The partnership will connect the Otto Blockchain network with millions of global merchants using Immersve's DeFi-compliant credit card
Auckland, New Zealand--(Newsfile Corp. - February 3, 2022) - The Ottó Blockchain team is pleased to announce a groundbreaking new partnership with Immersve.
Ottó Blockchain
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The Ottó Blockchain delivers up to 2,000 transactions per second and was built to integrate blockchain-based services and applications on the fast and performant infrastructure of PLUGnet. With Ottó, network congestion and scalability are a thing of the past, and Ottó partners, enterprises, and developers can seamlessly connect to and interact with the next generation of compliant DeFi applications being built on PLUGnet - while also benefiting from on-chain KYC and compliance delivered by Ottó.
The partnership with Ottó is an important part of the project roadmap for Immersve, which focuses on DeFi for the metaverse, integrated Web3, and real-world payment experiences. Immersve leverages collateralized loans and borrowing that are supported by decentralized protocols to help people transact in real life and earn NFTs as rewards. The platform also brings the best of Web3 technologies to everyday spending and increases the security of user assets and identity.
One of the newest products from the Immersve team is the world's first...
