Reltime Launches Wrapped Fiat, CBDC Services
Reltime, a financial services platform with headquarters in Norway, has announced the availability of its wrapped fiat and CDBC services.
Reltime intends to transform the global financial environment and increase access to digital assets with these new services by providing instant, cost-free transactions backed by the confidence associated with fiat currency. Reltime facilitates the generation and minting of digitally “wrapped” fiat currencies, including USD, EUR, CHF, GBP, INR, and the top 100 global currencies, using its platform and smart app.
Within Reltime’s Layer 1 Proof of Authority blockchain, the service offers rapid, cost-free currency exchange. Additionally, the platform enables governments to produce and disseminate their CBDCs globally.
To ensure the user-friendliness of transactions, Reltime implemented a unique identity system that enables users to execute transactions using a mobile phone number, email address, wallet address, or QR code.
(With inputs from Shikha Singh)
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