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Square ceo bullish. Through the alipay blockchain, remittances can be done at a competitive exchange rate, in real-time and with lower fees than traditional money transfer services, according to the company.
Ant financials blockchain technology backed home.
Alipay, the us60 billion financial application developed by alibaba subsidiary ant financial, is planning to implement blockchain technology for the long-term. The technology is powered by alipay part of ant financial which in march 2018 took a 45 stake in telenor microfinance for 184.
Today telenor microfinance bank announced pakistans first blockchain-based cross-border remittance service between pakistan and malaysia. Developed using alipays blockchain technology, the service reportedly allows pakistanis living in malaysia to send money home instantly and securely through telenors remittance service provider - valyou.
Alipayhk and gcash launch cross-border remittance service.
When asked by cnbc if ant financial is looking into blockchain technologies to underpin alipay, jing said definitely. Pakistan-based telenor microfinance bank, a subsidiary of norwegian telecoms multinational telenor group, has launched cross-border payments using blockchain technology from payments firm alipay.
Powered by alipays blockchain technology, the service enables pakistanis living in malaysia to send money home instantly and securely through telenors remittance service provider valyou. Xrp price share tweet.
Ant financial taps blockchain technology to offer cheaper.
A new remittance program using blockchain technology demonstrates chinas increasing enthusiasm towards the nascent tech. Alipay has applied blockchain technology to streamline the remittance process, radically improving the speed of delivery, enhancing transparency of the process and drastically reducing costs while.
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All these technologies will be used to bring more, a high level of. During the past few years, china has quickly established itself as one of the most cash-independent societies in the world.