Ivy is a blockchain based technology for FIAT & Cryptocurrency business transactions which require verification in the international monetary system. The Ivy Network utilizes IVY tokens which will carry Know your Customer (KYC) and Know Your Transaction (KYT) to meet the verification requirements for transactions.
In a truly global financial market place, there is a very real need for fast & secure transactions that meet KYC & BSA / AML requirements for not just traditional FIAT currency, but also cryptocurrencies as well.
Ivy bridges the gap between the centralized traditional banking & payment systems and the decentralized blockchain network to leverage the best of both worlds – fast, decentralized processing that meets the regulatory requirements of Financial Institutions around the world.
For an individual and/or business Ivy presents the opportunity to make payments in cryptocurrencies to third parties and for the third party to receive cash.
To the banks Ivy opens new channels of deposits that will ultimately provide more revenue for financial institutions, reduce fraud losses and provide for significant automation of existing manual processes leading to substantial cost savings.
Ivy bridges the gap between the centralized traditional banking & payment systems and the decentralized blockchain network to leverage the best of both worlds…
