Enterprise Blockchain Game-Changer ParallelChain inks KYC Deal with Global FinTech Paywiser

HONG KONG, 10 FEBRUARY 2021 – Digital Transaction’s ParallelChain™ blockchain has been selected by global FinTech Paywiser for its KYC and business operations.

ParallelChain™, the only enterprise blockchain able to fully maintain current enterprise governance protocols, transcends the enterprise blockchain space and is quickly becoming a compelling choice for enterprises looking for state-of-the-art blockchain solutions.

Paywiser is a global payment solutions company with offices in Asia, Europe, and the United Kingdom. Paywiser will deploy eKYC-Chain on ParallelChain™ to perform Know Your Customer (KYC) verification on their applicants. eKYC-Chain, through 2D/3D anti-spoofing, can distinguish prints and fakes in real-time, thus enabling Paywiser to strengthen the process of identity verification during the onboarding process, but also reduce potential risks of fraudulent activities.

ParallelChain™ will also bolster and support multiple areas of Paywiser’s business operations, including card issuance onboarding service and compliance review enhancement.

Ian Huang, Chairman, and CEO of Digital Transaction said, “Digital Transaction is committed to ensuring enterprises have access to the latest blockchain technology available to empower their business operations.

Our collaboration with Paywiser is a testament to the enterprise blockchain market evolving towards a demand for much higher performance blockchains with no compromise. ParallelChain™ is the leader in that category.”

“Blockchain is an integral part of FinTech and has demonstrated its capability to facilitate instant, secure and low-cost transactions, and KYC processes, and introducing the latest blockchain technology into our operations will ensure that we remain at the cutting edge of the global FinTech industry.

” Louie Ho, Asia COO of Paywiser, noted, “ParallelChain™ and eKYC-Chain match our vision and commitment of reducing

onboarding risks while leveraging blockchain products in delivering the most optimal, efficient and user-friendly financial solutions to our valued customers.

” Paywiser provides PaaS and OEM solutions in their acquiring and issuing business. As part of this collaboration, Paywiser will also become a reseller partner for Digital Transaction’s blockchain products, software, and services.

onboarding risks while leveraging blockchain products in delivering the most optimal, efficient, and user-friendly financial solutions to our valued customers.” Paywiser provides PaaS and OEM solutions in their acquiring and issuing business. As part of this collaboration, Paywiser will also become a reseller partner for Digital Transaction’s blockchain products, software, and services.

Media Contact Jason Li Marketing Communications Manager, Digital Transaction Limited jason.li@digital-transaction.com Louie Ho

Asia COO, Paywiser Limited louie.ho@paywiser.com

About Digital Transaction Limited Founded in 2018, Digital Transaction Limited is a Hong Kong breakthrough enterprise blockchain technology company. Digital Transaction is the home of ParallelChain™, the fastest, most scalable, and the only GDPR privacy compliant blockchain in the world as well as seamless interoperability with existing blockchains. With 6 US patents, 2 China patents and 2 EU patents pending, as well as an award-winning technical team, strong business execution and deep market insight, Digital Transaction consistently rolls out technical innovation leading the Distributed Ledger Technology movement with unmatched products that will unlock enterprises’ digital transformation initiatives. Visit website: https://www.digital-transaction.com/ Follow Digital Transaction on social media: LinkedIn | Twitter | Medium | YouTube About Paywiser Founded in 2017, Paywiser is a FinTech company with offices in Slovenia, United Kingdom, Singapore, Malaysia, Hong Kong, Taiwan and Japan. The company’s main focus is to provide acquiring, issuing and remittance services to individual and corporate enterprise. A one-stop shop global solution that facilitates multicurrency payment acceptance and transfer of funds in a secure environment. Learn more at https://www.paywiser.com/

About the author

Brent Dixon is the owner of E-Crypto News and an early adopter of cryptocurrencies. He is a Book editor- that has edited numerous books on Cryptocurrencies. He has been a writer for more than 30 years. Covering everything from Jazz Music to Blockchain Technology. He currently lives with his wife on Miami Beach, Fl.

E-Crypto News Executive Interviews



Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Millions in Cryptocurrency Stolen by Scammers in the Last Month According to Tenable Research
November 24, 2021
Behind The Scenes: How this Crypto Community Responded to + $50m Hack
October 18, 2021
Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021

Blockchain/Cryptocurrency Questions and Answers

Crypto casinos
How Does Bitcoin Casino Work + 2021 Beginner’s Guide
November 8, 2021
Cryptocurrency
How to Buy and Sell Cryptocurrency
November 8, 2021
What Are Bitcoin Futures And How Will They Work In 2022?
November 4, 2021
Ethereum
The Unconventional Guide to Ethereum
October 28, 2021
ICo Presale
The Science Behind ICO Presales…
October 14, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin48,974 0.56 % 0.64 % 14.44 %
Ethereum4,172.8 0.43 % 0.22 % 2.73 %
Binance Coin565.98 1.09 % 1.58 % 7.44 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Solana187.21 1.78 % 1.07 % 6.61 %
Cardano1.330 0.51 % 1.02 % 16.29 %
USD Coin1.000 0.14 % 0.20 % 0.17 %
XRP0.7893 0.76 % 1.45 % 18.36 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
Terra62.51 4.49 % 8.25 % 25.10 %

bitcoin
Bitcoin (BTC) $ 49,155.00
ethereum
Ethereum (ETH) $ 4,188.01
binance-coin
Binance Coin (BNB) $ 571.86
tether
Tether (USDT) $ 1.00
solana
Solana (SOL) $ 189.86
cardano
Cardano (ADA) $ 1.34
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.795078
polkadot
Polkadot (DOT) $ 27.25
terra-luna
Terra (LUNA) $ 65.08