Friday, May 7, 2021
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Blockchain as Payment

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Blockchain technology promises to facilitate fast, secure, low-cost international payment processing services (and other transactions) through the use of encrypted distributed ledgers that provide trusted real-time verification of transactions without the need for intermediaries such as correspondent banks and clearing houses. Blockchain technology was initially used to support the digital currency Bitcoin, but is now being explored for a wide variety of applications that don’t involve bitcoin.

Benefits of Blockchain Payment

1) Blockchain May Speed International Payment Processing Services
2) Blockchain May Lower Cost of Trade Finance

Professor Charles
Professor Charles is a content marketing professional at Teclutions, an inbound marketing and sales platform that helps companies attract visitors, convert leads, and close customers. Previously, Professor Charles worked as a project/marketing manager for an online tech and advertising startup. He graduated with honors from Coventry University United Kingdom with a Bachelor's degree in Multimedia Computing.
https://www.teclutions.com

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