Tarique Bhuiyan

Founder, CEO & CTO at Hashkloud Pty Ltd

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Bio Tarique A Bhuiyan is the Founder, Chairman & CTO of Hashkloud Pty Ltd, a Sydney, Australia based Blockchain Technology focused FinTech start up. Career History Before Tarique founded Hashkloud, he was a Principal Consultant with Infosys Consulting based in Sydney and was also a Senior Manager at Accenture Australia prior to joining Infosys. During 2008-2010, Tarique returned to Bangladesh to work as the Chief Information Officer (CIO) at BRAC Bank.

Tarique is Commenting on

UK to roll out image-based cheque clearing system

At our company based in Sydney, Australia, we are trying to bring the cheque back into limelight again using mobile and of course, using cryptography & Blockchain technology! The cheque as a payment instrument is actually quite interesting but instead of paper cheque, we are thinking digital tokenized cheque! We are talking to a bank in Bangladesh to pilot this. UK being so progressive in Blockchain technology, I am a bit surprised that they are going the "image" route! We have recently (November 2016) done a POC by sending a digital cheque as a remittance from a Middle Eastern bank to a bank in Bangladesh in near real time (url = http://prwire.com.au/pr/64530/pioneering-experimental-demonstration-of-blockchain-technology-integrated-paysha-digital-commerce-platform-by-hashkloud-pty-ltd-Australia)! And having the cheque as a digital cheque there is the added bonus which is, you can cash the cheque many times, i.e. if you want only partial payments now you can do that and the remaining amount still remained as a new digital cheque and that also never expires (because it lives in the digital world). Anyway, let’s see if this works out well!

31 Mar 2017 Reply Read article