Unius Asia launches Bholdus, offering comprehensive solution for SME financing

KUALA LUMPUR, June 29 -- Singapore-based startup, Unius Asia has launched a project named Bholdus to offer a comprehensive solution to problems faced by both the traditional finance and crypto world, with a transaction speed 400 times higher than that of the current popular blockchains.

According to SME Finance Forum, Southeast Asian businesses face a capital shortage of close to US$300 billion. (US$1 = RM4.147)

Bholdus works to connect SMEs in the region with funding opportunities from BHO investors, whereby the startup aims to integrate tangible assets with decentralized finance, utilising smart contracts on a blockchain instead of financial intermediaries to create solutions offering the best of both worlds.

A spin-off from another blockchain based fintech established from 2018, Bholdus brings together a team of experts in Fintech/Blockchain and an Advisory Board comprising C-level executives from established MNCs, according to a statement.

The project is set to provide a cross-chain suite of solutions connecting virtual asset ecosystems such as Binance, Ethereum and Polkadot, and others with features that allow lending, savings, digitising tangible assets, and certifying intellectual properties, among others.

Blockchain and DeFi (decentralized finance) will be the future, laying the foundation for more open, transparent, and secure finance.

Currently, Bholdus is also building blockchain solutions for capital management systems and distribution channels for multinational corporations in the region.

More details at https://bholdus.com/

-- BERNAMA