Enable FTC on PSD2 Banking HUB
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Hello,
My name is Ludovic but you can also call me Duff. I am product manager in the fund industry in Luxembourg and I am carefully following Feathercoin since early October 2017. So yes I am quiet newbie in the Crypto World. Anyhow we should start somewhere.I am quite impressed the work done by the Peter and the team and the news of today is amazing because the developers are the essence of any good product improvement.
This year comes into force in Europe new directive called PSD2. This directive will force retail banking to give access through API to Bank Account details and payments mechanism. This will allow creating new “hub” services that will aggregate bank accounts together in a same interface.
Many tech companies are positioning on this new market in order to deliver front-end service without the need to actually manage the back-end tasks such as KYC, cash, …
This tech companies will also try to sell further services and here I am thinking about Feathercoin. Imagine that once of this hub expose to their clients a Feathercoin wallet. It will would means in a same interface you would see your bank accounts with FIAT + your crypto wallet. Upon payment you would decide which channel to use –e.g. if the beneficiary has also Feathercoin wallet you see it and can actually pay through that channel.Ideally we would have to discuss with a technology partner like Figo (https://www.figo.io/en/) in Germany. Now that the foundation is there, Feathercoin has an “official” identity to enter such discussions and initiate some partnership.
What do you think?
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Hi @duff_lesterny and welcome to the forum!
Since Feathercoin is open source, nobody needs permission to do anything with it and/or use its source code. Of course I’m happy to coordinate any efforts to integrate the coin into new solutions, and if it’s a really cool project that the Feathercoin community supports as a whole, the Feathercoin Development Foundation may be able to spend some money on it.
From the blogpost it seems clear that wallet is an area of focus 😊
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Hi @rogerdarin
Thank you for your reply.
While looking further on that subject I found a UK based company (revolut.com) who is actually a new bank generation and they are combining FIAT and crypto. I’ve requested some information about how adding a crypto to their platform and i get an answer that they are already integrated with Bitstamp. Therefore if FTC was available on Bitstamp it could help for integration as well. (https://community.revolut.com/t/adding-ftc-cryptocurrency/32557)That’s not my initial idea but i think the information is interesting to share with the community.
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@duff_lesterny Thanks … some of us here are happy users of revolut, didn’t know that Bitstamp access was the criteria. Good job!
