E-commerce payments and ID platform, Nuggets has been backed by the Department for International Trade, the Mayor of London and the City of London, resulting in the company being invited on two major trade visits to China. The solution stores personal and payment data securely in the blockchain, so users can make e-commerce payments and other transactions without having to share personal data.
Nuggets is benefitting from the UK Government’s declaration of a new era in UK-China relations and the potential of the ‘fintech bridge’ agreed between the two countries in 2016. Underpinned by an agreement with the UK Financial Conduct Authority (FCA), the bridge aims to strengthen regulatory co-operation and create opportunities for fintech start-ups in both markets.
