Flipside | June 30, 2022
ShroomDK, an NFT-based SDK that offers programmatic query access to the most complete blockchain data available anywhere, was just released by Flipside Crypto, a leading blockchain ecosystem growth and analytics business.
Open access to blockchain data is a foundational component to enabling the growth of Web3 ecosystems. The ability to query that data programmatically has been a critical piece of missing infrastructure for blockchain developers and analysts. An SDK solves that, but one enabled via a SaaS-inspired NFT brings added Web3 advantages of not just community, but flexibility for future utilization. It might be upgrades to additional toolkits, power-ups, or even the ability to sell components of your access if you determine it's no longer a fit."
Jim Myers, Co-Founder and CTO, Flipside Crypto
Developers can programmatically query data on a wide range of blockchains using ShroomDK NFTs, including historical state Ethereum access, Layer 2s like Arbitrum and Optimism, additional EVMs like Avalanche and Binance Smart Chain, and multi-chain access to Flipside L1 partners like Solana, NEAR, FLOW, Thorchain, and Algorand.
An SDK is about applying data to nurture and grow products and derive benefits via insights. Mushrooms are very similar, as they release spores that germinate and spur new growth, and then decay into nutrients that feed the entire ecosystem."
Dave Balter, Co-Founder and Chief Executive Officer (CEO), Flipside Crypto
PrimeRevenue | June 28, 2022
FIRA (Trust Funds for Rural Development), a second-tier development bank that offers credit and guarantees among other products to the agriculture, livestock, fishing, forestry and agribusiness sectors in Mexico announced a new partnership with PrimeRevenue, Inc., the leading global provider of technology-enabled working capital solutions
eFactor's digital solutions, powered by PrimeRevenue's technology, will help streamline the funding of FIRA with its network of Banking and Non-Banking financial intermediaries (IF's). The foregoing will facilitate FIRA funding in the eFactor Marketplace, which is estimated to close with more than $7.5B USD in 2022.
This innovative model of connecting Bank with Bank, in this case, FIRA with its network of FIs and NBFIs, is created to facilitate factoring programs for clients related to the rural, agricultural, forestry and fishing sectors, as well as localities with a population of up to 50,000 inhabitants.
This is what we are seeking: to specialize and deepen services to the agribusiness sector with a leading technology company. It is an alliance where FIRA wins because it extends services with the help of technology, and we believe that eFactor wins to the extent that it can extend its services of value for the agribusiness."
Jesús Alan Elizondo Flores, Managing Director of FIRA.
With this alliance, FIRA extends its financial services to small, medium and large producers, for working capital and factoring. Once migrated to the FIRA portfolio, they will be able to use the resources through the eFactor Network technology's platforms.
As a pioneer in global B2B payments, the PrimeRevenue SurePay Platform connects the entire supply chain by improving working capital and automating digital payments. Thousands of companies around the world leverage one streamlined platform to increase payment visibility, enhance control, and improve cash flow. PrimeRevenue is headquartered in Atlanta, with offices in London, Prague, Hong Kong, and Melbourne.
About eFactor Network
eFactor Network is a fintech company, leader in working capital financing in Mexico, started in 2009 with the vision of helping large purchasing organizations improve their working capital by extending payment terms without increasing the burden of their supply chain, as well as to serve its suppliers by giving the option of obtaining an advance payment at attractive financing rates. It has alliances with development banks such as IFC World Bank, IDB Invest, Bancomext, BLADEX and PrimeRevenue; today it has more than 15,000 clients and a presence in 20+ countries where they pay company suppliers in various currencies.
CloudWalk | June 28, 2022
CloudWalk, a Brazilian fintech company that offers payment solutions for small and medium-sized businesses, has reached a new milestone: it will launch its own blockchain, a ledger that records cryptocurrency transactions and operations. This announcement comes just seven months after CloudWalk announced it had raised US$150 million in a new investment round and had reached a market valuation of US$2.15 billion.
To grow the business is the objective, which has already been accomplished. With its own network, it can process 500 transactions per second, which is 70 times more than before it was based on Ethereum and Polygon and other blockchain platforms. The ambitious target for the upcoming months is to process 5,000 transactions per second.
Blockchain makes this speed possible. For instance, it can take up to a day for store owners to collect their money when they use Visa or Master. They can receive the funds in as little as two seconds using blockchain and our currency, The proprietary ecosystem will be responsible for the entire Smart Lending platform, which includes money storage, as well as authorization and settlement of payment transactions. CloudWalk intends to make the financial industry more agile and efficient."
Luis Silva, The CEO and Founder, CloudWalk