Metallicus has completed testing and certification for its digital banking network and has now launched its services on the UK Government's Faster Payments platform. The integration with Faster Payments was announced over a year ago, showcasing the extensive certification process required by the central bank to onboard numerous financial institutions. The Metal Blockchain, an open Avalanche fork, is the foundation of Metallicus, offering security and scalability. It supports multiple programming languages, DApps, and smart contracts. Faster Payments, introduced in 2008, aims to modernize payment systems by enabling instant transactions 24/7, at a lower cost compared to traditional wire services. Despite similarities to CBDCs, the Faster Payments service is distinct as the UK Government does not bear fiduciary responsibility. The launch signifies a significant step towards efficient and accessible instant payments in the UK financial landscape. Read more AI-generated news on: https://app.chaingpt.org/news