Proofs.Money, powered by Plaid and Sign Protocol, is revolutionizing open banking by extending it with blockchain technology and announcing Unified Financial Identity.
Proofs.Money, powered by Plaid and Sign Protocol, is revolutionizing open banking by extending it with blockchain technology. This cross-domain solution bridges the gap between Fintech and blockchain, allowing users to generate unified financial reports and details that can be used in both onchain and offchain contexts.
Open banking has revolutionized the financial services sector by enhancing transparency and accessibility. The evolution has enabled the creation of convenient digital banking services, such as personalized budgeting tools, subscription management, and improved credit scoring systems. These innovations not only enrich consumer experiences but also open new avenues for business innovations.
With the real-time transactions notification enabled, Proofs.Money is able to generate onchain attestations via Sign Protocol to show the validity of certain transactions
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