09:42
Ant International and UBS have signed a strategic cooperation memorandum, and the two parties will collaborate in the field of Blockchain cross-border payment Settlement.
According to ChainCatcher, the South China Morning Post reported that Ant International and UBS have signed a strategic cooperation memorandum to collaborate in the field of Blockchain cross-border payment Settlement.
According to the agreement, Ant International will use UBS Digital Cash, the blockchain payment platform launched by UBS last year, for global fund management operations to enhance efficiency, transparency, and security. Both parties will also explore joint innovations in tokenized deposits, including connection solutions involving Ant's proprietary blockchain platform, Whale.
Kelvin Li, the Global General Manager of Ant International Platform Technology, stated that both parties share a common belief in the potential of these technologies to transform cross-border payments.
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