KUALA LUMPUR, May 18 — Apifiny, a digital asset marketplace has published a new article, ‘The Next Wave of Global Settlement’, authored by Apifiny Chief Executive Officer and Founder, Haohan Xu.
The article takes an up-to-the-minute look at the current state of international payment clearing and settlement systems, calls attention to the marketplace gaps for cross-border payments and remittances and the challenges for central securities depositories, other infrastructure utilities, and some blockchain newcomers who have tried to tackle the problem.
It also explains how Roxe, a new instant settlement network built using blockchain technology, is poised to bring new levels of speed, reliability, and cost-effectiveness to cross-border payments and settlements.
In addition, the article describes how banks, enterprises, and consumers all stand to benefit from the improvements Roxe offers over legacy clearing and settlement systems, for value transfer of both traditional fiat and digital assets like cryptocurrency.
With Roxe technology, Xu shows how the financial world can take on that transformation today. He also explores the real challenges of reliance on dated clearing and settlement systems, according to a statement.
More details at www.apifiny.com.
— BERNAMA
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