Signature Bank will be the first bank to integrate into the network fireblocksby providing their customers with access to the digital payment platform Signet Digital Payments.
Cooperation with the Fireblocks network
It is an enterprise-class platform, integrated with the Fireblocks network, designed for storing and trading digital assets, while ensuring a high level of security.
The merger with Fireblocks allowed us to improve the quality of the services provided, which must be adapted to the ever-growing needs of digital customers. Both companies share the same philosophy related to ensuring security and availability of resources at any time of the day or night, seven days a week.
The billing system is even simpler
Signature Bank was the first bank to provide its commercial clients with access to a real-time payment platform based on the Signet blockchain via the Fireblocks network.
Signet Digital Payments, which is a tokenized representation of USD, will improve the billing system thanks to the Application Program Interface (API). The application allows both clients and bank developers to directly integrate their own systems with the Signet platform.
This will provide you with a wide range of trading options. What's more, the API used by the Signature Bank successively increases the range of real-time benefits, as well as the level of security related to transactions carried out via the platform. Thanks to the introduced innovations, consumers will be able to settle transactions even more securely.
The connection to the Fireblocks network also ensured even greater capital efficiency. Therefore, Signature Bank customers have gained the ability to use the Signet blockchain to carry out transactions in the Fireblocks network, using the Signet API.