HashCash Lines Up 18 Multinational Banks and Currency Exchanges on HC Remit

18 Multinational Banks and Currency Exchanges are on HC Remit

Besides bank and exchanges, we have also seen growing interest from global private equity investors and other blockchain companies approaching to partner with us in this space.

HC Remit®, the breakthrough Remittance product built on Blockchain technology sees a customer traction atypical in the area of financial software applications.

HC Remit powers the IT infrastructure of Banks, Currency Exchanges and Money Transfer Organizations (MTO) to allow their customers to transfer money across borders instantly and at a fraction of the current cost.

Since its launch, HC Remit, took the industry by storm signing up 18 global banks and exchanges piloting the product.

Besides, there are 14 globally distributed Banks, Exchanges and MTOs that are currently operating live with retail and corporate remittances on the blockchain network.

Blockchain is considered by many to be creating the next generation of rapid growth high valued FinTech companies. The success of HC Remit underscores that.

“Besides bank and exchanges, we have also seen growing interest from other blockchain companies approaching to partner with us in this space,” said Raj Chowdhury, a prominent blockchain expert and Managing Director of HashCash Consultants.

HashCash offers HC Remit Sandbox on a cloud based environment where Banks and exchanges can experience the full functionality of the product. In addition, they can see the partners in various remittance corridors available on the network to go live with.

“This gives everyone an opportunity to be sure of the product and the partners they will work with before integrating with their core IT systems,” said Ishan Roy, Head of Products at HashCash.

About HashCash Consultants: HashCash Consultants is a Blockchain company registered in USA and India as HashCash Consultants, LLC and BlockBase Consultants Pvt. Ltd respectively. HashCash builds banking products that integrate with blockchain platforms such as Stellar, Ethereum, Corda and Hyperledger Fabric. It partners with banks globally to integrate their core banking systems to blockchain products and platforms. HashCash’s product portfolio includes, HC Commerce,…

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