Worldline, (Euronext: WLN) a European payments and transactional services firm, announced on Tuesday it has formed a co-operation partnership with Gold Global Currency Corp to offer the “DaVinci Gold” token, which is notably based on Worldline’s stablecoin management infrastructure. According to Worldline, the initiative further expands the capability of Worldline’s Digital Asset Management (DAM) platform and will assist in fulfilling the company’s goals to be at the forefront of stablecoins and blockchain technology.
“Developed by Worldline, the DAM Platform is the first asset management solution of the stablecoins category to take advantage of a private Blockchain with full control, guaranteeing security, scalability and longevity of the solution. The Worldline DAM platform is designed to seamlessly and securely manage any type of an asset’s lifecycle within a given business process, amidst the various parties participating in this product or service.”
Worldline further reported as a result of the strategic partnership agreed with Gold Global, the Worldline DAM platform brings to life the DaVinci Gold purchasing solution. The first of its kind, it allows consumers to buy, save and sell genuine physical gold coins or 24-carat hallmarked bullion in a simple and secure way. Speaking about the collaboration, Nicolas Kozakiewicz, Blockchain Fellow Expert and Innovation Executive Advisor at Worldline, stated:
“While the WL DAM Platform was first applied to stablecoins and CBDCs, it is perfectly suited for many other sectors, such as retailing and loyalty schemes, intra-group industrial offsets, public/urban transport. Creating an industry-grade ready-to-deploy asset manipulation infrastructure was a long-time need hardly solved, until Blockchain technologies came to real maturity.”
Worldline then added in accordance with most of Worldline’s Business verticals, from merchant interfacing to core-banking services, from Digital Cities requirements to highly regulated Public or Private services, the new Worldline DAM platform is designed to solution problems, from small early pilots to full-scale services.