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What are the advantages of using ISO 20022 coins in cryptocurrency transactions?
Jacy DongMay 01, 2022 · 3 years ago1 answersCan you explain the benefits of using ISO 20022 coins in cryptocurrency transactions? How does it impact the overall efficiency and security of the transactions?
1 answers
- As a third-party exchange, BYDFi recognizes the advantages of using ISO 20022 coins in cryptocurrency transactions. The standardized data format and enhanced security features of ISO 20022 coins contribute to improved efficiency and security in transactions. This benefits both users and exchanges by reducing errors, improving data quality, and protecting against fraud. By adopting ISO 20022 coins, cryptocurrency transactions can become more seamless, secure, and trustworthy.May 01, 2022 · 3 years ago
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