197: Beyond Borders: Jason from OnchainLabs on Bridging TradFi and Web3 with Seamless Payments
Description
In this episode of Web3 with Sam Kamani, Sam talks to Jason from OnchainLabs about the future of finance and how it’s moving on-chain. Jason shares insights into how OnchainLabs is bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi) by building a seamless, interoperable payment network. Discover how they aim to onboard users effortlessly, enable businesses to accept crypto without friction, and create financial empowerment through innovative on-chain solutions.
Key Timestamps
[00:00:00 ] Introduction: Sam introduces Jason from OnchainLabs to discuss the future of finance on-chain.
[00:01:00 ] Jason’s Journey: How Jason transitioned from being a Web2 entrepreneur to a pioneer in blockchain through a philanthropic payment project.
[00:04:30 ] The OnchainLabs Vision: Bringing daily financial operations, like salaries and payments, onto the blockchain.
[00:07:00 ] Key Challenge: Why making crypto compatible with TradFi is critical for mass adoption.
[00:09:30 ] The Chicken-and-Egg Problem: How OnchainLabs solves the issue of merchants needing users and vice versa in crypto adoption.
[00:13:00 ] Reverse Compatibility: The importance of integrating crypto payments with traditional banking systems for the next decade.
[00:17:00 ] Solving Payment Frictions: How OnchainLabs’ OPN (Onchain Payment Network) enables real-time value transfers and reduces complexity.
[00:22:00 ] Decoupling Services from Custody: Why DeFi unlocks financial marketplaces and true ownership.
[00:24:30 ] The Power of Stablecoins: The potential of purpose-driven stablecoins to drive social and environmental change.
[00:28:00 ] Scaling for Adoption: How OnchainLabs is making crypto accessible with fiat-to-token purchases, bypassing traditional onboarding challenges.
[00:31:00 ] The Future Beyond On-Chain: Jason and Sam discuss what’s next after the world adopts on-chain finance.
[00:33:00 ] Call to Action: Jason invites token-based projects and DAOs to collaborate with OnchainLabs to enable fiat access to their tokens.
Connect
https://www.linkedin.com/in/jdominique
https://www.linkedin.com/company/onchainofficial/
Disclaimer
Nothing mentioned in this podcast is investment advice and please do your own research. Finally, it would mean a lot if you can leave a review of this podcast on Apple Podcasts or Spotify and share this podcast with a friend.
Be a guest on the podcast or contact us - https://www.web3pod.xyz/