Leading blockchain development organization HashCash Consultants collaborates with a USA-based bank to assist them with finance and corporate trade. Concerning a robust and advanced blockchain-powered corporate payment platform employed for B2B payments, the company helps analyze IT infrastructure and reduce operating costs.
The Motive Behind the Collaboration
With instant reconciliation, real-time document sharing, and automation through smart contracts, the HC Corporate Payment platform of HashCash offers the USA-based bank a platform for more agile, reliable, and simple B2B Payments. It helps combine all involved parties and digitizes the end-to-end trade process on a single network, thereby cutting down processing time drastically.
From the Perspective of the CEO of HashCash
According to the CEO of HashCash, the HC Corporate Payment platform helps decrease processing time with instant settlements and secure, online transfer of records. With the solutions of HashCash, the bank can preserve their information through blockchain immutability and encryption. With this collaboration, the company professionals are looking forward to assisting the USA-based bank in managing their working capital efficiently with live tracking of their account balance.
Also Read: HashCash’s HC NET Reduces Base Reserve Fee from 20 HCX to 1 HCX to Adjust Network Fee with the Rising HCX Prices
HC Corporate Payment Use Cases
Apart from banks, Corporate houses, Central Banks, Clearinghouses use HC Corporate Payment for their organizational requirements. Owing to a platform providing protected, simple, and more agile B2B payments, HashCash helps advance notable business processes with smart contracts, hence readily reconciling activities with other business institutions. Lately, HashCash has combined their HC Corporate for smooth B2B Payments. Its essential features include sharing trade security and shipping documents through encryption; online purchase orders, invoice exchanges; the ability to expand other trading partners and banks; along with instant settlement and verification for payments.