D3 Labs And Orbix Technology Introduce Blockchain To Cross-Border Banking

Foto: D3 Labs

D3 Labs And Orbix Technology Introduce Blockchain To Cross-Border Banking

Tuesday, 04 Feb 2025

Two leading blockchain solution providers, D3 Labs and Orbix Technology, have announced a strategic partnership aimed at transforming cross-border payments and advancing the development of blockchain-based technology for financial services in Thailand, Indonesia, and the Southeast Asian region.

This collaboration will leverage D3 Labs' ecosystem, known as the SeaSeed Network, alongside Orbix Technology's proprietary blockchain infrastructure, Quarix, to create secure, efficient, and scalable financial technology while ensuring compliance with applicable regulations.

The partnership is rooted in the "Blockchain Initiative for Financial Services," which seeks to establish a cost-effective, user-centric cross-border payment system that benefits the broader community. The primary focus of this initiative includes:

Enhanced Smart Contracts: Developing flexible and adaptive smart contracts to support seamless automated payment flows.

Faster and More Efficient Transactions: Optimizing blockchain architecture to reduce transaction settlement times, enhance operational efficiency, and improve the cross-border user experience.

Stronger Security and Compliance: Building systems that ensure privacy, adhere to regulations, and maintain transparency in every transaction.

“Our collaboration with Orbix Technology marks a significant milestone in our journey to revolutionize financial services,” stated Chung Ying Lai, Co-Founder and Co-CEO of D3 Labs.

“By combining our expertise and harnessing blockchain technology, we aim to create transformative solutions that enhance efficiency, innovation, and regulatory compliance within the digital financial ecosystem.”