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World Liberty Financial plans payments tech rollout for Web2 companies, co-founder says

World Liberty Financial plans to roll out payments technology to major Web2 companies to pay drivers, contractors, and creators, co-founder Zak Folkman said at Token2049.

Zak Folkman seated on stage during a panel at Token2049.
Image: @CoinGapeMedia

World Liberty Financial co-founder Zak Folkman announced at the Token2049 conference that the venture plans to roll out its payments technology to major Web2 companies, according to reports from Cointelegraph and CoinGape. Folkman stated that the target platforms have billions of users and that the system would be used to pay drivers, contractors, and creators, though the specific companies were not named.[2][3]

Crypto Briefing reported that the planned expansion into Web2 payments is aimed at improving efficiency and cutting costs, potentially modernizing traditional financial systems.[1]

Key facts

  • World Liberty Financial co-founder Zak Folkman announced plans to roll out payments technology to Web2 companies during Token2049.
  • Folkman said the target Web2 companies have billions of users, though he did not name them.
  • The payments technology is intended to pay drivers, contractors, and creators.
  • Crypto Briefing reported that the payments rollout could enhance efficiency and reduce costs across traditional financial systems.

Sources 路 3 sources

  1. CB

    Crypto BriefingArticle 路

    World Liberty Financial plans payments tech rollout for Web2 firms World Liberty Financial's expansion into Web2 payments could revolutionize traditional financial systems, enhancing efficiency and reducing costs. The post World Liberty Financial plans payments tech rollout for Web2 firms appeared first on Crypto Briefing .

    Open source
  2. CO

    CoinGape@CoinGapeMediaPost on X 路

    馃嚫馃嚞 TOKEN2049: @worldlibertyfi co-founder @zakfolkman reportedly says World Liberty Financial plans to bring its payments technology to major Web2 companies with billions of users, enabling payments to drivers, contractors and creators. https://t.co/NyQFdNMxUu

    Open source
  3. CO

    Cointelegraph@CointelegraphPost on X 路

    馃嚫馃嚞 TOKEN2049: World Liberty Financial co-founder Zak Folkman says WLFI is planning to roll out its payments tech to unnamed Web2 companies "that have billions of users" to pay drivers, contractors and creators. https://t.co/aaKsbuu9qo

    Open source