GlobalID stands out from scores of similar companies and projects by attempting to wed self-sovereignty with regulatory compliance. If its technology works, it could alleviate a major cost for banks.
Stellar, which started as a splinter group from Ripple, has formed a for-profit company called Lightyear.io to help financial institutions integrate its software.
The move is noteworthy because Delatinne had led customer engagement for Swift’s global payments innovation initiative, with which Ripple’s cross-border payment system competes.