WadzChain Network has introduced a hybrid blockchain designed to transform global payments for enterprises. WadzChain’s platform has the capacity to process up to 10,000 transactions per second (TPS) and is designed to meet the needs of diverse payment scenarios, from micro-payments to high-volume transfers. The platform supports multiple digital assets and is compliant with global regulations, allowing businesses to seamlessly process cross-border payments while integrating CBDC.
WadzChain Network has launched one of the world’s first hybrid blockchains with the aim of reshaping the global payments landscape for enterprises. The company’s blend of scalability, security, and cost-effectiveness has positioned it as a leading contender in the rapidly evolving blockchain payments space.
The core of WadzChain’s offering is a hybrid blockchain platform that integrates both public and private elements. WadzChain is designed to serve a wide range of payment needs, from micro-payments to high-volume transactions, using Layer 1 public Proof of Stake (PoS) and Layer 2 private Proof of Authority (PoA) consensus mechanisms . The company boasts an impressive throughput of up to 10,000 transactions per second (TPS), making it suitable for both small and large businesses.
This launch underscores WadzChain’s ambition to address the increasing complexity of modern payment systems by providing more efficient and flexible solutions. The company emphasizes that its platform complies with global regulations and supports multiple digital assets, allowing businesses to operate in both public and private environments. This flexibility is important for businesses seeking secure, fast, and scalable transactions, especially in an era of increasing cross-border digital payments.
WadzChain leadership believes this technology has the potential to become the backbone of the global payments infrastructure. “At WadzChain, we leverage our experience in the global payments industry to build a secure and user-friendly payments platform for global enterprises,” said Anish Jain, Founder of WadzChain Network. “Our vision is to be the central switch for all payments around the world and provide interoperability across all digital currencies, including CBDCs (Central Bank Digital Currencies).”
The hybrid architecture, combined with smart wallet integration and support for decentralized finance (DeFi) applications, opens the door for businesses to build customized payment solutions. This could be attractive to a variety of industries seeking a state-of-the-art payment system that balances scalability with strong security protocols.
WadzChain’s testnet is a key part of its strategy, encouraging developers to experiment and create applications on the platform’s versatile infrastructure. The testnet results will inform the gradual rollout of the mainnet, and the company wants to ensure that the mainnet builds on early developer feedback to ensure a robust and business-friendly final product. That’s what I think.
Stas Madorski, Senior Vice President of WadzChain, highlighted the strategic shift to strengthen the company’s foundation for future growth. “WadzChain represents a new frontier in global payments where speed, security and scalability seamlessly blend together,” said Madorski. “Our hybrid blockchain is designed to give businesses the tools they need to succeed in an increasingly connected world.”
Madorski envisions WadzChain becoming the default blockchain payment platform globally.
The company is investing heavily in testnet and mainnet development, as well as ramping up marketing efforts and expanding its listing on major platforms. These advances may involve internal restructuring, but are intended to ensure that WadzChain remains agile and ready to seize new opportunities as it evolves.
Although the hybrid blockchain space is still in its relative infancy, WadzChain’s innovative platform, backed by over 250 years of collective industry expertise, provides a much-needed bridge between decentralized finance and traditional financial systems. It has the potential to provide a bridge between companies and establish themselves as a leader in global payment solutions.
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