D3 Labs and Orbix Technology have announced a strategic partnership to advance blockchain solutions in financial services. Their collaboration aims to improve cross-border payments in Thailand, Indonesia, and Southeast Asia.

This partnership combines D3 Labs’ SeaSeed Network with Orbix Technology’s Quarix blockchain infrastructure. By integrating their technologies, both companies seek to develop a financial system that is secure, efficient, and fully compliant with regulations.

The initiative is part of the "Blockchain Initiative for Financial Services," which focuses on creating cost-effective and user-friendly payment systems. Key objectives include improving smart contracts, optimizing transactions, and strengthening security and regulatory compliance.

"Our collaboration with Orbix Technology marks a significant milestone in our journey to revolutionize financial services," said Chung Ying Lai, Co-Founder and Co-CEO of D3 Labs. "By combining our expertise and leveraging blockchain technology, we aim to create transformative solutions that enhance efficiency, innovation, and regulatory compliance in the digital finance ecosystem."

Beyond technology development, both companies are committed to sharing products, services, and essential information to drive financial digitalization. They will also work with government and private sector entities to accelerate blockchain adoption.

Yarnvith Raksri, Managing Director of Orbix Technology, emphasized the real-world impact of this partnership. "By addressing real-world challenges, especially improving cross-border payments between Thailand and Indonesia, we aim to make transactions faster, safer, and more cost-efficient. With increasing tourism between both countries, we are excited to support a smoother travel experience through blockchain-based solutions," he stated.

PHOTO: D3LABS

This article was created with AI assistance.