Scallop is the world’s first DeFi enabled neo-bank that uses blockchain to create a secure and safe bridge between traditional and decentralized finance. The start-up is incubated by MahaDAO and offers the first neo-banking facility with the full cryptocurrency experience. This partnership bore many fruits as now Scallop is offering
Tag: Bank
Scallop, The Bridge Between Crypto and non-Crypto world
One of the most frustrating things for crypto users all around the world is a lack of a robust platform that can connect the traditional financial world with the crypto ecosystem. While several platforms have brought financial services such as lending, borrowing, and trading to the crypto ecosystem using DeFi
A Ripple-powered Payment System by Santander on the Cards this Year
Digital transformation seems to be the order of the day. Several countries have started embracing this and Mexico too is not far from doing this. The major Spanish banking player has announced its foray into facilitating cross-border payments systems to Mexico. The all-new payment system called One Pay FX is an
KB Kookmin has announced its Crypto-custody services
KB Kookmin, the largest South-Korean bank also has adopted the crypto technology wave with its announcement of its own crypto custody enterprise for assets like Bitcoin and Ether. According to its local sources, a trademark application was filed by the bank. The organization named KB Digital Asset custody(KBDAC) will be