“DeFi Dashboard for the Enterprise”
As the DeFi economy starts to stand out, the traditional financial bank sector is introducing the fiduciarization of the bitcoin and ethereum. For example, on 11 February 2021, the New York Mellon bank(BNY Mellon), the United States global custody bank decided to handle digital virtual assets such as bitcoin and ethereum. Following the visa card, the master card also decided to include some part of cryptocurrencies in the payment system on 11 January 2021, and the financial authorities of Canada approved the bitcoin exchange-traded fund (ETF) of the Purpose Investment, the asset management corporation for the first time.
The traditional financial sector (share, stock market, etc) and the cryptocurrency market is getting closer because the cryptocurrency is now embracing both the growth asset and the data business. This shows the evidence that the traditional financial sector is recognizing the blockchain technology as the value of the network and also means that using DeFi assets in the real economy is becoming for real.
So, in order for fintech enterprises of traditional finance to keep up with the fiduciarization of the DeFi economy, we need to build a system that allows consumers to can make a payment with the DeFi asset. For building this system, CenterPrime developed the platform “Oracle Perceptron Operator” to help fintech enterprises to introduce the changed payment system easily.
The Operator is designed in the way of enabling the tokens, derivate from the DeFi assets, to entrust, and introduced the NFT processor system to provide various fintech services through the NFT token operation technology. Furthermore, the NFT processor system serves as the tool for authentication and provided functions are the following:
Wallet Authentication NFT for fintech enterprises to verify the wallet that is possible to entrust the DeFi
Remittance NFT to use the traditional financial remittance service as the decentralized service
Charging NFT to use the transportation card and the gift card point charging service connected to the traditional financial service
Payment NFT possible to make a payment at the various franchises using the traditional financial payment system
The oracle perceptron operator is the user-friendly assets management system provided to the financial institution, chain foundation, app service provider, and the contents provider only. Commonly, expansion of the DeFi industry will boom up because the oracle perceptron operator improved the user UX/UI, the issue that blocks the DeFi industry expansion, to user-friendly. The oracle perceptron operator will support the open banking chain of the traditional financial sector by providing a suitable environment for the implementation of the enterprise business and introducing universally to various industries by expanding from the financial service to the contents.
The CenterPrime project uses a Hyperledger private chain to share an open banking API to apps, connecting centralized finance to decentralized finance. Also making smart pairing data for loan, remittance, exchange, payment, and exchange rate information possible to be included in fintech oracle networks.