HomeCoinsStellar Lumens (XLM)Stellar Dev Digest: Issue #61. Protocol 14 preparation, a roundtable… | by...

Stellar Dev Digest: Issue #61. Protocol 14 preparation, a roundtable… | by Kolten | Stellar Community | Sep, 2020

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This week I’m featuring DTransfer — a service for direct and decentralized payments for instant transfers. DTransfer was formerly known as SatoshiPay B2B.

Announced on Sept. 22, DTransfer aims to revolutionize the global payment industry, paving the way for a modernized international banking system. It utilizes blockchain technology — and the Stellar network in particular —to connect instant banking networks.

So far DTransfer has successfully connected their instant payment platform to banking networks in Europe, US, Mexico, Nigeria, and Tanzania and they are in the process of connecting to further local bank networks, mainly in Europe, Asia, Africa, and the Americas.Their initial Beta services already pack quite a punch, offering currency exchange, transfer tracking, safe storage, compliance, and increased security.

To learn more you can read the DTransfer announcement here and check out their website here.



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