-Wallyt’s global presence and SwiftPass’ expansive platform and user base are ideally suited for Findora’s confidential ledger.
-The use of Findora is expected to provide enhanced data safety and privacy for the financial institutions and other clients they serve.
United States, Dec. 30, 2020 /AlexaBlockchain/ – Wallyt and SwiftPass has partnered with Findora to leverage its zero-knowledge proof technology to ensure privacy for financial transactions while remaining auditable.
Wallyt is a Hong Kong based FinTech that provides international mobile payments and open banking solutions, While SwiftPass is a leading mobile payments service provider in Asia.
Findora is a blockchain protocol founded in 2017 by John Powers, the former CEO of Stanford University’s $25 billion endowment fund. At the core of the Findora blockchain protocol is a confidential ledger that supports encrypted transaction processing, verification, and asset issuance for any cryptocurrency or financial asset, such as equities, derivatives, debt and cash.
Tong Liu, CEO of Wallyt, said:
“Among its peers, Findora has a unique approach to financial systems, with a balance between transparency and privacy for building a large-scale transaction network. We are excited to partner with Findora and, together, provide more Fintech solutions.”
Wallyt’s global presence and SwiftPass’ expansive platform and user base are ideally suited for Findora’s confidential ledger. The use of Findora is expected to provide enhanced data safety and privacy for the financial institutions and other clients they serve.
Paul Sherer, Director of Findora Foundation, said:
“Findora Development Foundation is excited to partner with two dynamic platforms in Wallyt and SwiftPass, in the constantly evolving Fintech and payments sector. The Findora blockchain’s unique approach to combining cryptography and blockchain will help Wallyt and SwiftPass achieve both confidentiality and auditability.”
