Finance Magnates covered the Apifiny launch announcement for Roxe Instant Global Settlement Network today.

In the article, Hauhan Xu, Apifiny CEO, commented, “Today’s global financial system faces a critical problem: fragmentation. This means assets cannot be quickly and easily transferred between markets, countries, and various settlement systems.” The article goes on to explain the key differences between Roxe’s Smart Proof of Ownership approach to settlement to Ripple’s  model and how Banks and Payments Companies will benefit from instant settlement.

Read the full article on Finance Magnates.