Decentr, the Web3 browser that returns control of user data, and Public Mint, a synthetic fiat-centric crypto payments platform, announced today that they have partnered to implement deep product integration between the two projects.
Public Mint will act as the payment and fiat solution on and off the driveway within the Decentr product suite. Decentralized users can transact between crypto and synthetic fiat without having to learn about the complexity and costs involved in working through crypto exchanges.
Decentr builds a range of products with the Decentr web browser as the flagship. The browser aims to change the user’s relationship with their own personal data, which is currently being extracted from users, without any form of compensation. With Decentr, users can control and receive value for sharing their data while browsing, which is secured by a blockchain-based decentralized ID (DecID).
The browser is also set to offer native integrations with Web3 and provide a cryptocurrency wallet that allows interaction with Decentralized Finance (DeFi) platforms.
Decentr + public currency
Public Mint will power Decentr’s dPay function and serve its users with an easy-to-use and comprehensive payment platform. By integrating Public Mint’s on-chain and off-chain payment solutions, users can take advantage of lightning-fast and low-cost payments without necessarily having to interact with the wider, more complex cryptocurrency ecosystem. Public Mint offers native fiat payment rails backed by its dedicated payment processing blockchain.
Through Public Mint, users of Decentr can pay fiat and the recipient then receives payment in the denomination of their choice, without requiring specialized knowledge of cryptocurrency for any part of the transaction.
“Public Mint is an exciting partnership for us as it enables the delivery of user-centric payment solutions on our platform that are intuitive and easy to use – especially for users with no special crypto or technical knowledge. Public Mint’s multi-tiered approach is perfectly aligned with Decentr’s goals of enabling the deployment and transaction of fiat currencies on supported blockchains. “
– Nikita Anikeev, co-founder and CTO of Decentr
Public Mint offers a variety of B2C and B2B payment solutions targeting tokenized fiat settled on the Public Mint blockchain. By focusing on fiat from the outset, Public Mint can provide users of all backgrounds with a familiar currency environment, while exposing them to the limitless and frictionless transactions enabled by blockchain technology. The EARN platform is one of Public Mint’s most important value propositions for users; allowing them to earn the Fi level returns without having to hold crypto directly.
“Public Mint is the natural backbone solution for Decentr and we are excited to partner with the project to help users take control of their own data. We believe much of blockchain’s real-world utility has been hidden under the complexities of cryptocurrency usage. For us, letting people discover blockchain at their own pace is the key, the key to sticky adoption. “
– Paulo Rodrigues, CEO of Public Mint