The functionality of multiple payment services in one simple Private DLT solution
Wallet-as-a-Service
Company Achievements
White-label integrated payment platform
Neawallet merges R3’s Corda network with an EMI and DLT License, delivering a powerful, secure, and customizable white-label closed loop payment solution.
Corda is a Private DLT trusted by regulated institutions, where users can exchange value from one network to another. With privacy, security and control. Our solution delivers payment services powered on Corda’s permisioned smart-contract enabled ledger.
Key Features and Benefits
Give control to merchants over their payments allowing them to issue, process, and clear their own transactions, communicate with their consumers, and build revenue generating payment services.
Our unique selling points
Neawallet combines some of the most sought after payment services with an industry leading payment platform to bring to merchants a complete solution like no other.
- We seamlessly integrate with multiple payment services via API
- Neawallet by design utilizes account to account payments
- Infrastructure for intelligent loyalty programs and personalized promotions
Easy step to use NeaWallet on any device
While the concept is simple a place to store your crypto & use choosing fugu crypto wallet can be an incredibly experience.
Integration
We seamlessly integrate with multiple payment services via API connections to our Private DLT solution providing businesses with an all-in-one platform. No need for extra hardware.
Account to account payments
Neawallet by design utilizes account to account payments that reduces transaction costs and optimizes clearing resulting in significant cost savings for businesses.
Advanced Loyalty as a Service
Our platform offers the infrastructure for intelligent loyalty programs and personalized promotions that can enhance customer engagement, and drive revenue growth.
Do you have any questions about Private DLT? Ask us
Frequently asked questions about Private DLT technology. Wallet security for conducting trusted transactions.
Q. What is Private DLT?
A Private DLT (Distributed Ledger Technology) is a decentralized network where access to participate in the network and verify transactions is restricted to a select group of known and trusted entities. Unlike public DLTs, which are open to anyone, private DLTs offer higher privacy, control, and governance to the participants.
Q. What kind of private DLTs are there?
There are several types of private DLTs. Some are permissioned, where participants must obtain authorization to join and access the network, while others are consortium-based, where a group of pre-selected organizations collaboratively manages the DLT to maintain control and confidentiality over the data and transactions.
Q. How safe is a private dlt?
The safety of a private DLT depends on various factors such as the security measures implemented, the trustworthiness of participants, and the network's governance. When properly designed and managed, private DLTs can provide a higher level of security and data privacy compared to public DLTs, but they are still susceptible to internal threats and vulnerabilities if not adequately protected.
Q. How and what can you buy on a private dlt closed loop economy?
In a private DLT closed-loop economy, participants can transact using a native digital asset or cryptocurrency specific to the network. These digital assets can be used to purchase goods, services, or access specific features within the closed-loop system, where the rules and regulations are determined by the governing entities or participants themselves.
Q. What regulations are required to operate on a private DLT?
NeaWallet has purpose build our platform with the strictest regulations in mind. Compiling and above the industry standards.
- Data Protection: Compliance with the General Data Protection Regulation (GDPR) is crucial to safeguarding the personal data of individuals involved in the DLT network.
- AML/CFT: Adequate Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) measures are necessary to prevent illicit activities and comply with relevant regulations.
- Financial Regulations: If the private DLT involves financial instruments or services, it may be subject to financial regulations, such as MiFID II (Markets in Financial Instruments Directive II) or PSD2 (Payment Services Directive 2).
Q. Why have we chosen Corda as our Private DLT?
Corda is a Private DLT trusted by regulated institutions, where users can exchange value from one network to another. With privacy, security and control. Our solution delivers payment services powered on Corda’s permisioned smart-contract enabled ledger.