Monetas is building software for a decentralized financial and legal system that is less dependent on traditional bankers and lawyers.
The business’ founders, Chris Odom (Fellow Traveler) and Johann Gevers aim to make this ‘financial system 2.0’ possible by developing commercial versions of the Open Transactions digital finance library. This software will allow digital finance entrepreneurs to startup micropayment services, financial markets, community currencies, escrow services, and many others all without depending on the traditional banking or legal system.
Johann, Monetas’ CEO, recently shared with me his thoughts on finance, his belief in decentralized systems and his plans for Monetas.
Monetas is a digital finance company run by Johann Gevers and “Fellow Traveler” Chris Odom, the creator of the OpenTransactions open source software. The aim of the business is to build high-end applications using the OT software, and they have just announced two new products.