{"id":146844,"date":"2025-01-30T10:02:59","date_gmt":"2025-01-30T03:02:59","guid":{"rendered":"http:\/\/www.thestorythailand.com\/?p=146844"},"modified":"2025-02-11T10:29:55","modified_gmt":"2025-02-11T03:29:55","slug":"orbix-technology-join-forces-d3-labs","status":"publish","type":"post","link":"https:\/\/www.thestorythailand.com\/en\/orbix-technology-join-forces-d3-labs\/","title":{"rendered":"Orbix &amp; D3 Labs partner on cross-border payments, blockchain"},"content":{"rendered":"\n<p>Two prominent blockchain solutions providers, Orbix Technology and D3 Labs, have announced a strategic partnership to transform cross-border payments and advance the development of blockchain-based technology for financial services in Thailand, Indonesia, and Southeast Asia. <\/p>\n\n\n\n<p>This collaboration will leverage Orbix Technology\u2019s proprietary blockchain infrastructure, Quarix, and D3 Labs\u2019 ecosystem, SeaSeed Network, to not only develop secure, efficient, and scalable financial technologies, but also ensure the adherence to applicable regulations and compliance frameworks.<\/p>\n\n\n\n<p>\u201cTogether, we aim to deliver impactful solutions for businesses and individuals.\u201d said <strong>Yarnvith Raksri<\/strong>, Managing Director of Orbix Technology. \u201cBy tackling real-world challenges, particularly enhancing cross-border payments between Thailand and Indonesia, we strive to make transactions faster, more secure, and cost-effective. With tourism between our nations on the rise, we are excited to enable a more seamless travel experience through blockchain-powered solutions.\u201d<\/p>\n\n\n\n<p>Both D3 Labs and Orbix Technology will jointly develop and share relevant products, services, and critical information to support the partnership\u2019s goals and ensure that their solutions adhere to regulatory standards while engaging with government and private entities to drive innovation and adoption. The partnership is anchored in the &#8220;Blockchain Initiative for Financial Services,&#8221; aiming to create cost-effective and user-centric cross-border payment systems to benefit the mass public, with specific focus areas including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Enhanced Smart Contracts:<\/strong> Developing flexible and adaptable smart contracts to facilitate seamless, automated payment flows.<\/li>\n\n\n\n<li><strong>Faster and More Efficient Transactions:<\/strong> Optimizing the blockchain architectures to reduce settlement times thereby improving operational efficiency and enhancing user experience across borders.<\/li>\n\n\n\n<li><strong>Stronger Security and Compliance:<\/strong> Building systems that ensure privacy, uphold regulatory<\/li>\n<\/ul>\n\n\n\n<p><strong>Lai Chung Ying<\/strong>, Co-Founder and Co-CEO of D3 Labs,<strong> <\/strong>added, \u201cOur collaboration with Orbix Technology marks a significant milestone in our journey to revolutionize financial services. By combining our expertise and leveraging blockchain technology, we aim to create transformative solutions that drive efficiency and innovation and regulatory compliance in the digital finance ecosystem.\u201d<\/p>\n\n\n\n<p>The overarching goal of this initiative is to optimize blockchain capabilities and pioneer innovative solutions that redefine the standards for global financial transactions. By leveraging their collective strengths and shared vision, D3 Labs and Orbix Technology are poised to transform the digital finance landscape in Southeast Asia, providing groundbreaking blockchain-based solutions that drive progress, accessibility, and regulatory adherence.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.thestorythailand.com\/en\/28\/01\/2025\/146662\/\">Bitkub chain pilots Thai baht-backed payment system, Eyes 2025 launch<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.thestorythailand.com\/en\/29\/01\/2025\/146664\/\">WHA Group targets 150 billion baht revenue in 5 years<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orbix Technology and D3 Labs, have announced a strategic partnership to transform cross-border payments<\/p>\n","protected":false},"author":8,"featured_media":146842,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[122],"tags":[29542,31364,31365,31366],"class_list":["post-146844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology-en","tag-cross-border-payments","tag-orbix-technology-2","tag-d3-labs-2","tag-blockchain-solutions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Orbix &amp; 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