#Cosmos#IBC#ATOM

TOKI and Progmat to Build Enterprise Payments System Using IBC Protocol

TOKI, Progmat, and Datachain have partnered under Project Pax to build a platform for large institutions and enterprises to make payments and transfers in stablecoins.

The platform will use SWIFT payment standards and will be compliant with anti-money laundering and counter-terrorism (AML/CFT) regulations and other regulatory standards.

TOKI will provide cross-chain infrastructure using the Inter-Blockchain Communication (IBC) protocol created by Cosmos, with a multi-layered security system and unified liquidity pools to ensure secure payments and transfers. The platform is scheduled to launch in 2025. Source

@SatoshiNews | Crypto News