Ample FinTech Announces PBM3525, a Transformative Programmable Payments Technology for Digital Assets
Singapore City, SG – Ample FinTech, a Singapore-based FinTech company, revealed its novel programmable money technology PBM3525 today. This technology enables individuals and commercial users to configure and customize payment conditions and logics on blockchains without involving financial intermediaries or programming smart contracts themselves. Ample FinTech stated that it has successfully applied this technology in Project DESFT, a pilot cross-border trade and payment solution supported by the Monetary Authority of Singapore and the Bank of Ghana. According to the leaders of this startup company, PBM3525 is a general purpose technology to digitalize an array of payment and financial tools such as bills, invoices, letters of credit, commercial papers, swap contracts, and more.
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