Expanding Practical Use of AUC

The Advanced Project said in TIER that it will expand the practical use of AUC tokens in small wholesale stores in Africa through API linkage with Nedbank, South Africa’s largest bank. TIER is a digital financial platform based on the blockchain technology of the Advanced Project, which mainly provides simple payments and cross-border remittances to the financially underprivileged. This app provides an opportunity for users to conveniently process financial transactions without complicated financial procedures or high fees, and users can utilize the safety and transparency of the blockchain to conduct financial transactions and use various financial services without cash. The collaboration with Nedbank has enabled en-Cash charging using credit cards and debit cards and account transfers (EFT) within the app, and by being applied to enable swapping to AUC tokens and P2P transmission between users, users can freely exchange digital assets within the platform, providing flexibility and diversity to users.

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