D+H Achieves To Apply Distributed Ledger Blockchain Technology to Its Global Payment Services Hub

115

Share with:


DH Corporation,  a leading provider of technology solutions to financial institutions globally, today announced that it has successfully integrated blockchain distributed ledger technology into its global payments services hub. D+H is now in active discussions with banks to implement this payment solution with integrated blockchain capabilities.

“This breakthrough technology further positions D+H as a leader in payments,” says Moti Porath, executive vice president, Global Pre-Sales, D+H. “D+H has made significant investments in blockchain and distributed ledger innovation, and will continue to explore new use cases and partner with players like Ripple to pursue other opportunities.”

The blockchain solution was built as an extension of D+H’s Global PAYplus solution, which helps financial institutions of all sizes manage all payment types — including high value, mass and immediate payments — and all currencies in one integrated system, domestically and across national borders.

This milestone demonstrates that D+H’s payment hub technology is adaptable to blockchain technology and can integrate this technology to meet evolving peer-to-peer client payment needs. Financial institutions using D+H’s payments hub will be able to utilize a secure, closed loop distributed ledger system to connect bank networks, move money in real-time, and improve access to liquidity. Using the solution, peer-to-peer payments can be made in real-time, benefitting from the anonymity inherent in blockchain technology to ensure security and reduce risk.

 

Founder, Publisher and Editor in Chief of Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC, Richard Kastelein is also an advisor with a number Blockchain startups doing ICOs including DECENT.ch, Inchain, Humaniq, Chronobank, eGaas and others.

He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List. As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven etc, where he helped spread the cause for Blockchain technology and crypto-currency and, consequently, has built a notable network inthe scene.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

Chronoform

Get Blockchain News Where You Are!

Join our Linked in GroupLike our Facebook Page
Linkedin Group BlockchainLinkedin Facebook Group