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Frequently asked questions
Your resource hub: Blox FAQ.
What makes Blox's technology unique?
Bloxcross's technology stands out due to its integration of blockchain technology, which ensures transparency, security, and speed in all transactions. Our proprietary platform leverages smart contracts to automate and streamline processes, reducing the risk of errors and fraud while significantly cutting down on transaction times. Additionally, our AI-powered currency conversion delivers instant insights and optimal currency conversion strategies in real-time, empowering businesses to make informed decisions swiftly. Blox technology offers a secure and efficient infrastructure for instant global financial transactions.
What products does Blox offer?
Bloxcross offers a range of financial products tailored to facilitate and optimize cross-border payments and trade finance. Our key products include:Blox Pay: A solution for fast, secure, and cost-effective international money transfers.
- Blox Trade Finance: Innovative financing options that provide liquidity to exporters and importers.
- Blox Wallet: A digital wallet for managing and storing multiple currencies and digital assets securely.
- Blox Card Processing: Helps businesses process international payments with international cards.
- Blox White Label Cards: A solution for businesses looking to issue debit cards in their own brand.
- Blox API: Allows developers to integrate cross border payment solutions into their own platforms.
- Blox Institutional: Platform that allows institutional clients to buy and sell digital assets as well as fiat currencies.
Who can benefit from Blox's services?
Bloxcross's services are designed to benefit a wide array of clients including small to medium-sized enterprises (SMEs), large corporations, financial institutions, and fintech companies. Our solutions are particularly valuable for businesses involved in international trade, such as exporters and importers, who require efficient and reliable financial transactions across borders.
When are cross-border payments necessary?
Cross-border payments are necessary when businesses or individuals need to transfer funds internationally. This typically occurs in situations involving:
- International trade, such as the import and export of goods and services.
- Paying overseas employees or contractors.
- Making investments in foreign assets.
- Any international transaction that require the complexities of different currencies, regulatory environments, and varying transaction speeds.
Where does Blox operate?
Bloxcross operates on a global scale, with the capability to facilitate transactions in multiple major currencies and countries. Our blockchain-based platform, combined with our strategic partnerships, allows us to serve clients in over 100 countries, providing reliable and secure financial services wherever there is internet access. Our main offices are located in major financial hubs - Singapore, Hong Kong, Columbia, Mexico and Brazil to better coordinate our worldwide operations and provide localized support to our clients.