News Pundi X Signs MoU With Borghese Ventures to Enable...

Pundi X Signs MoU With Borghese Ventures to Enable Blockchain Tech Rollout in Cyprus

-

- Advertisment -

Pundi X Signs MoU With Borghese Ventures to Enable Blockchain Tech Rollout in Cyprus

Singapore-based Pundi X announced this weekend it has signed a Memorandum of Understanding (MoU) with artificial intelligence firm Borghese Ventures to explore the implementation of blockchain technology for private and public sectors based in Cyprus.

Pundi X reported that with the MoU it and Borghese Ventures will jointly establish a committee to explore and evaluate the feasibility of possible blockchain-related projects that they will roll out to assist Cypriot businesses as well as the government.

“A Cypriot entity will be set up to explore the feasibility of implementing blockchain technology solutions and a blockchain-based payment network across Cyprus powered by Pundi X technology.”

While sharing more details about the collaboration, Joseph Borghese, Founder and CEO of Borghese Ventures, stated:

“When processes in these industries are taken to the blockchain, businesses will have a more secure, more seamless and more straightforward experience. We’re excited to work with Pundi X, bridging blockchain technology between Singapore and Cyprus and implementing these solutions that will have immense benefits for consumers and citizens.”

Zac Cheah, Co-founder and CEO of Pundi X, went onto add:

“By integrating blockchain technology into payments, both customers and retailers can expect a higher level of security and accountability with their transactions. We will be collaborating with Borghese Ventures to onboard more Cypriot retailers into our global payment network in the near future.”

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

What is LEO Token and Can It Help Fund a Rehab Journey?

TL;DR: In this article you will learn what is LEO token, how it works and how can...

How To Trade Like A Professional Trader: Tips and Perspectives

In this article we will give valuable tips on how to trade like a professional...

DAOWallet Develops A New-Age and Secure Crypto and Fiat Gateway

It is almost impossible to analyze the factors impeding the mainstream adoption of cryptocurrency without mentioning the...

Snapped Up! WaykiChain ROG Genesis Yield Farming Round 1 Subscription Completed

Round 1 Subscription of WaykiChain’s ROG Genesis Yield Farming scheduled to start at 20:00 HKT on September...
- Advertisement -

KryptoCibule: The Cryptostealing Malware

ESET antivirus researchers have announced the discovery of an unknown trojan malware family that spreads through malicious...

Crypterium Signs New Partnership with Apple Pay, Unveils its Virtual Card

In late 2017 when Bitcoin and other digital assets became quite popular, the consensus amongst enthusiasts was...

Must read

- Advertisement -

Read Next
Recommended to you