AW
Alexander Wilke is co-founder of Pendulum, a DeFi platform for Forex trading. The platform aims to bring transparency, speed improvements, and cost reduction to blockchain-based foreign exchange trading.
1Interview
2023First on the show
Feb 2023Latest appearance
24 minOn camera
23:32
Latest interview · Feb 4, 2023Pendulum launching forex trading on DeFi in February 2023Watch the episode →
In their own words
“If the smart contract runs in these runtime pallets they run up to 100 times faster than a normal smart contract on chain.”
Key points from the latest interview
- Pendulum is building a decentralized Forex infrastructure blockchain to provide businesses equal access to exchange rates traditionally available only to banks.
- The platform bridges over 15+ stablecoins from the Stellar blockchain using a trustless bridge called Spacewalk to enable multi-currency Forex trading.
- Smart contracts running as runtime pallets on Pendulum execute up to 100 times faster than standard on-chain smart contracts, improving builder efficiency.
- Pendulum addresses three key problems in traditional Forex: transaction speed, cost reduction, and transparency through immutable public blockchain settlement.
- Stablecoin issuers serve dual roles as on and off-ramp providers, enabling direct fiat conversion with prototype testing showing three-minute cross-border transfers.