Digix partners with UK-based Visa Debit Card Provider, Monolith, and international blockchain organization, MakerDAO, to expand its e-payment solution.
London & Singapore, 15 August 2019 — London-based Monolith announces its partnership with international asset-based Decentralised Finance (DeFi) companies Digix and MakerDAO, to make their tokens loadable on the Monolith Visa debit card.
Taking Decentralised Finance mainstream with Monolith’s Visa debit card
As part of driving the everyday adoption of digital currencies in e-payments, the Monolith team is partnering with international blockchain companies MakerDAO and Digix to bring their respective digital currencies to the Monolith Platform.
Starting from the 15th of August 2019, users who sign up for Monolith will also be able to load their Monolith Visa debit cards with MakerDAO and Digix’s digital currencies through the Monolith mobile app. These currencies can be used for everyday transactions such as paying bills, purchasing goods or even to send and receive money.
Digix is the world’s first smart-asset company using blockchain that accounts for the authentication and provenance of 99.99% investment-grade gold bullions. Every DGX token represents 1 gram of gold that is stored in accredited precious metals vaults in Singapore and Canada. Retail investors holding DGX tokens can exchange their token back at Digix to redeem the physical investment-grade gold bullion.
To mark their partnership with Monolith, Digix is offering the first 1,000 users who activate their Monolith Card 0.1g of Gold in DGX tokens credited to their Monolith Wallet.
Raising the growth and applicability of Decentralised Finance internationally
The decentralized finance space has seen greater attention in 2019 with larger institutions seeing the potential for blockchain in payment processing. Monolith’s announcement comes at a time where prominent institutions such as Visa, J.P Morgan Chase, and Facebook have delved into blockchain-based projects of their own.
Through the Monolith platform and debit card which allows for usage anywhere that accepts Visa, European and London-based retail investors of Digix’s digital assets can now use DGX tokens for everyday purchases. With the credence of connecting with anywhere that accepts Visa, more blockchain-based companies like Digix can integrate their e-payment options to better serve everyday consumers.
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“We’re thrilled to have had a fantastic response from our beta users and are now ramping up for growth. Rebranding to Monolith helps us achieve our mission of democratizing finance and bringing the Token economy to everyone while providing a unique service to our customers,” Mel Gelderman, CEO of Monolith said.
“MakerDAO and Digix are some of the most well-recognized and earliest Ethereum-based projects. For TKN holders, these partnerships mean that DAI, DGD, and DGX are now eligible for usage in the TKN Asset Contract. We’re thrilled to offer them on Monolith, and see this as the start of bringing many more quality tokens into the Monolith ecosystem. Watch this space.” he added.
Monolith’s solution provides a powerful way for token holders to extend the usefulness of their crypto-holdings,” said Rune Christensen, CEO, and Cofounder of MakerDAO. “Their cards create a critical bridge from the world of DeFi to the more traditional world of retail.
“Monolith is a pioneer in the space of cryptocurrency cards. This partnership is driven by a common mission with Monolith to democratize access to cryptos to the majority, and increase the utility of blockchain assets, allowing blockchain assets to permeate into everyone’s daily lives.” Kai C. Chng, CEO of Digix said.
About Monolith
Monolith is a London-based banking alternative powered by Ethereum. Established in 2016, Monolith aims to bring the Ethereum economy to the real world.
Available on the App Store (iOS with Android to come), Monolith allows you to securely store ETH and ERC-20 tokens in your own decentralized Contract Wallet. You can then exchange them to fiat and preload them to your Monolith Visa debit card.
The Monolith token, TKN, gives community members a chance to share in the success of the Monolith card and is backed by a basket of Ethereum tokens that people use to pay for everyday purchases.
Find out more at https://monolith.xyz/
About MakerDAO
MakerDAO enables the generation of Dai, the world’s first unbiased currency and leading decentralized stablecoin. Dai eliminates volatility through an autonomous system of smart contracts called the Maker Protocol and decentralized community governance.
Dai is the world’s first unbiased currency. Unlike traditional currencies, it’s resistant to geopolitical instability and manipulation. Dai is the leading decentralized, asset-backed, stablecoin — though currently on Ethereum, Dai is built to be blockchain agnostic.
Digix与英国Visa借记卡提供商Monolith和国际区块链组织MakerDAO合作，扩展其电子支付解决方案。
伦敦和新加坡时间，2019年8月15日 -
总部位于伦敦的Monolith宣布与中心化金融（DeFi）公司Digix和MakerDAO合作，支持其代币可以在Monolith Visa借记卡上使用。
通过Monolith的Visa借记卡将去中心化金融带入主流社会
为推动数字货币在日常电子支付中的使用，Monolith团队正在与国际区块链公司MakerDAO和Digix合作，将他们的数字货币引入Monolith平台。
从2019年8月15日起，注册Monolith的用户也可以通过Monolith移动应用，为他们的Monolith Visa借记卡加载MakerDAO和Digix的数字货币。这些货币可用于日常交易，如支付账单，购买商品甚至收发款。
Digix是世界上第一家使用区块链技术为99.99％投资级金条的鉴定和溯源提供保障的数字资产公司。每个DGX代币代表1克黄金，存储在新加坡和加拿大的可信的贵金属保险库中。持有DGX代币的投资者可以在Digix把他们的代币兑换成实物投资级金条。
为了纪念他们与Monolith的合作伙伴关系，Digix为激活Monolith Wallet 的前1,000名用户，以 DGX 的形式提供0.1g黄金奖励。
提升去中心化金融的规模和易用性
2019年，去中心化金融领域越来越受关注，大型机构看到了区块链在支付处理中的潜力。 Monolith的宣布的同时，Visa，J.P Morgan Chase和Facebook等知名机构也已都已经开始深入研究自己的区块链项目。
通过Monolith平台和借记卡，可以在任何接受Visa的地方使用，欧洲和伦敦的Digix数字资产投资者现在可以使用DGX代币进行日常购物。通过打通支持Visa支付的场景，更多像Digix这样的基于区块链的公司可以整合他们的电子支付功能，以更好地服务于日常消费者。
“我们从我们的测试版用户那里得到很好的反应，目前我们正在加速增长。重塑Monolith可以帮助我们实现财务民主化的使命，将代币经济带给每个人，更好的为我们的客户提供个性化服务。” Monolith首席执行官Mel Gelderman表示。
“MakerDAO和Digix是最受认可和最早的基于以太坊的项目。对于TKN持有者而言，这些合作关系意味着DAI，DGD和DGX可以在TKN资产合约中使用。我们很高兴可以在Monolith上提供它们，这将是更多优质代币进入Monolith生态的开始。注意看吧。“他补充道。
Monolith的解决方案为代币持有者提供了一种有效的方式来拓展其所持加密资产的实用性，“MakerDAO首席执行官兼联合创始人Rune Christensen表示。 “他们的借记卡创造了从DeFi世界到更传统的零售世界的重要桥梁。”
“Monolith是加密货币卡领域的先驱。我们建立合作关系是因为我们有共同的目标——推动，使大多数人能够自由使用数字货币，增加区块链资产的实用性，使区块链资产能够渗透到每个人的日常生活中。”Digix首席执行官Kai C. Chng表示。
关于Monolith
Monolith是位于伦敦的一家基于以太坊区块链经营银行业务的公司。 Monolith成立于2016年，旨在将以太坊经济带入现实世界。
可在苹果App Store（即将推出Android版）上使用，Monolith允许您在自己的去中心合约钱包中安全地存储ETH和ERC-20代币。然后，您可以把它们兑换成法币并将它们预装到您的Monolith Visa借记卡上。
Monolith的代币TKN让社区成员有机会分享Monolith卡的收益，该收益基于人们用于日常消费的一系列以太坊代币。
欲了解更多信息，请访问https://monolith.xyz/
关于MakerDAO
MakerDAO创造了世界上第一个无偏见的货币和领先的去中心化稳定币。DAI通过包括Maker协议和去中心化社区治理的一系列智能合约，消除了货币的波动性。
DAI是世界上第一个无偏见的货币。与传统货币不同，它可以避免地缘政治的不稳定和人为操纵。DAI是领先的去中心化、资产证明的稳定币 - 虽然目前 DAI是在以太坊上创建的，但 DAI 将可以在不同的区块链上使用。