Global Mile

Global Mile

Crypto payments directly to FIAT bank account for users who don't care about crypto.

The problem Global Mile solves

More than half of the whole working force on the planet doesn't care about crypto.

These people care about getting their hard earned money in their bank accounts so that they can cash it for their daily needs, so we have a gap between the crypto assets and more thatn half of the world population.

Plus, we found a big opportunity on an unexplored industry, the shipping services.
Every day, millions of packages are delivered all over the world through last mile delivery services. The companies running this section of the value chain work with inefficient processes, due to the lack of drivers and tech.

Using blockchain technology we can solve 3 main problems of the last mile value chain.

  1. Decentralize the drivers from the companies, allowing for a bigger task force to reduce the gap between supply and demand ensuring a greater amount of daily package deliveries.
  2. Immediate payments to the drivers delivering the packages.
  3. Using HTTP Outcalls from the Internet Computer we can deliver the payments to the drivers using under thee hood deposits directly onto their bank accounts, so that they never hear the "crypto word", onboarding them with a seamless experience.

Challenges we ran into

While building, one of the main challenges was the cross cannister calls from the Internet computer to bridge ERC-20s and sign transctions from the ICP Protocol into the Ethereum EVM with the ECDSA threshold. Also another challenge we had was the HTTP Outcall to call the web 2 app and connect with the CEX API (BITSO) to make the offramp directly through our dashboard after making the swap between Crypto to FIAT currency.

Cheer Project

Cheering for a project means supporting a project you like with as little as 0.0025 ETH. Right now, you can Cheer using ETH on Arbitrum, Optimism and Base.

Discussion