the future of blockchain payments according to two former Revolut employees
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The former Revolut employees Joao Alves and Guilherme Gomes have raised 2.3 million dollars for Bleap, an innovative app that combines the security of blockchain with banking efficiency. In this article, we will see all the details. A blockchain bank account for the finance of tomorrow: the plan of former Revolut employees for Bleap Two former executives of Revolut, Joao Alves and Guilherme Gomes, have joined forces to develop Bleap, an application that promises to revolutionize payments through the use of blockchain and stablecoin. Thanks to a pre-seed funding round of 2.3 million dollars led by Ethereal Ventures, the project aims to offer a decentralized bank account with advanced features that surpass the limits of traditional financial systems. Bleap is not just an app to manage stablecoin. It is a platform that combines a self-custodial wallet with a Mastercard debit card, allowing users to spend stablecoin in the real world without conversion fees and with cashback up to 2%. The vision of Alves and Gomes is to create a modern, intuitive, and highly efficient banking experience. “We wanted an app that combined the power of blockchain with the best of the banking sector”, stated Alves, who in the past led the credit card program at Revolut. Bleap is built on the Ethereum Layer 2 Arbitrum network, which ensures fast transactions without additional costs. The system abandons the traditional seed phrases in favor of a more intuitive access based on advanced technologies such as Multi-Party Computation (MPC), developed by PortalHQ. This approach allows for the division of cryptographic keys between the user and Bleap’s servers, offering a secure and easy to use experience. In case of loss of the device, users can recover their wallet through a two-factor authentication (2FA) process and a backup password. This innovation eliminates the problems associated…
Filed under: News - @ November 29, 2024 3:24 pm