The Fintech firm of the United Kingdom Billon signed a letter of intent with the international financial services technology provider Fidelity National Information Services Inc. (FIS) to integrate Blockchain technology solutions, with the aim of innovating the spectra of finance.
Billon refers to himself as a "civilized Blockchain" company, which means he implements Blockchain to finally process fiat currencies. FIS is an international company based in Florida that has more than 55,000 employees in more than 130 countries and specializes in banking software and payment processing.
FIS will work with Billon to evaluate the use of Billon's "distributed architecture for document and identity management" for the FIS international fintech suite and "explore joint product development and sales opportunities for its portfolio of Blockchain corporate solutions "
According to the press release, Billon and FIS will also evaluate the potential to work together in corporate and SME payments, as well as micropayments for smartphones and other digital devices.
In early spring, Billion partnered with the largest credit bureau in Central Europe, the Polish Credit Office (BIK), to integrate Blockchain technology for the storage of customer data.
Implication
This is a reflection of the trend that currently exists in Europe, who after months of studies, research, evaluation and planning, are starting to move quickly with this technology.
If they are observers, they will appreciate that most of the news comes from European territory, China and South Korea, these being considered leaders in innovation.
The complete content is considered because they are acting as part of one and a part of all, that is, the projects are designed in a general way, allowing each country to adapt or implement their preferences, allowing different means but with the same essence.