In this episode, I interview Chris Miller, Head of Strategic Partnerships at Metal Pay & Proton Chain. Chris does a great job of breaking down both the Metal Pay app & the Proton Chain into easily digestible use cases for the less educated crypto folks out there. If you’re looking for a simple way to purchase cryptocurrency and earn yields you need to listen to this episode.
About Metal
Metal (MTL) is the native currency of Metal products and an essential part of the Metal ecosystem. Sending and receiving any crypto to friends on Metal Pay is, according to the team, instant and feeless. Designed to make cryptocurrency payments fast and easy, users pay zero fees when sending, receiving, buying, or selling MTL.
Additionally, Metal Pay users pay substantially fewer fees when buying other cryptocurrencies if they also hold MTL, with 0% fees offered to anyone who holds 10,000 MTL. Created with the goal of being highly useful and advantageous to hold, MTL has fueled Metal Pay and allowed it to become one of the few FDIC-insured on-ramps to cryptocurrency in the United States. As of the 8th of June 2022, Metal Pay is available in 28 EU countries allowing hundreds of millions more people to use and enjoy the benefits of Metal Pay.
Read more on Coinmarketcap.com
About Proton Chain
Launched in San Francisco, Proton (XPR) is a new public blockchain and smart contract platform designed for both consumer applications and peer-peer payments. Proton aims to provide a secure, verified identity account which is integrated with a financial settlements layer that allows users to directly link this identity with fiat accounts, pull funds and buy crypto, and use that crypto seamlessly in apps, all without sending any of the user’s private, sensitive information. Proton removes the concept of sharing private keys directly with merchants by creating a permission-less layer that exists on top of traditional card networks and banks.
The user maintains the private key in confidence while permitting institutions who wish to authenticate the user to check with trusted institutions via public keys. The verification from the trusted institution will confirm the user’s identity without revealing the user’s associated private key.
Metal Pay Demo & DeFi Deep Dive