechCrunch, that relates primarily to DTR news.
For more banking & finance news, you can click here:
more banking & finance newsFor more news from TechCrunch, you can click here:
more news from TechCrunchOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
payments technology. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Nasdaq whale news, valuable fintech startup news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
global payments infrastructureTechCrunch
•82% Informative
Distributed Technologies Research ( DTR ) is attempting to bridge the gap between traditional banking and blockchain technology.
The Swiss startup claims its technology can eliminate various payment inefficiencies, from transfer costs and interchange fees to foreign exchange conversion charges.
DTR ’s push into payments infrastructure comes at a seemingly opportune time.
Naheta sees an opening in serving businesses caught between digital nomads and emerging markets.
The payments industry’s high margins and network effects make it notoriously difficult to disrupt.
Until just a year ago , only option for businesses needing to move between crypto and traditional banking systems was to “go to like an OTC shop and pay probably like 1 to 3% to get it transferred”.
VR Score
81
Informative language
77
Neutral language
72
Article tone
informal
Language
English
Language complexity
60
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
6
Source diversity
4
Affiliate links
no affiliate links