ioCash Now Available in Kaleido’s Enterprise Blockchain Platform Marketplace
We are excited to announce that ioCash is now available on Kaleido’s 3rd party marketplace of enterprise blockchain capabilities. See the ioCash Listing on Kaleido here.
Kaleido’s Blockchain Business Cloud is the industry award-winning SaaS enterprise blockchain platform that provides a turnkey solution to accelerate the entire blockchain journey — from PoCs to live production modern business networks. Kaleido is used by multiple industries for a wide range of use-cases, and it is the perfect platform to set-up and manage the blockchain network on which ioCash is deployed.
ioCash is the world’s first B2B platform that makes it possible to operate with regulated fiat money directly on blockchain. Leveraging the power of Smart Contracts and an enhanced Ethereum ERC-20 standard, the ioCash platform enables programmable money and complex payments.
Enabling legal e-money on blockchain opens a myriad of possibilities, both for blockchain companies and products that need to use fiat money on their solutions, and for traditional enterprises that are looking to tap into the potential of distributed ledger technology. Use cases abound in areas such as International trade, E-commerce, Legal disputes, Tradeable Financial Assets, Crowdfunding, and more.
Kaleido is a digital transformation platform for consortia that offers blockchain-as-a-service, B2B collaboration services, network governance, insights and monitoring, apps and integration, smart contract management, digital assets services, cross-cloud configurations and private stack software for hybrid networks, along with a marketplace with third-party integrations, developer tools, and connectors.
Using ioCash on Kaleido provides a myriad of benefits:
Digital Transformation for Modern Business Networks
Stand up an optimized, production-ready blockchain in minutes using Kaleido. Member onboarding and scaling are built-in and instantaneous with automated tools and workflows so you can grow a business network with ease. Kaleido is an all-in-one managed blockchain platform you can trust with enterprise-grade in its DNA, such as ISO 27000 Certification and Secure Key Management.
Multi-Protocol, Cross-Cloud
Kaleido’s SaaS platform provides multiple protocol (Ethereum, Corda), geography & cloud (AWS, Azure, & on-prem/hybrid) options to seamlessly run permissioned blockchains.
Full-Stack Enterprise Blockchain Platform
Going beyond just the chain, Kaleido provides a full-stack of plug-and-play blockchain tools and services and patterns of deployment to build complete blockchain solutions for today’s modern business networks, including:
- B2B Collaboration
- Digital Assets
- Apps & Integrations
- Key Management
“Kaleido has been running thousands of networks globally, offering built-in high availability and disaster recovery, with 99.99% uptime achieved over the last two years” says Kaleido Co-founder & COO Sophia Lopez. “Kaleido’s enterprise blockchain platform provides one native network across clouds, regions, and on-premise deployments, and offers the industry’s highest levels of security and compliance. It is the first blockchain SaaS to have achieved ISO 27000 certification.”
Many of the leading enterprise blockchain consortia in production today across trade finance, supply chain, payments, banking and more, rely on Kaleido for continued innovation across the open-source and blockchain communities and for enterprise-grade performance, scalability, business continuity, and 24/7 support.
ioCash provides a range of benefits, including:
Open Banking on Blockchain
ioCash provides full interoperability between blockchain and traditional, regulated monetary system, bringing all the benefits of the revolutionary technology to fiat money and payments.
Receive and Send Electronic Money
With ioCash you can create electronic money accounts with IBAN and connect them to Ethereum addresses in the network where ioCash is deployed. The account can receive and send payments of electronic money both through the banking system or blockchain.
Legally Compliant
ioCash is a fintech platform working under an Electronic Money European license, meaning that money in ioCash is fully regulated and legally compliant, just like funds in a traditional, regulated bank account.
Smart Contract and RESTful API Interfaces
ioCash provides different payment functionalities, from opening e-money accounts to managing payments, in a single and easy-to-integrate solution. Both RESTful APIs and smart contract interfaces are available to use ioCash functionalities.
Easy integration
Integrate in your application easily thanks to a developer friendly API, complete online documentation, and outstanding tech support. Once you are set-up, your Smart Contracts can interact with the accounts and money directly on blockchain.
ioCash as a tech stack
Apart from being available as a FaaS with its own Electronic Money license, ioCash is also available as a pure tech stack for financial institutions that already own a banking or electronic money license (and even central banks), enabling them to tokenize their own accounts and expand their capabilities through the use of blockchain technology.
Fintech Payment Features
ioCash provides account and payment features needed by any fintech platform or blockchain application through a single integration, including:
- KYC through user phone and ID verification.
- Sending payments to external bank accounts through SEPA transfers.
- Scheduling payments.
- Requesting escrows by holding funds in user wallets.
- Instant payments between e-wallets, which can be requested via API or smart contract.
- Receiving payments from the financial system through multiple means, such as SEPA transfers and credit cards, with payment initiation, and direct debit. (coming soon)
- Support for multiple currencies and joint accounts. (coming soon)
A bright future ahead
The collaboration between ioCash and Kaleido is truly significant and will benefit greatly those looking for enterprise blockchain solutions that need regulated payments. For current Kaleido users, it opens the door to the use of fiat payments without the need to employ stable coins or other non-regulated alternatives. For ioCash clients and prospect clients, it introduces the most complete and widely used enterprise blockchain platform to accelerate their blockchain journey. Adopting fiat payments on blockchain was truly never easier than now. Stay tuned for more news!
