Advanced Project Conducts Innovative Financial Service Testing
The Advanced Project, a pioneer in financial technology, is making significant strides in the internationally acclaimed IFWG (Intergovernmental Fintech Working Group) regulatory sandbox. The project aims to provide cross-border easy payment and remittance services for unbanked populations in Africa and Southeast Asia, harnessing the power of the AUC token. The IFWG regulatory sandbox serves as a vital platform for experimenting with new technologies and business models within existing regulatory frameworks and for developing future regulatory frameworks. The participation of the Advanced Project highlights the sandbox’s role in fostering innovation and facilitating secure experimentation. The Advanced Project closely collaborates with IFWG to contribute to the improvement of regulatory frameworks and to support financial innovation. The outcomes of this project are expected to enhance cooperation between financial technology companies and regulatory authorities, increase the stability and efficiency of financial services, and promote financial inclusion.
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