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UID:10000086-1692887400-1692891000@thepaymentsassociation.org
SUMMARY:Payments Lab (Product): Is atomic settlement likely to become a reality?
DESCRIPTION:THIS EVENT IS NOW AT FULL CAPACITY\nProduct and technology managers involved in creating payments services are considering whether to include atomic settlements in their latest developments. Learn about the challenge and join the debate on what’s the right approach in a member-only virtual roundtable hosted by The Payments Association.  \nAtomic settlement\, also known as atomic swaps or atomic transactions\, refers to the process of instantly and securely exchanging one cryptocurrency for another without the need for an intermediary. While the concept of atomic settlement holds great promise for the future of decentralised finance (DeFi) and peer-to-peer transactions\, there are several factors to consider when assessing its likelihood of becoming a widespread reality. \nWhile atomic settlement holds significant potential\, it is important to acknowledge that the path to widespread implementation is not without challenges. Technological advancements\, liquidity considerations\, regulatory frameworks\, and user adoption will all play critical roles in determining the future of atomic settlement. As the cryptocurrency ecosystem continues to evolve\, it is plausible that atomic settlement could become a reality. \nPayments Lab is a virtual editorial roundtable held on Zoom\, brought to you by The Payments Association for members only. \nThe discussion will cover: \n\nTechnological Advancements: How should cross-chain communication protocols and standards be developed to support widespread adoption. If you want to make sure your product supports atomic settlement\, what should you be considering?\nLiquidity and Market Depth: How feasible are atomic settlements and is it worth integrating into your product development now or later?\nRegulatory and Legal Considerations: The regulatory landscape surrounding cryptocurrencies and decentralized exchanges is still evolving. What regulatory clarity and support is necessary for product development in this area?\nUser Adoption and Trust: For atomic settlement to gain traction\, it needs to be embraced by users and build trust within the community. How should you be protecting users from security breaches and scams while offering the best and simplest user experience?\n\n Please note that registration does not guarantee your participation. All registrants will be reviewed to ensure they are members of The Payments Association and are part of the appropriate job function to contribute to this discussion. All roundtables will be recorded\, but not published. Comments made during these sessions will be used in articles created by The Payments Association. Individuals and companies may be quoted.
URL:https://thepaymentsassociation.org/event/payments-lab-product-is-atomic-settlement-reality/
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