Sentences with phrase «based money transfer system»
While he doesn't like calling it a «pivot,» Wyre CEO Michael Dunworth revealed the evolutionary process of turning bitcoin payment processor Snapcard into a blockchain - based money transfer system on the most recent episode of the Boost VC Podcast with Adam Draper.
https://bitcoinmagazine.com/
The additional duties of the self - regulatory organization (SRO) will also include the development of proof of concept (PoC) for DLT - based money transfer system among the banks.
Not exact matches
The bank might have a different bloc chain - based system in place for transferring loan information and another for moving money.
An entertaining but unnecessary solution to a problem that will never come about, from a study apparently based on a flawed premise: «None of the existing payment systems we use on Earth — like cash, credit or debit cards — could be used in space...» What about computerised electronic transfers of money?
You can keep your money within the superannuation system and transfer it from an accumulation fund to an account - based pension.
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The system is built on India's Unified Payments Interface (UPI), which is basically a way for banks to transfer money to one another directly and instantly, based on a single identifier, thus bypassing the need for a billing processor.
Additionally, the costs of these blockchain - based money transfers tend to be significantly lower than traditional systems.