Finance News
By Steven Anderson
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Stellar Lumens (XLM) Anchor Tempo
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Cross Border payments between Nigeria and Europe was made easy by Cowrie Exchange and Tempo in 2020.
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Commenting, Sydney Ifergan, the crypto expert tweeted: “Stellar Lumens (XLM) through their many anchors will very soon become the proxy representative for major and minor…
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Cowrie Integrated Systems are a financial technology company who are facilitating value added services over electronic payment networks. Cowrie issues NGNT tokens.
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Tempo is the principal EU anchor for Stellar Blockchain payments. Being an electronic payment institution, Tempo does the job of ensuring pricing in terms of foreign…
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Suren Hayriyan, Executive Director at Tempo expressed, “We agreed that we were going to use blockchain technology and specifically this stablecoin only if it would really help…
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Cowrie and Tempo knew the potential of blockchain technology and therefore they decided to build their solution on the Stellar Network.
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It is well known that traditional remittance flow methodologies are very slow and cumbersome, thereby making remittance difficult.
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Tempo has witnessed customers who have been struggling to make international payments. Tempo is now looking for solutions in a way to work in compliance with stricter…
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While all these are happening, it is very difficult to exchange currencies, which are traded in a low scale in the international market.
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Cowrie Exchange saw this problem with customers who wanted to exchange Nigerian Naira but had no cost-effective way to be doing this.
The Currency Analytics
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