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BlockchainNZ Pod E04 with Jit Maharaj

Jit Maharaj is a former commercial pilot turned crypto co-founder of Pay it Now, a payments network that uses a custom layer 2 built on the Binance smart chain (now BNB) that makes it easy for merchants and businesses to accept cryptocurrency payments. Jit is also a long time web developer, an Ethereum miner, and a Solana critic. 

In this conversation we talk about:  Payments networks and providers, Building on the Binance smart chain Customer rewards programs and creating a token Regulation in the crypto space in New Zealand $20k bitcoin, and being a pilot.

00:00 what is PayItNow?
03:25 fixing gas fees
08:42 what’s a layer 2?
12:20 how does a merchant onboard?
16:46 on bridging tokens
18:37 why token? (&safemoon)
24:00 competition with bitpay/stripe/shopify/solana
29:19 regulation in NZ crypto
34:13 $20k bitcoin? and market activity
38:50 cofounder story flying 737s
43:30 BCNZ in the industry
44:20 rapid fire

Some notes from the show:
Pay it Now
BNB Smart Chain
Matic & Polygon
Solend debacle
Harmony bridge hack
Indian crypto regulation
USDD lost its peg similar to UST
the last bitcoin
Hal Finney (the GOAT)

Contact Jit:
Pay it Now

Find Jeff:

Find the BCNZ Pod:

Media & Sponsorship Enquires:

Recorded at blockheight 742914.

BlockchainNZ We provide New Zealand businesses and individuals opportunities for connecting, promoting and advancing in all things blockchain, crypto and decentralisation. We believe that by working together and leveraging our globally recognised brand of trust and integrity, New Zealand can become a key player in the move to a decentralised global ecosystem.