THELOGICALINDIAN - The apple of accounts and cyberbanking is evolving at a slower clip than a lot of bodies would like Not that this should appear as a abruptness as fifty years of comatose on acclaim has been the antecedent of little to no addition However a accurately adjustable cyberbanking belvedere for both consumers and merchants has been developed and agenda Euros ability accomplish an actualization anon aural the EU cyberbanking arrangement
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Safe Cash Payment Technologies Partners With CleverCoin To Create Digital Euro
In a hasty about-face of events, Safe Cash Payment Technologies, Inc. has appear a affiliation with CleverCoin. The name CleverCoin ability arena a alarm for some readers, as this Dutch Bitcoin barter has become absolutely accepted in contempo times. That actuality said, CleverCoin is not aloof alive in the Bitcoin world, as the aggregation wants to advice appearance the banking arrangement of tomorrow by any agency necessary.
Partnering with Safe Cash Acquittal Technologies is an absorbing development, as the ambition is to actualize new burning acquittal functionality to consumers with the EU. Using CleverCoin’s API to accommodate with Lemon Way’s adaptable acquittal solutions will actualize an absorbing amalgam band-aid that brings the agenda Euro into the EU cyberbanking system.
Note from the Author: Lemon Way is the adaptable acquittal band-aid developed by BNP Paribas Fortis. Safe.cash acts as a new acquittal functionality to accompaniment Lemon Way.
Starting in Q1 of 2024, both businesses and consumers can catechumen Euros into agenda cash. Safe.Cash, as this new belvedere will be called, respects aloofness of all parties complex while application the accepted accepting of banknote euros. The absolute action will account from the agenda portability and aegis associated with cryptocurrency.
Safe.Cash architect Chris Kitze explained:
As you would appear to apprehend from the Safe.Cash service, every badge issued on the belvedere is backed by the identical amount in Europe. By partnering with banks and utilizing agenda wallets with end-to-end encryption, Safe.Cash will be accessible on assorted adaptable platforms, including iOS and Android. Consumers can absorb the agenda Euro tokens, aloof like they would absorb cash, and alike bandy these tokens for bounded bill if needed.
To accomplish the absolute action as automated as possible, Safe.Cash will accommodate burning and affirmed funds at all times. Converting Euros to added bounded currencies in Europe will become a lot easier already these agenda Euro tokens are introduced. Last but not least, this absolute affiliation is adjustable with European cyberbanking regulations.
No Affiliation With Bitcoin
While some readers ability be aghast to apprehend Safe.Cash has annihilation to do with Bitcoin at all; it is a absolute trend to see the basal technology accomplish it to the acceptable banking sector. Just a few years ago, no one would accept anytime advised application agenda Euro tokens based on Bitcoin’s basal technology, yet as of Q1 2016, that will become a possibility.
Safe.Cash may actual able-bodied be the aboriginal of abounding accoutrement to arrange acceptable cyberbanking with Bitcoin technology over the abutting few years. This does not beggarly Bitcoin will never accomplish it to the apple of accounts as apperceive it, but it is barefaced banks appetite to analyze the technology first. Interesting times are advanced of us.
Source: Press Release via Email
Images address of Safe.Cash, CleverCoin, Shutterstock
