Concordium Partners with Wert to Streamline NFT Purchasing

Concordium, the science-based blockchain with a built-in self-sovereign ID, has announced a partnership with licensed virtual currency provider, Wert. The partnership aims to simplify the buying and selling process of NFTs and provide additional value to the products on the Concordium ecosystem. Wert, a Tallinn-based Estonian company, offers a customer-friendly payment solution for NFT marketplaces […]

Concordium
August 27, 2023

Concordium, the science-based blockchain with a built-in self-sovereign ID, has announced a partnership with licensed virtual currency provider, Wert. The partnership aims to simplify the buying and selling process of NFTs and provide additional value to the products on the Concordium ecosystem.

Wert, a Tallinn-based Estonian company, offers a customer-friendly payment solution for NFT marketplaces and DeFi apps. By enabling debit or credit card payments on smart contracts, Wert makes it easy for customers to use web3 solutions.

The partnership will introduce a top-up module that can be integrated into any web or mobile app and APIs to set up a tailored purchase flow for different users. This will enable seamless purchasing of NFTs and other DeFi products within a customizable process, available by the end of Q1 2023. The solution requires no deposits or commissions and will be accessible through an easy-to-use interface.

“Wert.io is a great catalyst for lowering the barrier for use cases and projects to gain user-adoption, both for DeFi and dApps,”
“A service like this is a great addition to the Concordium ecosystem as a fiat-on-ramp that can interact with smart contracts.”

Holger Fischer, Blockchain Solutions Analyst at Concordium.

“We’ve started an incredible journey with the Concordium team and hope to create a cutting-edge payment experience for unique blockchain consumers at Concordium,”
“This is the first partnership of this scale, and we’re looking forward to innovating together with the Concordium ecosystem.”

George Basiladze, co-founder of Wert.

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