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Oobit Launches a Revolutionary Crypto Payment Application for Mobile Users

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Singapore, Singapore–(Newsfile Corp. – April 26, 2022) – Oobit Technologies Pte. Ltd or “the Company”, a financial services and blockchain technology provider, is pleased to announce the launch of the Oobit application for mobile users on iOS and Android. Oobit’s groundbreaking payment application is designed to promote the mainstream adoption of cryptocurrency payments for everyday transactions by individuals and businesses alike. Users can now pay and get paid in cryptocurrency with zero networking or gas fees worldwide, as well as rapidly convert fiat to crypto using built-in on- and off-ramps.

Oobit’s innovative payment service can be distinguished from its peers in a number of key respects that include:

No transaction/network/gas fees to send any crypto asset on the OBN network.

  • Rapid execution of transactions in 1-3 seconds.
  • Micropayment compatibility (>$0.01) makes Oobit a viable option for anyone and any type of payment.
  • Seamless cross-border payments that guarantee the privacy of a user’s account activity and transaction history.
  • Equal accessibility for individuals and businesses that makes Oobit an all-encompassing B2B2C payment solution.
  • Payments are made directly to a mobile number or your phone’s contacts rather than a wallet address, in order to prevent lost transactions or confusion over cross-chain operability.

Oobit was founded in 2017 and today maintains a robust international footprint with its headquarters in Singapore, thought leadership in Israel, and a licensed office in Estonia to facilitate operations in the European Union. The launch of the Oobit app enshrines the company’s core objective of promoting crypto accessibility for everyday utility. The application supports over 40 different cryptocurrencies, and users have the option to buy crypto assets directly via credit card or bank transfer. They can also track transactions in real-time and have access to Oobit’s 24/7 customer support service in order to ensure reliability around the clock.

Oobit for Businesses is the enterprise module of the application that provides a simple and efficient payment solution for participating companies of any size to pay and get paid in crypto by customers and vendors alike. Other features of Oobit for Businesses include the ability to generate transaction invoices for bookkeeping and taxation purposes, as well as the option to open customizable business profiles that Oobit community members can access via mobile number or QR-code to perform quick and easy transactions on the go.

The Oobit mobile application ensures robust security, insurance/centralization, and KYC/AML compliance for assets through a number of strategic partnerships. The application provides users with state-of-the-art secure storage of assets through its partner GK8’s proprietary MPC wallet technology. All transactions are insured and centralized by Aon, and KYC services are provided by Sumsub for a fast and user-friendly onboarding process. Lastly, Elliptic’s chain analysis services ensure regulatory compliance that guarantee Oobit’s viability for use by a diverse clientele that ranges from individual consumers to small businesses and large enterprises.

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Aharon Miller, co-founder and COO commented on the launch of the Company’s new mobile application: “At Oobit we spend considerable time thinking about the evolution of the global financial system, who will be the next generation of consumers over the coming decade, and what needs and preferences they will voice. Over two billion people in the world today are financially underserved, and in an age of digital assets they lack a basic platform to move funds simply, quickly, and in a cost-effective manner.”

“Oobit’s solution was to create a crypto payment app designed for total compatibility with the world of digital assets that places a premium on mobility and connectivity. Our app’s launch symbolizes our commitment to building a new generation of services in which managing and moving funds is not simply a privilege of the few, but a basic right for people and businesses worldwide.”

About Oobit

Oobit was established in 2017 with a simple aim: to increase cryptocurrency adoption in everyday life. To this end, Oobit stands at the forefront of financial services and blockchain innovation in its mission to provide an agile and user-friendly payment solution for anyone who needs to pay or get paid in crypto today. The Oobit mobile application is a core element of the broader Oobit ecosystem that includes built-in capabilities for purchasing crypto assets, cash management services, and access to a growing community of Oobit-paying individuals and businesses.

For more information please visit: www.oobit.com

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Contact:
Moran Signer
[email protected]
+65 8819 1139

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121719

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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Veriff and Legitify Partner to Streamline Cross-Border Digital Notarisation

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Rakovina Strengthens Board with Appointments of Yevgeniy Meshcherekov and David Kideckel

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Blocks & Headlines: Today in Blockchain – April 29, 2025 | Deloitte, TRON DAO, Miden, JPMorgan, Nuvve

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The blockchain and cryptocurrency ecosystem is evolving at breakneck speed, with tokenization, Layer 2 innovations, institutional partnerships, and emerging venture plays dominating today’s headlines. In this op-ed–style briefing—April 29, 2025—we unpack five major stories that signal where Web3, DeFi, and NFTs are headed:

  1. Deloitte’s $4 trillion tokenized real estate forecast

  2. TRON DAO’s support for emerging talent at Harvard Blockchain Conference

  3. Miden’s $25 million raise to scale a zero-knowledge blockchain

  4. JPMorgan and Nacha’s blockchain-enabled ACH validation

  5. Nuvve’s new subsidiary for cryptocurrency and blockchain ventures

Each section delivers concise news coverage, incisive analysis, and opinion-driven insights into the strategic and technological implications. Throughout, we weave in essential keywords—blockchain, cryptocurrency, Web3, DeFi, NFTs—to ensure SEO optimization and relevance for digital audiences.


1. Deloitte Predicts $4 Trillion Tokenized Real-Estate Market by 2035

Summary:
In a landmark report released April 28, consulting giant Deloitte projects that the tokenized real-estate market could swell to $4 trillion by 2035. The forecast hinges on rapid adoption of security tokens that fractionalize property ownership, enabling global investors to trade real-estate assets 24/7 on blockchain platforms. Deloitte identifies five key enablers: regulatory clarity, standardized token protocols, interoperability layers, institutional-grade custody services, and liquid secondary markets. Adoption drivers include enhanced liquidity, democratized access for retail investors, and lower transaction costs via smart contracts.

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Analysis & Opinion:
Tokenization stands at the confluence of DeFi and traditional finance, promising to unlock trillions in illiquid assets. Yet realizing a $4 trillion market requires overcoming persistent hurdles: cross-border regulatory alignment, KYC/AML compliance on decentralized platforms, and robust digital-asset custodianship. Real-estate incumbents should prioritize pilot programs in regulated jurisdictions—such as Switzerland’s FINMA sandbox—to build trust and test token standards like ERC-3643 or the upcoming ISO TC 307 specifications. Meanwhile, DeFi protocols must integrate real-world asset oracles with high-assurance data feeds to prevent valuation discrepancies. As major asset managers—BlackRock, Fidelity—eye tokenization pilots, blockchain platforms offering modular compliance and seamless fiat on-ramps will emerge as market leaders.
Source: Bitcoin.com News


2. TRON DAO Empowers Emerging Talent at Harvard Blockchain Conference 2025

Summary:
TRON DAO reaffirmed its commitment to education and Web3 innovation by sponsoring the Harvard Blockchain Conference 2025 on April 26–27. The foundation underwrote travel grants, speaker honoraria, and hackathon prizes to support students and researchers exploring DeFi, NFT interoperability, and decentralized governance. TRON representatives—including CTO Michael Kong—led deep-dive sessions on TRON’s latest EVM-compatible upgrades, zero-fee transactions, and cross-chain bridges powered by the Sun Network. Award winners gained access to the TRON Accelerator program, offering mentorship, developer grants, and potential seed funding.

Analysis & Opinion:
Educational sponsorship is a strategic play for protocols seeking long-term developer mindshare. By investing in Harvard’s brightest, TRON DAO not only promotes its Layer 1 ecosystem but also fosters innovations that could address TRON’s scalability, security, and decentralization trade-offs. However, high-profile academically oriented conferences risk echo-chamber effects unless participation spans beyond marquee institutions. TRON would benefit from parallel outreach to Historically Black Colleges and Universities (HBCUs) and community colleges to diversify its developer pipeline. In the battle for EVM-compatible supremacy, protocols that nurture broad, inclusive communities will secure resilience and real-world network effects.
Source: Bitcoin.com News


3. Miden Raises $25 Million to Scale a ZK Blockchain Post-Polygon Spin-out

Summary:
Miden, the zero-knowledge (ZK) proof–based Layer 2 protocol spun out of Polygon in late 2024, has secured a $25 million Series A led by a16z Crypto and Electric Capital. The round also saw participation from Placeholder, Pantera, and Circle Ventures. Miden’s core innovation lies in its bespoke STARK-based prover that enables trustless off-chain transaction batching and on-chain proof verification. Unlike SNARK-focused rollups, Miden eschews trusted setups and prioritizes transparency while targeting throughputs of 4,000+ TPS. The funds will scale Miden’s developer ecosystem, strengthen its modular data availability layer, and accelerate mainnet launch slated for Q4 2025.

Analysis & Opinion:
The ZK-rollup wars are intensifying as projects differentiate on security assumptions, throughput, and developer experience. Miden’s STARK-centric architecture addresses growing community concerns over SNARK trusted setups and prover centralization. However, achieving 4,000 TPS in production demands optimizations at both protocol and EVM-compatibility layers. Miden must also articulate clear interoperability roadmaps with Ethereum, Cosmos, and the OP Stack to attract DApp teams wary of liquidity fragmentation. The $25 million war chest affords aggressive grant programs and bug bounties—critical to securing audit-hardened code—but community trust will hinge on transparent security reports and gradual mainnet roll-out through incentivized testnets.
Source: Cointelegraph

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4. JPMorgan Partners with Nacha for Blockchain-Backed ACH Account Validation

Summary:
In a first for the traditional banking sector, JPMorgan Chase announced on April 27 a strategic alliance with Nacha, the U.S. ACH network operator, to pilot a blockchain-enabled account validation service. Utilizing a private permissioned ledger based on Hyperledger Fabric, the initiative aims to streamline ACH origination by verifying account ownership in real time, thereby reducing failed transactions and fraud. Pilot participants—including fintechs, regional banks, and corporate treasuries—can request instant validation tokens on ledgers, with JPMorgan acting as the initial node operator and Nacha providing rule governance. The project targets a 50% reduction in ACH settlement delays and a projected $300 million annual saving in transaction costs.

Analysis & Opinion:
Legacy payment rails face mounting pressure from DeFi protocols offering near-instant, low-fee transfers. JPMorgan’s move to integrate blockchain into ACH validation is a pre-emptive strike to modernize the Automated Clearing House network from within. Success will depend on achieving network effects—convincing enough U.S. financial institutions to run nodes and accept blockchain-issued trust tokens. Clear regulatory guidance from the Federal Reserve and CFPB on ledger governance will be essential. Should this pilot prove scalable, it could catalyze broader on-chain rails for corporate payments, payroll, and supply-chain finance, bridging Web2 and Web3 infrastructures.
Source: Ledger Insights


5. Nuvve Launches New Subsidiary to Capitalize on Cryptocurrency and Blockchain Opportunities

Summary:
Electric-vehicle charging network operator Nuvve has formed Nuvve Blockchain Ventures—a dedicated subsidiary focused on integrating cryptocurrency, distributed-energy resources (DERs), and tokenization into grid services. Announced April 28 via Business Wire, the new entity will explore utility partnerships for vehicle-to-grid (V2G) settlement in stablecoins, energy-asset tokenization for peer-to-peer trading, and use of NFTs to represent renewable-energy credits (RECs). Nuvve Blockchain Ventures has already secured MoUs with three major U.S. utilities and plans a Q3 pilot using a Polygon-based sidechain for meter-to-meter settlement.

Analysis & Opinion:
Nuvve’s leap into blockchain underscores the cross-industry potential of tokenization and DeFi primitives. By transacting energy services in stablecoins, Nuvve can reduce cross-border FX risk for EV fleets and unlock micro-grid autonomy. However, real-world energy markets demand high-availability, low-latency settlement—areas where existing Layer 1s and busy sidechains may falter. The choice of Polygon sidechain offers low fees and Ethereum security but may require roll-up bridges to settle larger energy-credit batches on Ethereum mainnet. Regulatory clarity on energy tokens as securities or commodities will also shape adoption. If Nuvve succeeds, utilities could adopt blockchain for everything from demand-response auctions to carbon-credit trading, accelerating the energy-Web3 nexus.
Source: Business Wire


Key Trends & Takeaways

  1. Mass Tokenization Looms: Deloitte’s $4 trillion forecast cements tokenized real estate as a flagship use case for security tokens—but success depends on regulatory harmonization and liquid secondary markets.

  2. Developer & Community Investment: TRON DAO’s Harvard sponsorship—and Miden’s sizable Series A—highlight how ecosystems compete for developer mindshare and project credibility through grants and educational outreach.

  3. ZK-Rollup Differentiation: The STARK-based approach of Miden contrasts with SNARK-dependent rollups, reflecting a market that prizes transparency and security assumptions in scaling Ethereum.

  4. Institutional Blockchain Adoption: JPMorgan and Nacha’s ACH pilot exemplifies how incumbent financial networks are cautiously integrating ledger technology to modernize legacy rails.

  5. Cross-Sector Tokenization: Nuvve’s energy-sector plunge illustrates the growing appetite for tokenized assets—from real estate to renewable credits—signaling Web3’s expansion into critical infrastructure.


Conclusion
Today’s headlines reveal a blockchain industry at full throttle: tokenization is broadening beyond finance into real-world assets; zero-knowledge solutions vie for Layer 2 dominance; consortiums of banks pilot private ledgers; and even EV-charging networks are exploring on-chain settlements. As DeFi, NFTs, and Web3 architectures mature, the winners will be platforms that balance regulatory compliance, technological robustness, and community engagement. Stay tuned to Blocks & Headlines for tomorrow’s deep dive into the innovations redefining decentralized networks.

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