Global blockchain development company HashCash collaborates with a USA-based bank to help them in financing their corporate trade owing to the HC Corporate Payment solution
Global blockchain pioneer HashCash Consultants partners with a bank based in the USA to assist them in financing corporate trade owing to a scalable and sophisticated blockchain-powered corporate payment platform utilized for B2B payments. Other than making B2B payments with ease, HashCash helps simplify IT infrastructure and lower operating costs.
Owing to instant reconciliation, real-time document sharing, and automation through smart contracts, HashCash’s HC Corporate Payment provides the bank with a platform for faster, secure, and transparent B2B Payments. The platform also helps unite all involved parties and digitize the end-to-end trade process on a single network to cut down processing time drastically.
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In an interactive session with the media, Raj Chowdhury, CEO of HashCash Consultants, commented, “Our HC Corporate Payment platforms help reduce processing time through instant settlements and safe, online exchange of documents. With HashCash’s solutions, the USA-based bank can protect their data through encryption and blockchain immutability. With this partnership, we are looking forward to helping them manage their working capital efficiently through live tracking of the account balance.”
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Apart from banks, HC Corporate Payment is used by Corporate houses for Vendor payments Central Banks for wage disbursement, Clearinghouses to replace or build new clearing systems, and can be customized to any B2B payments use case. Owing to a platform for secure, transparent, and faster B2B payments, HashCash helps automate critical business processes through smart contracts, thereby automatically reconciling transactions with other financial institutions.
Recently, HashCash integrated their HC Corporate for streamlined B2B Payments. Some of its key features include online purchase orders, invoice exchanges, and creation; sharing trade security and shipping documents through encryption; the ability to include and expand other trading partners and banks; along with instant verification and settlement for payments.
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