iAPPS Pte Ltd Joins IBM Blockchain World Wire Expanded Services Now Offered Through New Cross-Border Payments Network Supporting Real Time Payments and Foreign Exchange on the Stellar Protocol SINGAPORE, 18 MARCH 2019 – iAPPS PTE. LTD. today announced it will join IBM Blockchain World Wire, a real-time global payments network for regulated financial institutions, designed to optimize and accelerate foreign exchange and remittance services. By connecting to the World Wire network, iAPPS now has access to a single unified network for foreign exchange and cross-border payments clearing and settlement built on blockchain technology and the Stellar public protocol. This will allow iAPPS to offer clients the ability to conduct transactions across additional currency corridors and provide access to new digital assets including stable coins and cryptocurrency using Stellar Lumens (XLM). “We are very excited about the launch of IBM World Wire! With this new blockchain solution, we are now able to link up with reliable partners overseas to offer near real-time remittance service to our customers in Singapore!” said Ms Lilian Koh, CEO and founder of iAPPS Pte. Ltd.. World Wire enables regulated financial institutions to expand their business ecosystems more rapidly, while improving financial inclusion for people around the world through highly secure, point-to-point payment transactions. “Blockchain provides...
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