This article provides a detailed explanation of Pi Network, which is attracting attention in the world of digital currency, focusing on its prospects after the mainnet launch and the possibility of linkage with fiat currency.
Integration with Financial Systems through ISO20022 Compliance
Pi Network complies with ISO20022, an international financial messaging standard. This enables seamless integration with traditional financial institutions, allowing for safer and more efficient transactions.
Possibility of Exchanging Pi Coin for Fiat Currency
After the mainnet launch, it may be possible to exchange Pi Coin for fiat currency through the following methods:
- Trading on cryptocurrency exchanges
- Exchange via Bitcoin or Ethereum
- Direct exchange through linkage with CBDC
Regulatory Compliance
Pi Network has indicated its policy to comply with regulations in each country and is promoting cooperation with financial institutions. Further integration is expected in line with the planned introduction of CBDC by 2025.
Future Prospects
To establish its position as a global payment system, Pi Network is advancing the following initiatives:
- Improving interoperability between blockchains
- Integration with Web3 technology
- Improving the efficiency of payment systems
Summary
Pi Network is advancing its development with a focus on integration with traditional financial systems through ISO20022 compliance and linkage with CBDC. This is expected to build a new financial ecosystem that transcends the boundaries between digital currency and fiat currency.