not approved
Bringing bank accounts (IBAN) On-Chain on Cardano through a L2 network
Current Project Status
Unfunded
Amount
Received
Received
₳0
Amount
Requested
Requested
₳100,000
Percentage
Received
Received
0.00%
Solution
Our proposed solution leverages the MiCAR regulations to enable the creation of on-chain IBAN accounts on a L2 on top of Cardano, provided the company holds the necessary IBAN issuing license.
Problem
The process of purchasing cryptocurrencies is complicated and cumbersome. It involves multiple steps and transfers of funds which leads to confusion and risk of error.
Impact Alignment
Feasibility
Value for Money