JAKARTA - D3 Labs announced its strategic partnership with Orbix Technology, in transforming cross-border payments and developing blockchain-based technology for financial services in Thailand, Indonesia, and the Southeast Asia region.

This collaboration will take advantage of the D3 Labs ecosystem, called the SeaSeed Network, as well as Orbix Technology's blockchain infrastructure, Quarix, to develop secure, efficient, and scalable financial technology, while ensuring compliance with applicable regulations.

"By dealing with real-world challenges, especially increasing cross-border payments between Thailand and Indonesia, we are trying to make transactions faster, safer, and cost-effective," said Managing Director of Orbix Technology, Yarnvith Raksri in a statement.

The main focus of this initiative includes:

"By combining our expertise and leveraging blockchain technology, we are targeting to create transformative solutions that increase efficiency, innovation, and regulatory compliance in the digital financial ecosystem," added Chung Ying Lai, Co-Founder and Co-CEO D3 Labs.

The two companies are committed to developing and sharing relevant products, services, and information to support the purpose of this synergy.

They will also ensure that their solutions comply with regulatory standards while working with government and private entities to encourage innovation and widespread technology adoption.


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