HashCash's HC Corporate Payment Solution for B2B Transactions Gaining Prominence Among Global Enterprises

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HashCash observes a rising demand for its unique blockchain solution streamlining B2B transactions, reducing processing time and costs- the HC Corporate Payment.

PALO ALTO, Calif., Sept. 27, 2022 /PRNewswire-PRWeb/ -- Global blockchain specialists HashCash Consultants announced a rising interest in its blockchain-powered HC Corporate Payment solution among business enterprises. The unique blockchain-powered innovation expedites the end-to-end digitization process, linking all involved entities within one secure single network.

Blockchain and its associated innovations have solidified their position as the most disruptive technology in modernizing the global financial infrastructure. The decentralized ledger technology eliminates intermediaries or middlemen from the process altogether, significantly reducing the time taken to complete a cross-border transaction along with its processing cost.

HashCash CEO and blockchain pioneer Raj Chowdhury stated, "The corporate sector is tracing the footprints of the BFSI segment in comprehending blockchain's revolutionary potential in transforming existing financial infrastructure. Blockchain-powered smart facilitates real-time transaction visibility and helps in process automation through smart contracts."

The HC Corporate Payment platform helps organizations in the effective management of working capital through live account balance tracking, reconciliation, and sharing of information with other parties in real-time. Targeted toward the B2B sector, the solution also offers cutting-edge security through blockchain immutability and database encryption.

"The HC Corporate Payment solution has unlimited potential and is a viable solution across many domains. The encryption facilitates sharing of confidential information, while the network itself can be expanded afterward to include other trade partners or financial institutions," concluded Raj Chowdhury, who had previously highlighted potentially viable uses of blockchain in sustainable energy management and education systems.

Based out of the US, HashCash has been a worldwide frontrunner in innovation, winning multiple awards and recognition for blockchain development. HashCash designed products have been globally acclaimed and used in over 26 nations across 6 continents including the US, Ireland, Singapore, Vietnam, and more. The company recently updated its crypto payment processor Billbitcoins and announced plans of diversification, planning to enter the metaverse segment within the next year.

Recent surveys reported almost 60% of global MNCs use at least one form of blockchain-powered cryptocurrency for cross-border transactions. Low processing costs are also a key factor in the rising popularity of crypto-remittance options among expatriates, particularly those hailing from areas with poor banking infrastructure.

  • About HashCash Consultants:

Hashcash is a global software company. HashCash Blockchain products enable enterprises to move assets and settle payments across borders in real-time for Remittances, Trade Finance, Payment Processing, and more. HashCash runs a US-based digital asset exchange, PayBito & digital asset payment processor, BillBitcoins. HashCash offers crypto exchange and payment processor software solutions, ICO services, and customized use cases. HashCash propels advancement in technology through Blockchain1o1 programs and its investment arm, Satoshi Angels. HashCash offers solutions in AI, Big Data, and IoT through its platforms, products & services. HashCash solves the toughest challenges by executing innovative digital transformation strategies for clients around the world.

Media Contact

COLEEN F, Hashcash Digest, +14159662907, coleen@hashcashdigest.info

 

SOURCE Hashcash Digest

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