String Metaverse Ltd Launches 'BillsOnChain' Beta Platform for Digital Billing on Hedera Network
String Metaverse Ltd has announced the beta version launch of its digital billing platform, BillsOnChain. This initiative represents a strategic collaboration between String Metaverse Ltd and The Hashgraph Group AG (THG).BillsOnChain is designed as a blockchain-and artificial intelligence-enabled digital billing platform that operates on the Hedera network. The primary function of the platform is to create secure, verifiable, and time-stamped digital records for invoices, bills, and receipts.
The functionality of BillsOnChain covers several critical business processes. The platform supports automated reconciliation and duplicate invoice detection while enabling on-chain recording of billing data. It also facilitates accounts payable and accounts receivable workflows, in addition to offering analytics capabilities and compliance controls.
The launch marks a significant development for the company, leveraging advanced technology to streamline financial documentation within the digital space.
Stock Price Movement
As of 13:23, String Metaverse Ltd shares are ticking down at ₹6.52, representing a 1.95% decline for the day.The stock traded within an intraday range, hitting lows near ₹6.32 and highs up to ₹6.70.
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