D+H Corporation, a Canada-based financial technology provider, has integrated blockchain distributed ledger technology into its global payments services hub.
D+H said that it is now in talks with banks to implement this payment solution with integrated blockchain capabilities.
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Following the integration, financial firms 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.
D+H executive vice president for global pre-sales Moti Porath said: "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."
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By GlobalData
