☮️ Making Web3 More User-Friendly

Today's Highlights

• Making web3 friendly to onramp the next billion users
• This Week On BuzzBelow - a recap on this week's topics.
• In Other News - a few interesting developments we're tracking.

Making web3 friendly to onramp the next billion users

Ramper is building solutions to make web3 intuitive and user-friendly, removing friction preventing the adoption of web3.  As decentralized applications like DeFi, P2E games, NFTs and DAOs start to create a new wave of crypto-native use cases, more mainstream users are being onboarded onto web3.  The problem today with these applications is that users new to the crypto space are forced to take multiple steps elsewhere just to become eligible to sign up.  There is a hurdle to download the right wallet client, install its supporting browser extension, store the private key, then transfer crypto into their wallet through an exchange, which they need to create an account for separately if they have not done so easily.

Ramper is building a suite of SDK/API for developers to onramp users quickly.  This lets users login via email or other familiar login methods without the need to download wallets, install browser extensions, or store private keys.  And it also lets users convert local currency into crypto directly in-app without the need to create an account on a third-party exchange.

One of the main advantages of Ramper is that the user’s wallet is never exposed outside a secure environment.  No DApps integrating Ramper SDK/API will ever get access to user’s private keys.  The cloud-based key management solutions create multiple wallets for the same user.  But at Ramper they’ve designed a system where the private key is never exposed to DApps.  This security enhancement enables Ramper to maintain a single wallet address per user across an infinite number of DApps.

Ramper has raised a total of $3M in funding.  Sisun Lee, Hoa Mai, Karl Jin, Chris Yang are the co-founders of Ramper.

This Week on BuzzBelow

🔎 Explore Blockchain Data

The Graph allows for visualizing blockchain data with ease.

BuzzBelowSukanya Ganesh

🏥 Blockchain in Healthcare

Explaining how blockchain allows medical records to be accessed and stored in a more secure and efficient way.

BuzzBelowSrijan Bijjam

⛓ Blockchain in Supply Chain Management

How blockchain will make supply chain management easier and cheaper

BuzzBelowSrijan Bijjam

In Other News

Binance Coin Marks 2-Month High Above $300, Bitcoin Stalls at $23K

After some volatility displayed in the past 24 hours, bitcoin settled once again, at least for now, around the $23,000 mark. Most altcoins are also quite stagnant on a daily scale, but Binance Coin spiked to a multi-month high of its own above $300. BNB Above $300 Most alternative coins went through…

Tech TalkAlpha House

First Mover Americas: Bitcoin Unaffected by Bank of England’s Super-Size Interest-Rate Hike

The latest price moves in crypto markets in context for Aug. 4, 2022.

CoinDeskLyllah Ledesma and Omkar Godbole

SANGO Coin: The First Government-Backed Cryptocurrency That Is Not A CBDC | Bitcoinist.com

The SANGO Coin is the new brainchild of the Central African Republic government, which has continued to drive digital innovation and blockchain technology

Bitcoinist.comBitcoinist