Key Features of Lyned technology:- PDC is the first electronic money tool fully pegged to each fiduciary currency, ensuring stability in wholesale, retail, and digital cross-border payments.
- The private centralised tailored foundation, built on blockchain technology, enables cost-free and instantaneous operations, settling a remarkable 14,000 transactions per second.
- Lyned offers a secure and compliant system, fully aligned with PSD2 regulations and incorporating three layers of embedded security.
- The Woodford team has started establishing subsidiaries in various countries to set up joint-ventures and partnerships with local banks.
Advantages for Lyned Partnerships:- Lyned provides local and regional banks with exclusive access to cutting- edge clearing, settlement, and digital payment services.
- Lyned’s technology surpasses SWIFT and national clearing institutions, offering advanced transaction tracing and a revenue-generating model distinct from traditional transaction fees.
- Lyned’s PDC usage within the ecosystem generates a permanent balance of liquidity for partnering banks.
Advantages for Banks:- Lyned’s virtual card and POS solutions reduce costs related to physical acquisition and deployment.
- The technology facilitates instant, cost-free interbank transactions, electronic payments, and settlement, rivalling major card networks and global payment systems.
- Lyned technology seamlessly integrates with existing banking cores, requiring minimal operational changes and ensuring a smooth transition.
Lyned’s Global Expansion and Strategic Roadmap:- Ongoing negotiations for Lyned implementation in the UK, EU, Saudi Arabia, UAE, India, Africa, Australia, New Zealand and Latin America
Leadership and Advisory Team:Dragos Stanescu, Founder and CEO, is a seasoned expert with extensive experience in international banking and finance. Educated at the Academy for Economic Studies in Bucharest, he holds a PH.D. degree, and has worked for the World Bank, Bank of England, and U.S. SEC.
Matthew Filipidescu, COO, has a background in corporate banking, corporate finance, and successfully led an IPO at BCR Erste Bank.
Alex Neata, CTO, specialises in cyber security and banking solutions design.
Woodford Finance invites potential partners, banks, and stakeholders to explore the transformative potential of Lyned technology in shaping the future of digital payments.
For more information contact
office@woodford-finance.com.