Keeta, a blockchain network for payments and digital asset transfers, has opened its ecosystem to third-party anchor providers. Qualified fintech companies, banks, developers and infrastructure providers can now apply to have their services available through the Keeta network.
Previously, only services from Globetrot Financial Services, Keeta’s financial services subsidiary, could be accessed through the platform. Now, approved providers will be able to offer services such as bank deposits and withdrawals, foreign exchange, stablecoin transfers, tokenized real-world assets, loans and other financial products. Each anchor provider will complete a compliance assessment before joining the ecosystem and will be continuously monitored for compliance.
The new system uses the Globetrot Resolver, a discovery service that connects users and applications to approved anchor providers across the network. All official Keeta products, including the personal wallet, APIs, SDKs, and developer tools, will use this solver for provider discovery. At the same time, official Keeta products will stop supporting third-party solver services.
To support the solver and compliance program, Globetrot charges small transaction fees for currency and asset transfers, along with a monthly compliance fee for participating providers. A portion of the revenue generated through the solver will be used to purchase the KTA token and burn it permanently.
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Credit : cryptonews.net
