I choose you! metaco_sa, an enterprise cryptocurrency platform for securing, trading, issuing, and managing digital assets, announced the addition of unionbankph, one of the largest banks in the Philippines, as its latest client.
On Thursday, Metaco, an enterprise cryptocurrency platform for securing, trading, issuing, and managing digital assets, announced the addition of UnionBank as its latest client. Founded in 1982, UnionBank is one of the largest banks in the Philippines, with a collective $15 billion in assets under management. UnionBank will be also be deploying its digital asset management services on the IBM Cloud, which are fully integrated with Metaco's solutions.
Through the integration, UnionBank will be able to improve the insurability of assets with FIPS 140-2 Level 4 certified controls for managing and migrating keys. FIPS 140-2 is the highest level of U.S. government computer security standard. In addition to detecting and responding to all unauthorized attempts at physical access, the protocol also protects against environmental factors that lead to data loss or leak.
At the same time, Metaco's solutions enable use cases for financial institutions, such as trading, tokenization, smart contract management, and participation in decentralized finance. Henry Aguda, UnionBank’s Senior Executive Vice President, Chief Technology & Operations Officer, and Chief Transformation Officer, issued the following statement regarding the development:
We have a passion for meaningful and sustainable reinvention. We value our strategic partners, like METACO, and collaborate with them in an alliance that is meaningful in pursuit of a shared vision. And for UnionBank, that common vision is customer-centricity driven by emerging technologies and innovation.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Man charged with murder of nurse waiting for bus at L.A.’s Union StationSandra Shells, 70, was punched in an unprovoked attack Thursday morning, police said. She died days later.
Read more »
Russia needs to stop clinging to the idea of reviving the Soviet Union, Ukraine ambassador says'Russia needs to reinvent itself as a modern state,' Vsevolod Chentsov, the Ukrainian ambassador to the EU, told CNBC Tuesday.
Read more »
Cleanup Work Continues Along Union Pacific Railroad After String of TheftsCleanup work continued on Monday on miles of trash along the Union Pacific Railroad in Lincoln Heights, in the same area where one of its trains derailed over the weekend. Union Pacific sent crews to clean up the trash as it was meeting with the city to try to put a stop to it, but both sides seem to be…
Read more »
MLB Lockout FAQ: What's in It for Owners, Union to Agree QuicklySeven weeks into MLB’s lockout, we try to answer the most pressing questions involving talks on a new CBA and the status of the 2022 season.
Read more »
UnionBank of the Philippines Picks IBM and Metaco for Crypto CustodyLeveraging IBM’s key management capabilities, Metaco’s Seamus Donoghue said there are a number of similar deals in the pipeline.
Read more »