AMA session with Pi Union review ๐Ÿ“

A few days ago, Everscale partner Pi Union team held an AMA session, where they answered questions from the participants about the results of their work.

Here are the main points:

๐Ÿ”ตPi Union is a licensed fintech ecosystem offering Everscale blockchain-based financial applications

๐Ÿ”ตPi Union is not a bank, but provides similar services through the Evercash mobile app. The system integrates with European bank accounts and conventional bank card programs

๐Ÿ”ตCustomers can open a bank account and order a bank card, but KYC clearance and European Union residency will be required

๐Ÿ”ตPi Union has issued «EUPi» stablecoin, which, as part of the platform, can be exchanged for other assets and used for payments

๐Ÿ”ตThe company applies various security measures and audits its ecosystem to ensure the safety of users' funds

๐Ÿ”ตThe project team prepared a report detailing the principles of integration with Everscale, customer base, cashback program, stablecoin turnover, etc.

๐Ÿ”ตTrial of the ATM concept, which allows users to withdraw and deposit in local currency, was successfully conducted

๐Ÿ”ตThe developers see the further development of the global financial system as the interconnection between traditional financial institutions and cryptocurrencies, as the popularity of digital currencies in the world grows

โžก๏ธ Future plans of the company:

โ–ถ๏ธCreating a network of ATMs
โ–ถ๏ธCompetition with European banks
โ–ถ๏ธEntering Balkan region in 2-5 years
โ–ถ๏ธFurther cooperation with Everscale
โ–ถ๏ธSupport for Venom Network, stablecoin listing

โ–ถ๏ธGo to full video (25 min.)

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