OneLedger is proud to collaborate with STK to enhance the blockchain ecosystem. STK’s partner, STACK is a new personal finance platform, built on the idea that using your money should be free. Mastercard as STACK and STK’s payment rail allows customers to access over 33 million merchants across the world. OneLedger offers cross-chain transactions technology and STK offers instant cryptocurrency payments at the point of sale, using Ethereum-based state channels. The OneLedger x STK partnership will support instant cryptocurrency payments while enabling cross-chain transactions to allow the system to reach a broader audience.
OneLedger is a new generation of public chain protocol that provides highly efficient cross-chain engine. It helps individuals and businesses achieve cross-chain transactions through side chains. Additionally, OneLedger provides SDK development tools to enterprise developers. Through OneLedger’s protocol, STK will be able to connect to other blockchains within the OneLedger network.
“The teams at OneLedger and STK have interacted and discussed ideas at many events in the past. With both companies having offices in Toronto, Canada, there is a great understanding between the two teams regarding the market requirements and the technology needed for mass adoption. We look forward to working with the talented team at STACK.” Said David Cao, the Founder & CEO at OneLedger.
STACK is an alternative to traditional banking. It is a smarter way to spend, save or share your money, fee-free and straight from your mobile or with your STACK Digital Wallet. Once STK is available through STACK, it will allow customers to store both fiat and cryptocurrency safely and transact with it anywhere that accepts Mastercard.
Both companies are thrilled to be on the forefront of the blockchain revolution and work together to contribute towards mass adoption.