Blockchain companies are not hard to come by. Hundreds of firms are actively working on products and services based on this technology. Omnitude is one of the many blockchain platforms in the industry. It is now teaming up with ImageNPay to venture into the payment sector.
Every blockchain firm is of interest to financial service providers. ImageNPay has made a name for itself through their eWallet and mobile payments app. It is now tapping blockchain outfit Omnitude to explore new use cases. Omnitude offers easy and fast solutions for companies looking to experiment with distributed ledgers.
Another Financial Blockchain Partnership
The firm positions itself as a middleware layer between legacy and contemporary systems. Integration blockchain into legacy systems has not been the most successful venture so far. These technologies do not mix well, and a “bridging’ solution needs to be found.
ImageNPay President and Founder Michael Donald adds:
“Partnering with Omnitude is enabling us to integrate blockchain into our solution and help our progressive clients engage consumers with the new levels of control and personalisation they now expect. We are already using blockchain to authenticate loyalty points, define ownership and register the owner on the blockchain. We see blockchain already transforming sectors of the payment industry and the Omnitude platform provides a host of other unique benefits that we are looking to announce over the coming months.”
As part of this partnership, the Omnitude ID product will be integrated into ImageNPay’s products. Driving consumer engagement across the payment ecosystem will be the main priority for both companies moving forward. It is a pretty major milestone for both companies, as they seek to disrupt global payments, loyalty services, and marketing.