Hedera (HBAR) Linked With Banking And Mastercard For Enhanced Digital Solutions
08/04/2023 21:21
FreshSupplyCoAu integrates Hedera into Continuity API, enabling seamless connection to banks and Mastercard Network.
FreshSupplyCoAu, a pioneering player in the realm of digital innovation, has taken a significant step forward by seamlessly integrating Hedera into its Continuity API, the HBAR Foundation announced on X (Twitter). This dynamic fusion links the Hedera network with the conventional banking system and amplifies its reach by integrating with the Mastercard Network.
This partnership prepares users for access to Mastercard Payment Gateway Services (MPGS) and other future projects from Hedera Foundation, such as their cutting-edge Web3 and digital asset solutions.
This integration is a tactical step in improving Hedera’s usability and interoperability. FreshSupplyCoAu’s move is prepared to open up new pathways of efficiency, accessibility, and value for both individual users and enterprises by bridging the gap between decentralized blockchain technology and conventional financial infrastructure.
Hedera’s integration with banking procedures opens up the possibility of frictionless international trade, safe payments, and a wider range of financial services. A powerful potential to reimagine how value is shared, tracked, and managed in the digital age exists when the power of blockchain technology is combined with traditional financial frameworks.
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US Government Recognizes Hedera
According to a news release issued by the US Department of State, Hedera was honored for its commitment to using blockchain technology to advance democratic principles.
Hedera said that it would host a democracy roundtable discussion with businesses, trade associations, advocacy groups, academics, and government representatives to discuss how distributed ledger technology (DLT) may assist promote transparency and protect civic rights.
At the time of writing, the HBAR token is trading at $0.05346, with a jump of more than 3% since last week. The current market cap for HBAR stands at $1.74 billion with a CoinMarketCap ranking of 33.
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