Enterprise Blockchain Game-changer ParallelChain™ Inks KYC Deal With Global FinTech Paywiser

Digital Transaction’s ParallelChain™ blockchain has
been selected by global FinTech Paywiser for its KYC and
business operations. ParallelChain™, the only enterprise
blockchain able to fully maintain current enterprise
governance protocols, transcends the enterprise blockchain
space, and is quickly becoming a compelling choice for
enterprises looking for state-of-the-art blockchain
solutions.

Paywiser is a global payment solutions
company with offices in Asia, Europe and United Kingdom.
Paywiser will deploy eKYC-Chain on ParallelChain™ to
perform Know Your Customer (KYC) verification on their
applicants. eKYC-Chain, through 2D/3D anti-spoofing, can
distinguish prints and fakes in real-time, thus enabling
Paywiser to strengthen the process of identification
verification during the onboarding process, but also reduce
potential risks of fraudulent activities. ParallelChain™
will also bolster and support multiple areas of Paywiser’s
business operations, including card issuance onboarding
service and compliance review enhancement.

Ian Huang,
Chairman and CEO of Digital Transaction, said, “Digital
Transaction is committed to ensuring enterprises have access
to the latest blockchain technology available to empower
their business operations. Our collaboration with Paywiser
is a testament to the enterprise blockchain market evolving
towards a demand for much higher performance blockchains
with no compromise. ParallelChain™ is the leader in that
category.”

“Blockchain is an integral part of
FinTech and has demonstrated its capability to facilitate
instant, secure and low-cost transactions and KYC processes,
and introducing the latest blockchain technology into our
operations will ensure that we remain at the cutting edge of
the global FinTech industry.” Louie Ho, Asia COO of
Paywiser, noted, “ParallelChain™ and eKYC-Chain match
our vision and commitment of reducing onboarding risks while
leveraging blockchain products in delivering the most
optimal, efficient and user-friendly financial solutions to
our valued customers.”

Paywiser provides PaaS and
OEM solutions in their acquiring and issuing business. As
part of this collaboration, Paywiser will also become a
reseller partner for Digital Transaction’s blockchain
products, software and
services.

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