In 2019, 50% of the payments made by U.S. businesses to their vendors or suppliers was by check.
This represented over $9 trillion in payments.
What does provide to solve this?
runs on SpeedChain’s proprietary technology that secures and automates transaction custody, validates data ownership and provides enhanced cyber security through a private blockchain ecosystem.
Smart contracts for business logic and transactions
Smart contracts for reporting, approved third parties and regulators
Distributed, immutable and secured data on permissioned nodes
AI and machine learning for data health and wealth