The Currency Analytics
By Steven Anderson
Stellar Lumens (XLM) DSTOQ in South Africa
Stellar is a protocol built for financial applications at the end of the day. And, that is really what it is. A large part of Lumens is set to be split between enterprises.
Tyler van der Hoeven, tweeted: “Did you catch yesterday's episode with @CraigDSTOQ? It's definitely one you don't want to miss.
Sydney Ifergan, the crypto expert, tweeted: "Crazy Quotes for fund transfer between countries, and Stellar Lumens (XLM) trying to sort it with their Cross Border Payments.
Craig Mc Gregor, CEO of DSTOQ, when asked about how they arrived at the product they have stated: "We are essentially an interface for the buying and selling of security tokens…
As a company, we have been working on stellar for 3 years. It takes a long time in a business such as ours to actually get a product to the market.
As you may be able to tell from my accents, I am actually from South Africa. And, originally founded DSTOQ in South Africa in Cape Town.
I met my co-founder, an Entrepreneur from Germany down in Cape Town, to do business there. He came for some real estate business, and he was looking at quoting a model to South…
So, he was talking to his bank about how much it would cost to send money to South Africa and was just getting crazy quotes that he was super unhappy with.
I was involved in to essentially a problem that we resolved I was aware of as I was from a finance background.
If you want to make payments abroad, you are going to pay massive amounts of money. Of course, what Stellar is trying to solve, making it easier for cross border payments.