back Back

Tintra files digital wallet-linking patent to revolutionise global banking

By Edlyn Cardoza

June 17, 2022

  • Borderless Banking Infrastructure
  • Digital Wallets
  • IP

 Tintra, Web3, UK Patent Application, Digital Wallets, IP, UKTintra PLC, a fast-growing RegTeg utilising artificial intelligence and Web3 technologies to build a revolutionary, global, borderless banking infrastructure, has filed a UK patent application to protect new IP for linking independent digital wallets across Web3 and traditional systems.

Tintra’s groundbreaking IP facilitates the verification and authentication of independent digital wallets, which in the context of Web3 allows for the rapid linking and operation of regulated and unregulated digital wallets across disparate platforms.

In practice, this will allow for greater friction lessness when transacting within Web3 and between Web3 and traditional banking systems; and, more generally, between developed and emerging world markets. Legacy banking and Web3 have viewed one another as an existential threat.

Tintra’s technology has been developed as part of an intensive three-month R&D phase, in which Tintra has been creating a global banking infrastructure to remove the bias in traditional finance via machine learning and built upon Web3 tech principles.

Richard Shearer, CEO and Founder of Tintra, comments: “Through Tintra’s groundbreaking, proprietary technology and IP, along with bank licences across four jurisdictions, we are endeavouring to change the way that developed and emerging economies transact with each other. This patent application marks not only the first revealed output from our latest R&D phase, but another piece of the broader puzzle, as Tintra weaves together multiple financial infrastructures, next-generation technologies, and cultures, in order to solve problems that, until now, have only been talked about.”

Previous Article

June 17, 2022

SellersFunding launches two financing solutions for small businesses

Read More
Next Article

June 17, 2022

Mazepay receives a pan-European payments license From the Danish Financial Supervisory Authority

Read More

IBSi Daily News Analysis

February 20, 2024

Borderless Banking Infrastructure

GCC banking landscape: UAE and Qatar lead in net sentiment

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 21, 2024

Signzy acquires 8i funded Difenz to advance AI compliance solutions

Read More

February 20, 2024

Detected & Visa to enhance SMB onboarding in the US and Canada

Read More

February 20, 2024

TransactionLink signs partnership with Know Your Customer

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023