BlockchainFinancial ServicesPaymentSettlements

Netki and Bitt Bring Blockchain Solutions to Caribbean

Netki, a provider of Open Source and Open Standards compliance solutions for blockchains, has announced the first production platform for Central Banks using its Digital Identity Service. Bitt, an architect of blockchain and distributed ledger based technology infrastructure for interbank transactions and cash digitization systems for central banks, and Netki provide the solution through a blockchain based central bank digital currency issuance that has the potential to modernize the financial system of the region, hopefully heralding the establishment of a stronger payment and settlement framework with greater levels of economic growth.

CEO of Bitt, Gabriel Abed stated: “Bitt joined forces with Netki as part of our ongoing initiative to bolster compliance efforts and provide an effective means for all people, including underbanked individuals to engage in the global economy through digital payments that are low cost, secure, easy to use and highly efficient,”

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
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