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XYRA Corp. Appoints Global Fintech Visionary Maria Medvedeva as Chairwoman of the Board of Advisors
Globenewswire· 2026-02-09 14:00
Core Viewpoint - XYRA Corp. has appointed Maria Medvedeva as Chairwoman of the Board of Advisors to guide the company's expansion in AI-driven payment infrastructure across the Americas, focusing on customer adoption and strategic partnerships [1][2]. Company Overview - XYRA Corp. is a subsidiary of Cavitation Technologies, Inc., specializing in an AI-driven, quantum-secure payment network that integrates remittances, fintech, and crypto assets under a compliant infrastructure [1][9]. - The company aims to provide faster and lower-cost alternatives to traditional cross-border remittance and lending systems through blockchain technology [2]. Leadership Experience - Maria Medvedeva has over 25 years of experience in payment technology and financial services, including significant roles at Mastercard and Skyro, where she led market expansions and business transformations [3][4]. - She was recognized as one of the Top 100 Women Business Leaders in the Middle East in 2026 and received the Woman Leader in Finance Award in 2025 [5]. Strategic Goals - Under Medvedeva's leadership, XYRA is preparing for its initial revenue phase in the second half of 2026 and is pursuing institutional capital to accelerate growth in remittances and digital financial services [7]. - The company is focused on combining AI with quantum-safe technology to address challenges in global finance [7]. Technology and Innovation - XYRA holds an exclusive license for Cavitation Technologies' patented Cavitation Non-Thermal Plasma™ technology, which is applicable in cryptocurrency mining and data center immersion cooling [9]. - The company is building a platform that offers real-time settlements, post-quantum encryption, and automated compliance for the global digital economy [9].
XYRA Corp. Announces the First AI-Driven, Quantum-Secure Remittance Infrastructure to Unite Global Remittances, FinTech, and Tokenization
Globenewswire· 2025-10-16 13:00
Core Insights - XYRA Corp. has launched the first AI-driven, quantum-secure remittance and tokenization network aimed at improving global remittance systems and tapping into multi-trillion-dollar markets [1][3] - The global remittance market is projected to exceed $1 trillion by 2030, with significant inefficiencies in current systems, including high fees averaging 6.5% and slow settlement times of 2-5 days [2][3] - XYRA's platform promises to reduce costs to less than 1% and speed up settlement times to under an hour, while also introducing a credit card linked directly to remittance flows [3] Industry Overview - The global remittance market is projected to reach $905 billion in 2024 and over $1 trillion by 2030, with additional opportunities in cross-border B2B transactions exceeding $122 trillion and tokenized assets reaching $16 trillion by 2030 [2] - Current remittance systems are outdated, costly, and insecure, leading to significant financial losses for families and businesses [2] Company Technology and Infrastructure - XYRA's technology is built on Cavitation Technologies Inc.'s patented Cavitation Non-Thermal Plasma™ systems, which address critical issues in next-generation computing environments [4][5] - The company integrates AI and quantum-secure technology to create a unified ecosystem that enhances remittance processes and transforms them into compliant, income-producing digital assets [6][7] Key Features of XYRA's Platform - The AI Intelligence Layer monitors remittance flows, automates KYC/AML processes, and provides insights from transactions [7] - The Quantum Security Layer employs post-quantum cryptography to protect transactions against future quantum threats [7] - XYRA is developing a regulated infrastructure for issuing asset-backed, quantum-secure stablecoins, facilitating compliant fiat-to-stablecoin transactions [7] Company Background - XYRA Corp. is a subsidiary of Cavitation Technologies, Inc., focused on opportunities in the crypto technologies market and leveraging patented technologies for fluid processing applications [8][9] - The company aims to build a team of experts to explore unique technologies in the rapidly evolving crypto and data center infrastructure sectors [8]
BTQ Technologies Unveils Breakthrough Performance of CASH Architecture, Paving the Way for the Future of Quantum-Secure Devices
Prnewswire· 2025-06-02 11:30
Core Insights - BTQ Technologies Corp. has announced new performance benchmarks for its CASH architecture, showcasing its speed, energy efficiency, and readiness for mass-market adoption in quantum-secure technology [1][3] - The CASH architecture integrates secure hardware elements, designed to protect against current cyber threats and future risks from quantum computing [2][4] Performance Highlights - Recent tests indicate that CASH can process up to 1 million digital signatures per second and execute encryption tasks up to 5 times faster than competing solutions [5][6] - The architecture supports both current cryptographic standards and next-generation post-quantum algorithms, making it suitable for modern secure systems [4][5] Market Opportunities - The performance of CASH positions BTQ Technologies to capitalize on industries where security, speed, and efficiency are critical, including financial services, telecom, healthcare, and IoT [5][7] - As global interest in quantum-safe infrastructure grows, BTQ's innovations place it at the forefront of a significant technology transition [8]