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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound

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    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
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  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
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    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

    NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound

    NFT Market Sees Mixed Results, Polygon Leads While Ethereum Collections Rebound

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    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

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    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

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    Solana Meme Coin Bonk Launches ‘Kill-to-Earn’ Shooter Game

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    Yuga Labs Offloads Moonbirds to OCG – Vision, Plans & Market Reaction

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    Earn 5x GUN Tokens Monthly: A Complete Guide to Off the Grid Battle Pass

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    GameStop Buys Bitcoin, More Ethereum Games Close Up Shop

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  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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    UAE emirate launches new free zone for digital assets, Web3 and AI

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    Key Innovations, Challenges, and What Comes Next

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    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

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    What Is a DEX? How DEXs Work and Why They Matter

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  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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Home Blockchain

Harbour Partners with Aleph Zero to Launch Instant Bank-to-Blockchain Transfers

June 19, 2024
in Blockchain
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Harbour Partners with Aleph Zero to Launch Instant Bank-to-Blockchain Transfers
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Harbour, the company behind at bank to self-custody wallet services, has just announced a partnership with Aleph Zero, the massively scalable crypto infrastructure. This partnership will bring to market the Magic Ramp product, which is a new offering aimed at revolutionizing the way end-users send their assets between banks and blockchain networks.

READ ALSO

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Harbour’s Magic Ramp leverages some of the best of breed fintech from the Harbour payments engine to integrate with Aleph Zero’s leading fintech capabilities in terms of transaction throughput. The integration will make it easier for the users as it is relatively faster and they can now use an efficient way in managing their digital assets as the whole process will be seamless and less costly

Seamless Transfers and New Opportunities

The heart of this new service is the Magic IBAN— an innovative new feature which is issued to each individual KYC-verified user. The Magic IBAN is integrated directly into users’ Aleph Zero wallets, and enables ultra-fast onboarding with direct stablecoin bank deposits to a user’s blockchain wallet.

Amazingly, these transfers are done in just 10 seconds, avoiding the high costs and headaches usually tied to standard on and off ramp offerings.

Moreover, this makes the process of turning blockchain assets back to fiat currency seamless. With this updated integration, users are able to initiate transactions again directly from their Aleph Zero wallets, with funds deposited rapidly promptly back into their bank accounts in order to maintain the speed and low cost that Harbour is designed to achieve.

We are excited to announce we are bringing our Magic Ramp to the @Aleph__Zero ecosystem!

The Magic Ramp on Aleph Zero changes the game for ramping user experience. Combining Harbour’s super-fast, low cost bank <> blockchain payments engine, with Aleph Zero’s blazingly fast and… pic.twitter.com/758HxTSPoM

— Harbour (@harbour_fi) June 17, 2024

This, in addition to being another contributor to top quality levels of user convenience, sets a new benchmark for the way in which banking and blockchain interact with each other.

See also  Wormhole goes multichain with native token transfers

And integration with Harbour goes way beyond individual users – it provides massive value to the developers within the Aleph Zero ecosystem. With the Magic Ramp, developers can turn the process inside out and offer up a new way to move assets across financial realms that is efficient on the back end and easy to use for the end-user. This development will allow the fiat-to-crypto use cases we have had in mind, which are poised to vastly grow the already impressive Aleph Zero community.

Initially offered to E.U. residents, the consumers Tailored reportedly targets are those seeking to bridge the gap between traditional banking and the nascent world of self-custody digital wallets. The collaboration will continue to evolve, adding additional improvements and integrations throughout the partnership, enabling an even greater real-world effect on global financial and crypto markets.

Tags: AlephBanktoBlockchainHarbourinstantlaunchPartnersTransfers

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