Paygate signed an MOU with Center Prime to establish Seyfert fintech private chain on the 27th of July.
Through this business agreement, Paygate and Center Prime will cooperate to build a flexible and reliable fintech private chain system by connecting domestic/global centralized and decentralized finance networks.
In detail, both parties will cooperate in ▲fintech and blockchain convergence ▲open banking private chain ▲enabling on-chain in public chain and open banking private chain ▲blockchain-based E-Wallet DID.
Paygate is a 23-year-old company that provides fintech services to more than 3,000 global corporate customers in Korea, the United States, Hong Kong, the United Kingdom, Singapore, Australia, Luxembourg, Japan, etc. Through its core platform, Seyfert, Paygate supports electronic payment, foreign currency remittance, security authentication, and electronic wallet services. On the other hand, Center Prime is a company specialized in central finance and decentralized finance connection projects. Center Prime built the Oracle Perceptron protocol based on the technology won at the Binance Hackathon, UNICEF, and Chainlink Hackathon. Its major services include Oracle Perceptron Wallet, Explorer, Operator, Payment Gate, and Neuron Assets.
An industry official said, “This MOU between the two companies is the convergence of fintech and blockchain technology, which sets the standard for the expansion and standardization of the 4th blockchain-based industry, and lays the foundation for convergence between various industries, such as manufacturing, service, and accounting, in addition to finance. In addition to technical and business use, it will be a representative node that builds the Oracle DeFi ecosystem by expanding mutual understanding between system developers, users, and operators.”
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