EEA members focus on Marc Meyer, Crowdz Payment Director

As a member of the European Economic Area, crowd It is part of the EEA community organization dedicated to advancing Ethereum and promoting industry adoption. In the following Q&A, EEA interviewed Marc Meyer, Director of Payments, to understand how Crowdz contributes to the ecosystem to help Ethereum reach its full potential.

Please briefly introduce your company and yourself.

Crowdz is a new type of invoice financing platform dedicated to financing business growth by obtaining working capital and helping small and medium enterprises to accelerate cash flow. By connecting buyers and sellers of invoices, Crowdz does not need to wait 30, 60, or even 90 days to receive payment.

As for me, I have an engineering background and have been engaged in strategy, innovation and product development, specializing in the payment industry. I currently run payment infrastructure at Crowdz and lead our DeFi project.

What brought you to the EEA in the first place, and why did you decide to become a member of it?

We firmly believe that Ethereum will become the main platform of the global financial system, and we hope to be part of this effort. Our goal is to use our ideas to help and inspire others, and to learn from market leaders.

What is your current work on Ethereum? How will end users benefit from your work?

Crowdz currently runs on a private Ethereum node and uses it as a ledger for invoice transactions that occur on the platform. We are moving towards using NFT (ERC-721) on the public chain to track invoices on the platform and conduct transactions.

We are also building a tokenized invoice financing solution to attract more liquidity to the platform. When deploying this decentralized solution, our plan was to integrate multiple aspects of Ethereum into our platform: ERC-20 governance and reward tokens, stable coins, and ERC-721 invoice NFT.

Our core focus is to help companies get paid faster, and our upcoming tokenization solution will help us continue to do so.

Our main goal is to attract more liquidity by developing a new industry, improving efficiency and providing investors with more practicality. Therefore, investors will get good returns from the platform, and more SMEs will be able to get the cash flow they need.

How will the EEA strengthen the current work of your organization?

One thing we noticed when conducting this research is that there is a very strong DeFi community, and we hope that EEA can help us design the right standards and achieve scale.

First of all, the potential risks from EEA will greatly benefit the growth of our platform, while also bringing new opportunities for customers and investors. Reaching customers means that more small businesses can improve their cash flow, and contacting large investors means that they have more funds to actually facilitate the financing of invoices.

Secondly, we also hope to learn and exchange ideas with other companies involved in Ethereum and DeFi. The industry is developing very fast, so we hope to establish contact with as many people as possible, learn from their experience and mistakes, to improve our platform.

One aspect we have been working with other organizations is setting standards for accounts receivable that everyone can use as NFTs. This is something we might want to involve EEA, similar to how it implements EEA global standards. In this process, we hope to help the entire Ethereum community to promote dialogue, especially persuading regulators and other financial institutions to adopt Ethereum-based solutions.

What is the EEA project you are most interested in?

What excites us most about the Member Spotlight Program is the opportunity to share more background about our work, our platform and our vision.

We have already collaborated with some other blockchain and tokenomics experts in Europe, and look forward to participating in EEA interest groups to further develop relationships and explore common themes that other companies are also studying.

We also plan to become an active member of the DeFi interest group to further engage in dialogue around the role of decentralized finance and Crowdz in the larger ecosystem, and to collaborate with other companies that are ready to make a significant impact.

Finally, because the world of cryptocurrency and DeFi is constantly evolving, we know how important it is to keep up with the times. EEA’s various plans and connections in this field will help us develop our knowledge and improve our platform.

Learn more and contact the European Economic Area

EEA enables organizations to adopt and use Ethereum technology in daily business operations. We empower the Ethereum ecosystem to develop new business opportunities, promote industry adoption, and learn and collaborate. Join us and contribute to our work!

Learn more about EEA membership,sign up the latest update And contact [email protected].

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