Blockchain
Ankr has partnered with TransFi to integrate fiat onramp/offramp solutions into its AppChains product, aiming to simplify the user experience and attract millions of potential new users to enterprise and Web3 apps. With Ankr’s AppChains, any enterprise or Web3 project can now launch its own fully customizable blockchain, offering improved scalability and user experience. TransFi’s integration further improves the user experience by removing friction in the consumer onboarding process of the apps built on it.
Kev Silk, Product Manager Ankr AppChains, said: “By integrating with TransFi, we are unlocking a wealth of new value for the AppChains product, equipping our customers with a powerful feature within their dApp/company that can leverage the non-crypto- experienced will attract user base. With seamless fiat onramp/offramps, Ankr AppChains will enable our customers to build in a way that removes the barriers to entry that have hindered the widespread adoption of Web3, enabling a smooth transition for new blockchain users, resulting in a steady, consistent adoption of crypto over time.”
Streamline the Web3 application experience
Through the partnership with TransFi, Ankr has made an optional feature available to all AppChain projects that can improve the Web3 application experience. With the fiat onramp, users of the Web3 app can now easily convert traditional fiat currencies, such as US dollars, euros and yen, into cryptocurrency and vice versa. This eliminates the need to buy tokens on an exchange and potentially transfer them multiple times, streamlining the onboarding process for users.
In addition to the scalability and UX improvements provided by AppChains, the fiat onramp/offramp feature further simplifies the experience of using Web3 apps, making it as easy as using a conventional website or mobile app. This is especially important for enterprises looking to attract customers from a non-Web3 background, as simpler Web3 experiences have been identified as a key factor in winning over these demographics.
Ankr AppChain customers will benefit greatly from the new solution, including increased ROI, improved token liquidity, improved customer conversion rates, and the ability to attract millions of potential users who are unfamiliar with Web3 experiences. The TransFi feature also offers end-users numerous benefits, such as time and cost savings on transactions and exchange fees.
Ankr acts as a comprehensive Web3 developer hub, providing a complete set of tools for building Web3 apps and leveraging high-performance connections to over 30 blockchains. As an approved infrastructure partner for developing application-specific blockchains on ecosystems such as BNB Smart Chain, Polygon, and Avalanche, Ankr simplifies blockchain development for a wide variety of use cases. Ankr enables project teams to create fully customized blockchain solutions through its AppChains offering, which includes everything from validators, RPC nodes, block explorers, testnets, staking platforms, and more to meet all infrastructure and technical requirements. to fulfil.