IBM Plans Crypto Custody and Payment Services Launch by End of 2025
The U.S. tech giant aims to provide cryptocurrency custody and payment solutions for businesses, expanding its presence in blockchain-based financial services.
Summary
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Terms & Concepts
Crypto Custody: A service that securely stores digital assets like cryptocurrencies on behalf of clients, protecting them from theft or loss.
Blockchain Payment Services: Financial solutions enabling transactions to be processed using blockchain technology, allowing for direct cryptocurrency payments between parties.