A Better Payment System, Decentralized.
We are thrilled to announce that Embr Labs is now a member of the Glo Consortium. At Embr Labs, our mission revolves around building the payments infrastructure for the next generation of the internet. As a technology-driven entity, we recognize the power and responsibility we have to contribute to broader societal endeavors. Partnering with the Glo Consortium represents a significant intersection where our technological expertise can aid in Glo’s noble mission to eradicate extreme poverty.
The Glo Consortium, steered by the Glo Foundation, employs the Glo Dollar (USDGLO), a unique stablecoin, to facilitate a Universal Basic Income (UBI) to individuals in impoverished regions. This initiative stands as a direct response to extreme poverty, aiming to provide a sustainable relief to communities in dire need.
Our past interaction with Glo sheds light on the potential of intertwining technology with poverty alleviation efforts. The insights gained paved the way for this current collaboration, where we are eager to provide our technology to support the Glo Consortium’s goals.
Entering this partnership, we are motivated by the impact our technology can make when aligned with the right cause. The provision of UBI through the Glo Dollar, facilitated by a robust payments infrastructure, can make a substantial difference in the lives of individuals facing the harsh realities of poverty.
The journey ahead, though tasking, is promising. The collaborative efforts between Embr Labs and the Glo Consortium embody a shared aspiration to leverage technology for meaningful societal impact. This partnership illustrates our willingness to engage in projects that resonate with our core values and have a significant positive impact.
The initiative of providing a UBI through the Glo Dollar showcases how a stablecoin can play a pivotal role in addressing extreme poverty. This venture aims to deliver a lasting solution to those in desperate need.
We invite everyone to delve deeper into this partnership, learn more about the Glo Consortium, explore Embr Labs’ projects, and find out how you can contribute to this significant cause. Together, we can push the boundaries of what’s possible when technology and noble missions intersect.
Governed by a global community, Mattr One represents a paradigm shift for Web3 payments.