In 2022, Obi Nwosu had a vision to empower disenfranchised communities worldwide with technology that could help them more easily custody and use their bitcoin. As of August 6, 2024, that vision became a reality when Fedi launched its superapp, which is much more than just a platform for money management.
As seen in “The Withdrawal Issue”, Cashu allows the use of ecash on Bitcoin, empowering ordinary users to operate a mint that is connected to the Lightning Network.
Fedi raised $4 million to accelerate the development of the Fedimint protocol and its companion app Fedi — tools that can improve and scale bitcoin custody.
Bitcoin 2022 held a fireside conversation about Federated Chaumian Mints, which the panelists argued could play a big role in the future of Bitcoin privacy.
