Executives central to the Findora finalize strategic partnership with MoneyMoov

Amityville, New York Feb 12, 2021 (Issuewire.com) – We are excited to announce a partnership agreement with MoneyMoov, a Fintech company that develops and provides innovative frictionless electronic payment services for the peer-to-peer domestic and international movement of money, mobile commerce, and other mobile-based payment services for consumers, businesses, and governments.

“I believe that Findora is perfectly positioned to address some of the industry’s most significant challenges,” said Chairman and CEO of MooneyMoov, Andre Itwaru “Findora has the secret sauce with its focus on supporting the creation and distribution of digital asset tokens and utility tokens, along with its abilities to facilitate confidential, compliant financial transactions.”

Findora provides confidential yet auditable financial transactions and intersects with MoneyMoov’s interest and experience in creating efficient mobile payment services that are in full compliance with regulatory guidelines. In addition, Findora’s financial passports pull together user information including financial identity, credit ratings, scores, and anti-money laundering checks that are foundational requirements for the financial services sector.

“We’re thrilled to partner with MoneyMoov and innovate together on the future of the payments industry,” said Matt Arney, Head of Growth at Findora. “Uniting MoneyMoov’s impressive volume and track-record with Findora’s global decentralized finance infrastructure will benefit users and enterprises in all corners of the world.”

Together, Findora and MoneyMoov will collaborate on creating secure financial transactions and enhancing data security. Protecting the identity of consumers will help position MoneyMoov as the ideal platform for global financial transactions and payment services.

DeFi with Findora

Decentralized Finance (DeFi) offers a good level of transparency and security for the members of the community in the project. Our founding team has brought some special solutions to eliminate the key problem available in the blockchain. Findora and their team members come up with a solution by eliminating the public blockchain intermediary so the Private Blockchain and Discrete Blockchain can trade with each other. 

Finodra platform thus can enable the development of the application, decentralized finance (DeFi), and cryptographic tokens/transactions. These data must have a degree of security associated with them so that one can not be able to fraud with anyone. The members of the community of Findora must learn from this and not fall into the trap.

We have achieved things in our project which are impossible to many of us at the Findora Foundation with our open financial network which includes the latest technologies such as Zero-Knowledge proofs (SNARKs, ZK-Rollups, and more) in the project. The founding team is working hard to make the original code and which is built in-house. All the Findora codes which we have used in the platform are genuinely original and created by our findora team considering the best security with the highest performance in mind.

Much of our code will be released to the community via open source on a rolling basis by the Findora Team. It will be made available on our GitHub page, and announcements will be made here, on our official blog related to the project. Furthermore, at Findora, we are currently operating our Testnet which developers can participate in right now. Mainnet is currently in development and well on track for a Q1 2021 release. 

 

About MoneyMoov Payments Inc.

MoneyMoov is a financial services technology (‘FINTECH’) company that focuses on providing frictionless innovative, user-friendly, and compliant electronic payment services for both domestic and international transactions.

 

About Findora

Findora is building a global decentralized financial network for the creation and use of confidential assets and smart contracts. The Findora blockchain achieves privacy-preserving transparency, operates with the best-in-class security features, and uses ZK-Rollup technology. Its flexible technology can also be used to replace enterprises’ current infrastructure or be deployed in the cloud as sub-networks (side-ledgers) — all interoperable with the public Findora blockchain.

Findora enables assets of any nature on its network — fiat, cryptocurrencies, equity, debt, and derivatives. Its mission is to address the challenges that exist when supporting a wide spectrum of assets and diverse financial use cases, whilst providing confidentiality and retaining transparency.

Recently, Findora had a very successful token sale. The blockchain project has introduced many unconventional solutions to age-old financial problems right from cryptography to the time and investment required to create a custom blockchain for a given financial project

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