A Florida -based pharmaceutical distribution company announced that it will support XRP technology to strengthen the digital payment infrastructure. Within the scope of the financing agreement of approximately $ 50 million, XRP seems to play an important role in the financial transactions of the company.
Financing agreement
WellgiStics Health (WGRX), the company announced the right to use stock loans to establish XRP -based reserves and digital payment infrastructure. The credit provided is a strategic step aiming to strengthen the company’s financial configuration and adapt to digital transformation.
The company plans to use XRP technology in realizing real -time payments within the pharmacy network, managing supplier payments, and creation of XRP guaranteed credit limits. This approach is an important example to increase the applications of block chain technology in the health sector.
Transaction speed and cost advantage
The operations carried out with XRP are expected to be completed in a short time of 3-5 seconds. Considering that traditional money transfer methods last for 1-3 days, this may allow payments to be completed almost instantly. The low transaction costs may contribute to the reduction of delays and additional costs in the supply chain.
“We believe that the integration of XRP and the relevant infrastructure into the medical ecosystem in the Health Ecosystem offers certain advantages in its statement. expressions were used.
The credit provision agreement is supported by New York -based LADA Capital. This cooperation is seen as an important support element in the process of transition to digital payment systems to strengthen the financial infrastructure.
In a statement, the XRP -based services will be commissioned by a definite time schedule said. The company said it plans to move gradually within the scope of future projects.
The purpose of the application stands out as reducing delays in financial transactions and providing positive effects on costs. In the process of digital transformation, the modernization of payment systems in the health sector and compliance with the principles of transparency are among the main objectives of this technological transition.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
