A full suite of fintech services, including tokenization, payments, and capital and risk management services, is available for businesses that previously did not have access
HOUSTON, June 30, 2022 / PRNewswire / – Qenta, Inc. (Qenta), a financial services and infrastructure platform with cutting-edge technology and enterprise-grade proprietary blockchain, the Qenta operating system, today unveiled a suite of enhanced and integrated financial solutions. With a focus on Africa, Latin America, Asia-Pacific and theEurope Central and Eastern, Qenta offers tokenized assets, multi-token wallets for digital banking, cashless payments and commodity risk management services and helps solve the access, connectivity, compliance and foreign currencies faced by many companies in these emerging markets.
“Many companies around the world do not have access to the full range of financial services needed to be truly successful beyond their local borders, and bringing the services of individual vendors together can be a time-consuming process,” said the President and CEO. by Qenta, Brent De Jong. “Qenta brings together previously unrelated services on a single platform, making a suite of technologies and solutions accessible to companies in emerging markets. For example, farmers using our risk management and foreign exchange services can now access digital currencies for payment and programmable currency features. They can also get faster funding through blockchain-based supply chain monitoring. Thanks to Qenta, users can now benefit from the efficiency of converging technologies. “
Qenta’s broad range of interconnected financial services and global goals represents a vast addressable market of more than $ 500 billion. High-growth emerging markets accounted for a significant portion of Qenta’s revenues 2021 and This segment is expected to contribute the majority of total revenue by 2026.
Kerim Chouaibi, managing director of Qenta Payments and board member of Qenta, said: “Qenta is uniquely positioned at the intersection of capital and risk management, payments and tokenization to provide comprehensive financial connectivity and relationships across global markets. and small and medium-sized enterprises in – growing emerging markets. As small and medium-sized enterprises in developing countries grow and their needs change, they can easily and seamlessly leverage all of these offerings, all while staying on the same platform. . “
The Qenta Operating System (QOS) is a third generation authorized private blockchain and supports tokens that represent fiat currency, cryptocurrencies, commodities, or other units of value such as frequent flight miles or mobile phone plans. After launching the G-Coin® token, a digital gold asset for saving, sending and spending gold in 2018, its smart contract tools allow users to customize financial transactions of any size and complexity. from cross-border remittances, to guaranteed loans and loans, to link payments to the origin and delivery of goods.
A fast-growing, trouble-free financial services ecosystem requires a strong global regulatory footprint, and Qenta operates as a monetary services firm in 33 U.S. states and holds financial licenses in other key markets. It executes over 1.4 million transactions per month and has over 5,000 active customers. Third party developers can now access QOS to build additional distributed applications knowing that Qenta’s customer base meets stringent regulatory requirements.
Qenta is made up of three divisions: Qenta Tokenization offers patented asset tokenization solutions, multi-token wallets for digital banking and scheduled payment services based on the G-Coin® token, a gold digital asset; Qenta Payments offers processing of cashless payments, multi-currency accounts, debit and credit cards on mobile platforms; and Qenta Capital & Risk Management provides specialized hedging products and margin financing for soft commodities and precious metals.
Qenta, based in Houstonto Texas, has offices on 5 continents and employs over 400 people. It offers the highest level of security and compliance and is regulated by financial clearances in Bermuda, Brazil, Dubai, Ghanato LuxembourgSwitzerland and the United States.
By reducing problems and providing better access to financial products and services, Qenta aims to create borderless and democratized financial ecosystems to help businesses and citizens around the world.
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