Fintech entrepreneur Ozan Ozerk was on stage at the Web3 Open Payment Summit 2024, which took place in Dubai on April 21st. Experts, scholars, and entrepreneurs worldwide in the blockchain space joined the event to explore the latest developments and trends in Web3. Klickl founder Michael Zhao hosted the event, which allowed its attendees to engage in discussions with industry leaders and cast a net into the future of the digital landscape.
Ozan Ozerk was joined on stage by Hoppacard CEO Igor Lavrih, TransFi CEO Raj Kamal, Kun’s chief advisor Chen Yu, VaultsPay CEO Ahmed El Refaei, and Chainge CEO Dejun Qian on the “Innovations in Crypto Payments: Beyond Transactions” session.
Dr Ozerk is the founder of several financial institutions, including global banking-as-a-service provider Openpayd, API-first European Merchant Bank (EMBank), and Ozan Electronic Money (Ozan.com), Turkey’s fastest-growing B2B2C payment service provider.
On the panel, Ozan Ozerk shared his vision of how Web3 technology and traditional finance represent an opportunity to reshape the payment landscape through a fresh approach to local and international payments and product innovation. From his point of view, digital currencies are essential in cross-border transactions where speed and cost often are significant barriers.
They have indeed seen an increased adaptation of digital currency payments by businesses across many countries and industries in the past few years. Compared to traditional payment methods, digital currency payments are typically processed much faster and often have significantly lower transaction costs, especially for international payments, where traditional methods can be slow and costly. The growing number of regulated financial institutions that adopt digital currencies means that more businesses and individuals will benefit from digital currency payments.
Dr Ozan Ozerk’s businesses are definitely not on-lookers to these developments. Openpayd has been setting the bar for how traditional financial institutions can enable regulated companies in the Web3 space to seamlessly access traditional payment rails, often a critical hurdle for companies in the regulated blockchain space. Similarly, EMBank’s API-first technology is playing a growing role for regulated Web3 companies looking for their mandatory safeguarding account.
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Company Name: OZAN Electronic Money Institution
Contact Person: Gizem Lalli
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Country: Turkey
Website: https://www.ozan.com/
