DCS Innov leads blockchain revolution in APAC payments

Next generation payments is very much focused on blockchain technology.

Distributed ledger technology (DLT) is driving advancements in financial consumption, improving transparency, and ensuring secure transactions within the Asia-Pacific (APAC) region.

Ceridwen Choo, CEO of DCS Innov, said that blockchain technology is at the forefront of next-generation payment solutions, offering a robust framework that facilitates seamless interactions between multinational corporations (MNCs), governments, and financial institutions.

"Blockchain technology is driving the inspiration, advancements in financial consumption as well," Choo stated, underscoring the technology's potential to bridge the gap between traditional and digital finance, thereby ushering in the era of Web 3.0.

For small and medium-sized enterprises (SMEs) that may face challenges in digital transformation, Choo emphasised that DCS Innov's platform is designed to simplify this transition, enabling SMEs and retail brands to easily integrate blockchain-based services through APIs.

This approach not only aids in strengthening their brand and customer care but also handles maintenance, security, and governance aspects, particularly in cybersecurity.

The company's strategy involves partnering with specialised firms to ensure the security of blockchain operations, including the execution of KYT protocols to prevent tainted tokens from entering into the Web2 ecosystem.

"We actually partner with experts within the environment that provides security," Choo explained, highlighting the collaborative effort to safeguard digital assets.

Looking towards the future, Choo is optimistic about blockchain's role in commerce. Reflecting on the internet's evolution and its eventual ubiquity, she anticipates a similar trajectory for blockchain technology.

Choo predicted, "In the next two to three years, blockchain technology will better be given the keen interest," indicating a period of rapid growth and widespread adoption.

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