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SoftBank veteran hunts for profits in payments infrastructure plumbing | TechCrunch

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Summary
Nutrition label

82% Informative

Distributed Technologies Research ( DTR ) is attempting to bridge the gap between traditional banking and blockchain technology.

The Swiss startup claims its technology can eliminate various payment inefficiencies, from transfer costs and interchange fees to foreign exchange conversion charges.

DTR ’s push into payments infrastructure comes at a seemingly opportune time.

Naheta sees an opening in serving businesses caught between digital nomads and emerging markets.

The payments industry’s high margins and network effects make it notoriously difficult to disrupt.

Until just a year ago , only option for businesses needing to move between crypto and traditional banking systems was to “go to like an OTC shop and pay probably like 1 to 3% to get it transferred”.

VR Score

81

Informative language

77

Neutral language

72

Article tone

informal

Language

English

Language complexity

60

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not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

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