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Frictionless

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DeFi custody platform enabling secure cryptocurrency transfers via smart contracts.

Overview

Frictionless operates in the decentralized finance (DeFi) sector, focusing on custody solutions for cryptocurrency transfers. The platform aims to facilitate secure and efficient transactions through smart contracts, which are intended to address the limitations of traditional fundraising methods. It targets cryptocurrency users by offering a decentralized over-the-counter (OTC) and peer-to-peer (P2P) solution designed to minimize negative price impacts and stabilize asset prices. The Frictionless token (FRIC) is utilized to provide access to services and secure on-chain transfers. The company seeks to enhance the security and efficiency of cryptocurrency ownership and transfer processes by leveraging expert knowledge and forming strategic partnerships.

Key facts

Founded
2022

Business model

Contact

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About Frictionless

What does Frictionless do?

Frictionless operates in the decentralized finance (DeFi) sector, focusing on custody solutions for cryptocurrency transfers.

Where is Frictionless headquartered?

Frictionless is headquartered in Dubai, United Arab Emirates.

When was Frictionless founded?

Frictionless was founded in 2022.

Which sector is Frictionless in?

Frictionless operates in Decentralized Finance, part of Financial Technology.

Who are Frictionless's competitors?

Companies similar to Frictionless include BitsiBitsi, Oryy, and Keypom.