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Articlestellar.orgDana Bernard2y ago

Explore the open-source solution for bulk payments: the Stellar Disbursement Platform

The Stellar Development Foundation announced updates to the Stellar Disbursement Platform (SDP), an open-source tool for bulk payments that now supports supplier payouts, global payroll, government transfers, and enterprise remittances. The platform features self-hosting, on-demand wallet creation, multi-level access controls, and support for any Stellar-based digital asset.

PaymentsFinancial InclusionDeveloper Tools
Lumen Loop's take

The Stellar Development Foundation has refined the Stellar Disbursement Platform (SDP) based on extensive user testing and stakeholder feedback since its 2022 launch during the Ukraine humanitarian crisis. The fully open-source platform enables organizations to make bulk payments globally using the Stellar Consensus Protocol with an intuitive interface requiring no prior blockchain experience. Key features include self-hosting for data privacy, third-party hosting options via providers like Zodia Custody, on-demand wallet creation via phone number, four-level user access controls, and industry-standard reporting. The platform supports any Stellar-based digital asset including stablecoins, multiple wallet providers, customizable SMS invitations in any language, and ensures recipients maintain full control of their funds and wallets.

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Stellar Development FoundationInfrastructure & Services
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The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of the Stellar ne…

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