Kaleido
Case Studies
Project i2i: An Enterprise Ethereum payment network driving financial inclusion in the Philippines
Overview
Project i2i: An Enterprise Ethereum payment network driving financial inclusion in the PhilippinesKaleido |
Application Infrastructure & Middleware - Blockchain Platform as a Service (PaaS) - Connectivity Platforms | |
Finance & Insurance | |
Business Operation | |
Asset Health Management (AHM) Fleet Management Real-Time Location System (RTLS) | |
Cloud Planning, Design & Implementation Services Data Science Services System Integration | |
Operational Impact
Creation of a verified chronological digital ledger of remittances that enables immediate visibility of cash inflows and outflows across each partner bank | |
Streamline of banking operations - eliminating at least 20 intermediation steps required to complete a domestic transaction - into one seamless process | |
Faster transaction times and lower costs | |
Quantitative Benefit
The i2i platform is scheduled to launch in Q1.2019 with 130 rural bank partners, aiming to service millions of previously unbanked Filipinos. | |
Project i2i has received clearance and support from the central bank of the Philippines (Bangko Sentral ng Pilipinas) to operate as the country’s first Ethereum-based payment network for domestic remittances. | |