NEM blockchain solution facilitates strategic cooperation between listed company Infoteria and Ting Financial Technology

Breaking news: Recently, Infoteria (a company listed on the Tokyo Stock Exchange) and Dragonfly Fintech, a new high-tech company in Singapore, have reached a comprehensive strategic cooperation in the financial field based on the NEM blockchain technology framework. The cooperation involves financial services such as payment, settlement and clearing.

Infoteria's ASTERIA product is currently the leading codeless development middleware platform, which has been widely used in the financial, logistics and other industries. Its original design includes the concept of user broadcast expansion, and the implementation of the product is not limited to professional developers. The unique data flow technology allows any operator to easily complete the drag and drop of icons and attribute configuration. At the same time, existing databases, file systems, operating platforms of various industries, and Internet cloud services of different modes can be simply integrated and connected through data flow technology, which significantly reduces the time it takes for the system to complete various instructions. The implementation of a codeless development environment completely gets rid of the long waiting time in the development process. In a very short period of time, ASTERIA's products have occupied the market position of the dominant products of the same type.

TEPS, a platform of Ting Technology, is a leader in the cutting-edge IT field of private blockchain, equipped with a high-speed interactive engine supported by NEM core technology. NEM blockchain solutions are almost tailor-made for the financial industry, because they do not require financial institutions to make large-scale changes to existing banking systems. While ensuring higher business security, the TEPS platform removes the complex credit center system in the business process, making the entire settlement process more efficient. This new payment, settlement and clearing solution makes it convenient and fast for financial institutions, service providers, merchants, entrepreneurs and end users to use. The existing settlement system in the banking industry relies on settlement institutions to provide expensive credit support. The implementation of the TEPS platform has freed the banking industry from expensive infrastructure investment, eliminated the boundaries between B2B and C2C in the fields of finance, payment and clearing, and enabled every individual and entity to participate in the financial industry with a very low threshold.

The strong combination of core business areas fully demonstrates the value of the TEPS platform in the fields of business intelligence, operational automation and anti-money laundering. Traditional IT companies no longer need to spend a lot of manpower and material resources to quickly make the convenience of blockchain fully available in the financial system of customers.

About Dragonfly Fintech

Dragon Fintech Pte Ltd is an emerging financial technology company in Singapore. Its founder, Lon Wong, is an outstanding entrepreneur who has applied for a patent for his unique financial business implementation. Mr. Wong is also a core member of NEM, a leading open source digital currency and blockchain solution organization.

About Infoteria

Infoteria was founded in 1998 by Mr. Yoichiro Hirano, Chairman, and Mr. Miyuki Kitahara, Vice President. The founding purpose of the company is to leverage the seamless connection between the Internet and traditional industries through IT technology and commercial operations. In 1998, the Internet industry was just taking off. In the face of the huge opportunities of Internet development and the unremitting efforts of the two founders, Infoteria has been booming and has now established branches in California, Shanghai, Hangzhou, and Hong Kong. Today, the integration of innovation in the field of blockchain is the practice of Infoteria's second entrepreneurship. The IT architecture representing Infoteria's cutting-edge technology has gradually entered the field of vision of enterprises and the public.

Original link: http://finance.yahoo.com/news/infoteria-partner-dragonfly-fintech-160000075.html
Translator: PR Newswire NEM Chinese Community renolteng.li
Editor: NEM Chinese Community Hua Niao Webmaster
Editor: Kyle
Source: Babbitt Information