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Home Altcoins

Vechain (VET), SafeHaven Present Solution To Cyprus’ SEC, To Launch Payment Gateway In 2019

by Esme Anderson
December 26, 2018
in Altcoins, Cryptocurrency
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A strategic partner of Vechain Foundation utilizing the VeChainThor Blockchain network (VET), Safe Haven, disclosed that it was given the opportunity to showcase the solution which its offers together with Vechain blockchain technology, to the Cyprus Securities and Exchange Commission (CYSEC) to transform the country digitally.

Safe Haven, was at the same time given the preference of applying for the innovation hub in the country. This, if granted access, will assist the two companies in spreading their reach within the country.

Our CEO and COO had the chance to present our solutions to CYSEC and apply for the innovation hub in Cyprus! Thanks to our advisor @_DiNeocleous for the introduction! #SHA #VET @a_demeulemees @CryptoLogino pic.twitter.com/BGQAzvib7o

— Safe Haven (SHA) (@SafeHavenio) December 21, 2018

While acknowledging the development, the Ecosystem Ambassador of VeChain (VET), Dimitrios Neocleous, said Vechain and Safe Haven were both in Cyprus to discuss the digital transformation of the island.

Neocleous added that the discussion will in 2019 fruit the launch of a payment gateway solution by the two firm.

In Cyprus we discussed with key players about the digital transformation of the island and how Safe Haven and VeChain can contribute to that. Our digital inheritance/payment/Thorblock v2/TAN solutions are ready to launch in 2019. Merry Christmas! #SHA #VET #OCE #VeFam $btc pic.twitter.com/W9Dl7apE4P

— Dimitrios Neocleous (@_DiNeocleous) December 23, 2018

Safe Haven also mentioned that it was also able to exhibit the technology one of the big four in the country, KPMG.

Showcasing our solutions to one of the big four in Cyprus. Thank you @KPMGCyprus for giving us the opportunity to have a fruitful discussion! #VET #SHA pic.twitter.com/FvUDbNjC4s

— Safe Haven (SHA) (@SafeHavenio) December 21, 2018

Established in 1948, KPMG is a global network of professional services firms providing Audit, Tax and Advisory services in Cyprus and beyond.

Added to the glory, Safe Haven was also granted support by the Investment Promotion Agency of the country, Invest Cyprus, and the National Chief Scientist.

While this seems to signal the fulfillment of Safe Haven’s aim, the firm, after partnering Vechain (VET) vowed to admit users to a host of necessary solutions for continuity.

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