Universal Money Address

Just like email, but for money

122 followers

Just like email, but for money

122 followers

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Defi

UMA uses the Bitcoin Lightning Network for fast, low-cost, and efficient payments. Like SMTP, UMA enables a user experience that allows people to reliably send and receive money 24/7 in the currency they choose.

Free

Launch tags:Payments•Money•Web3

Launch Team

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OpenRep

Universal Money Address (UMA) is redefining the way we perceive money transactions! Leveraging the Bitcoin Lightning Network for fast and efficient payments, UMA's approach to enabling a seamless user experience is truly innovative. Excited to see how it simplifies cross-currency payments. Kudos to the UMA team for this groundbreaking solution!

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3yr ago

WhereWeMet.Org

Why this instead of Zelle?

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3yr ago

@lee_fischman Fair question. Lightning fees negligible, settles almost instantly. Zelle is US only, I believe. LN is global accessible to all. Not sure about limits imposed by this UMA implementation. LN's decentralization promises to avoid hacked banks or central financial institutions which are a honeypot of customer information.

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3yr ago