In 2022 Hedera Governing Council member, eftpos joined with BPAY Group and NPP Australia to form Australian Payments Plus (AP+). As such, AP+ is now a member of the Hedera Governing Council, effective immediately. AP+ has over 150 partner institutions and processed 3.9 billion transactions in 2022. Operating in the public interest, AP+ is a member-owned organization, with a diverse range of members including Australia’s domestic banks, international banks operating in Australia, some of the country’s largest merchants, payment service providers and payment processors, together with a range of challenger and disruptor brands focused on specific markets and products. In addition, this past summer, AP+ announced that global financial services technology leader and fellow Hedera Council member, Worldpay from FIS®, had joined Australia’s domestic debit network eftpos as a member. This enables Worldpay’s customers to benefit from eftpos’ secure online payments capabilities and features, designed to keep Australians safe in the digital economy. May Lam, Chief Information Officer at Australian Payments Plus, stated, “With distributed ledgers, payments organizations like AP+ can benefit from increased transparency, enhanced security, and improved efficiency in transaction processing. AP+ has several initiatives underway to ride the wave of innovation with Hedera, unleashing the full potential of Distributed Ledger Technology to transform our organization.”
Why Polygon (MATIC) Stands Out in 2024?🤔💥📈 Polygon's cryptocurrency, MATIC, is poised for significant growth in 2024, driven by its role in addressing Ethereum's scaling challenges and recent technological advancements. Strong Fundamentals Drive MATIC's Potential Recent developments within Polygon's ecosystem highlight its fundamental strength, including the completion of the vesting contract, which curbs inflation and reduces selling pressure. Additionally, MATIC benefits from the surge in Ethereum ecosystem tokens following Uniswap's fee switch announcement. Transition to zkEVM and Anticipated Name Change Polygon's transition to zkEVM aligns with the resurgence of Zero-Knowledge narratives in 2024, positioning MATIC as a key player in the evolving crypto landscape. The upcoming token name change to POL in Q2 2024 adds positive sentiment. Technical Indicators Point Towards Potential Breakout MATIC has surpassed crucial resistance levels and shows signs of bullish momentum, with indicators suggesting a potential breakout. A weekly candlestick close above $1.000 could trigger a substantial upward move, targeting $1.170 initially and potentially reaching $1.560. Market Dynamics and Investor Interest Recent whale activity, such as significant MATIC transfers to exchanges, hints at potential shifts in market sentiment. With MATIC hovering around $1, positive fundamentals, reduced selling pressure, and technical indicators present a compelling case for resurgence in 2024. Investors should closely monitor key levels and developments as Polygon's MATIC aims for a comeback in the crypto landscape. $MATIC #TrendingTopic #AmanSaiCommUNITY #MATIC🔥🔥
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