DIA Insights
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DIA Insights

Partnership with PlasmaPay

We are delighted to announce a partnership with PlasmaPay. DIA will provide transparent data feeds to power PlasmaPay’s digital payments DApp and on/off ramp services for the mass consumer market.

PlasmaPay is an all in one DeFi platform aggregator and management interface that includes a global cryptocurrency wallet and digital payments DApp (decentralized application) which provides fiat on/off ramp services for a range of investors. Individuals and businesses can use the PlasmaFinance Dashboard by PlasmaPay as a one stop shop to manage their interactions with DeFi protocols. PlasmaPay will integrate with AAVE, Uniswap (UNI), yearn.finance (YFI), Compound (COMP), Synthetix (SNX), Ren Protocol, Balancer (BAL), SushiSwap (SUSHI), Cream Finance, Ampleforth (AMPL), Bancor and many more.

While the DeFi ecosystem is growing at staggering rates, accessibility is still an issue and this is what PlasmaPay addresses. Built on their own public blockchain called the Plasma DLT, PlasmaPay aims to be the missing link that connects the underbanked and unbanked population with the DeFi ecosystem to provide them financial services without banks. PlasmaPay’s goal is to create an access gateway in order to include the underbanked in the financial services ecosystem.

Ilia Maksimenka, CEO of PlasmaPay says: “We areexcited to work with DIA. It is an innovative and trusted data provider. Its efforts will be put to a good use for improving Plasma’s own service. Having a reliable source of data is crucial for decentralized finance, and you can never have too much information in this industry.”

DIA’s co-founder, Michael Weber, says, “We are pleased to be able to fuel the PlasmaPay dApp with transparent data feeds. Providing access gateways for underbanked target groups is an important step forward in the development of this ecosystem and we are happy to support this with reliable and auditable data.”

About DIA

DIA (Decentralised Information Asset) is an open-source, financial information platform that utilises crypto economic incentives to source and validate data. Market actors can supply, share, and use financial and digital asset data.



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