Contemplating Blockchain, Banks Have Choices – None of Them Easy

Tasat

Cryptocurrency comes with a ton of jargon. The sector is awash in abbreviations. Take, for example, “FOMO.” That’s the fear of missing out. And it is not to be confused with “FUD” (fear/uncertainty/doubt), often used as a catch-all to explain any given drop in the price of Bitcoin. These phrases also come to mind when it comes to small- and medium-sized banks as they explore blockchain technology.

Tassat® Launches Smart Contracts within TassatPay® for the Banking Industry and its B2B Clients

BW Smart contracts article

NEW YORK, March 24, 2022 –Tassat Group Inc., the leading provider of private blockchain-based, real-time B2B payment solutions for banks announced today that it is launching Smart Contracts, enabling bank clients to access customizable payment logic within TassatPay, making contracting and invoicing more efficient and effective while also reducing the potential for errors and fraud.

Forbes Blockchain 50 2022

WSJ Top 50 article thumb

Since WSJ’s inaugural roundup of the Blockchain 50, published in 2019, the billion-dollar companies (minimum, by sales or market value) on our annual list have moved beyond test projects and now rely on “distributed ledger” technology to do serious work.

Tassat® Generates Record Interest From More than 200 Banks in the Digital Interbank Network™ and Names New CEO

New ceo article

NEW YORK, February 3, 2022: Tassat Group Inc., sponsor of the Digital Interbank Network (The Network), today announced that they are in discussions with more than 200 banks about joining The Network, which will enable member banks to execute secure and instantaneous real-time payments and other banking services between their commercial customers, 24/7/365, via private, permissioned blockchains.

Cogent Bank to offer real-time, blockchain-based payments through TassatPay™

Tasat

NEW YORK and ORLANDO, FLA. (Jan. 11, 2022) –  Tassat Group Inc., the leading provider of blockchain-based, real-time solutions to banks, and Cogent Bank, a full-service commercial and retail bank, today announce Cogent Bank’s B2B clients will have access to TassatPay™, the only blockchain-based, real-time payment platform fully deployed within the U.S. banking system. TassatPay™ enables banks to provide their clients with instantaneous, secure, real-time payments 24/7/365.

U.S. banks give multibank blockchains another try

US Banks Give Blockchains article

About five years ago, U.S. banks began talking to organizations like R3, Ripple and Digital Asset Holdings and the Enterprise Ethereum Alliance about developing shared digital ledgers that would make the banks more efficient and help them work with one another for cross-border payments and other purposes.

Correction of Press Release Dated October 29, 2021

Tasat

** NEW YORK, Correction of December 27, 2021, to release of October 29, 2021– Tassat Group Inc, today announced the release of the next generation of its TassatPay™ platform which enables a real-time bank payment network. The Tassat platform enables US banks to deliver to their customers real-time secure payments 24/7/365 both within each bank and now across banks on the network.

America’s Future Depends on the Blockchain

WSJ Future Depends on the Blockchain article

WSJ: Bitcoin and other novel “tokenized” assets—so called because ownership is documented as a unique digital token on a ledger such as blockchain—recently reached more than $3 trillion in total value. The race is now on to tokenize all types of assets. Embodying ownership, rights and obligations in blockchain-based tokens is in many ways superior to our legacy financial infrastructure.