Sign In  |  Register  |  About Menlo Park  |  Contact Us

Menlo Park, CA
September 01, 2020 1:28pm
7-Day Forecast | Traffic
  • Search Hotels in Menlo Park

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

$220 Million Worth of Invoices Tokenized as RWAs on ICP Through InvoiceMate

The Internet Computer (ICP) blockchain has successfully tokenized more than $220 million worth of invoices in collaboration with InvoiceMate, a leading platform for invoice tokenization recognized by Deloitte.

The Internet Computer (ICP) blockchain has successfully tokenized more than $220 million worth of invoices in collaboration with InvoiceMate, a leading platform for invoice tokenization recognized by Deloitte. This achievement marks a significant advancement in decentralized finance (DeFi) and highlights the transformative potential of ICP’s blockchain technology in real-world assets (RWAs).

ICP’s decentralized network, known for its scalability, security, and interoperability, is the key driver of its success. Its innovative architecture provides an ideal ecosystem for the tokenization of real-world assets, revolutionizing traditional finance. Over 1,850 businesses have benefited, with more than 101,000 invoices tokenized, demonstrating ICP’s capacity to handle large-scale financial processes efficiently and securely.

InvoiceMate, in partnership with ICP, transforms traditional invoices into digital assets, empowering SMEs globally. "InvoiceMate is proud to collaborate with ICP in tokenizing over $220 million worth of invoices," said Muhammad Ibrahim, head of Web3 and innovation at InvoiceMate. "This milestone underscores our commitment to driving innovation in finance and empowering businesses of all sizes."

Supported by the Dfinity Foundation, ICP is a decentralized network protocol that revolutionizes the internet by providing a scalable, secure, and interoperable platform for blockchain-based applications. Its architecture allows for the seamless tokenization of real-world assets, unlocking new possibilities for DeFi and financial inclusion.

InvoiceMate is the decentralized infrastructure for invoice financing that connects conventional businesses with Web3 investors via invoices as RWAs. With a focus on innovation and transparency, InvoiceMate leverages blockchain technology to revolutionize traditional finance and drive sustainable growth for SMEs worldwide.

For media inquiries, please contact:

Muhammad Salman Anjum

salman@invoicemate.tech

InvoiceMate
invoicemate.tech

Contact Info:
Name: Bryan Feinberg
Email: Send Email
Organization: Plato / Amplifi
Address: 144 E44th E 44th St, New York NY 10017
Phone: 15515742169
Website: https://AmplifiPR.com

Disclaimer:

This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed.

You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence.

Release ID: 89133862

If you encounter any issues, discrepancies, or concerns regarding the content provided in this press release, or if there is a need for a press release takedown, we urge you to notify us without delay at error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our expert team will be available to promptly respond within 8 hours – ensuring swift resolution of identified issues or offering guidance on removal procedures. Delivering accurate and reliable information is fundamental to our mission.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 MenloPark.com & California Media Partners, LLC. All rights reserved.