UMA: Transforming cross-border payments
Nicolas Cabrera, VP of Product at Lightspark, and his fellow panelists will explore how emerging technologies like the Universal Money Address (UMA) standard transform cross-border payments The session will cover:
- What is UMA? An introduction to the Universal Money Address protocol and how it solves real challenges when moving money
- Cross-Border Payments: How UMA enhances the experience of sending and receiving fiat and crypto across borders, improving accessibility, reducing fees, and eliminating friction in global transactions.
- Adoption and Scalability: Insights into how UMA can drive the adoption of Bitcoin as a universal payment network, with a particular focus on Africa’s rapidly growing Bitcoin ecosystem.
- Real-World Applications: Examples of how UMA can be implemented in everyday transactions and its potential for businesses, charities, and individuals on the continent.
