Sentences with phrase «even local fiat currency»
Token abstraction on 0x allows dApps to obfuscate smart contract interactions with application - specific tokens so that end users appear to only be paying transaction fees denominated in ETH (or even local fiat currency, assuming there are fiat - pegged tokens on the Ethereum Blockchain).
http://www.the-blockchain.com/ Not exact matches
The transaction works the same in the reverse: if a recipient needs or prefers to receive a payment in bitcoin, but the sender prefers to deal in fiat currency, the sender can add money to their Abra wallet using their bank account or a local Abra Teller and then send their fiat currency directly to the recipient's bitcoin address, even if the recipient does not have an Abra wallet.
There are even local booths where users can go and buy a Ripio token with fiat currency, then learn about mobile wallets.
This will make it effortless for our users to convert their utility tokens, providing them with continuous liquidity not even against Bitcoin, Ripple, Bitcoin Cash and Ethereum but also against local fiat currency.