Integrated HD Crypto Wallet
Integrates seamlessly with the ecosystem
This wallet integrates seamlessly with the FINTERRA ecosystem allowing users to have: total account control, digital asset portfolio viewing and management, access to the purchase of a wide array of merchant goods and services, and access to all of FINTERRA’s Dapp integrated financial solutions and verticals.
The HD (Hierarchical Deterministic) digital wallet interacts with smart contracts on Ethereum and GALLACTIC Blockchain, and directly interacts with FINTERRA’s different chains, such as WAQF and loyalty point exchange.
How FINTERRA Digital Wallet works
Using blockchain technology and the Stellar protocol, FINTERRA Digital Wallet makes it possible for financial institutions to clear and settle cross-border payments in seconds.
Two financial institutions transacting together agree to use a stable coin, central bank digital currency or other digital asset as the bridge asset between any two fiat currencies. The digital asset facilitates the trade and supplies important settlement instructions.
The institutions use their existing payment systems – seamlessly connected to World Wire’s APIs – to convert the first fiat currency into the digital asset.
FINTERRA Digital Wallet then simultaneously converts the digital asset into the second fiat currency, completing the transaction. All transaction details are recorded onto an immutable blockchain for clearing.
Finterra Digital Wallet can change the payments landscape
Faster payment processing
◎ Simultaneous clearing and settlement
◎ Reduced time to dispute resolution and reconciliation
◎ Eliminates multiple parties processing transactions
◎ Reduced capital requirements for cross-border transactions
◎ Lower clearing costs
◎ Reduced time and cost to connect new markets to capital flows
◎ One exchange fee between all currencies
◎ End-to-end transparency
And much more
◎ Simplified, configuration-ready solution integrates with any system
◎ Support payments of any size, to any destination, in any asset type
◎ Security-rich network with robust access controls
“With annual growth expected to average the payments industry is expected to be a $2-trillion-dollar industry by 2020.”
FINTERRA Digital Wallet : building new trust to power the financial world
Understanding your business
Our convening power brings together incumbents and FinTechs, ensuring collaborative innovation with data security, compliance and consumer focus.
Creating a solution that works for you
We work with you to ensure that FINTERRA Digital Wallet is compatible with your existing payment systems, making it as seamless to adopt as possible.
Launching new, dynamic business networks
Backed by the right experts, access and our collaborative approach, we’re building and running scalable, industry-shaping blockchain networks.
Solving your global challenges
Our cross-sector relationships and technical expertise are creating systemic change, helping you reach new customers and enter new markets.