The problem Globalgear solves
#GlobalGear addresses several critical issues in e-commerce and financial inclusion:
- Enables global commerce for the unbanked/underbanked population who lack traditional banking access
- Eliminates high cross-border transaction fees and currency conversion costs
- Reduces payment processing time from days to minutes
- Provides a secure, transparent payment system without requiring credit cards or bank accounts
- Enables merchants in developing regions to accept global payments without complex banking infrastructure
Challenges I ran into
Implementing MPC wallet and transaction signing was the big challenge. MPC transaction signing won't work on hosted URL, can be tested only your local setup