Gloria Mathias
today
APAC News Blockchain Technology Business Payments
WadzChain Network, a Singapore-based global innovator in blockchain technology, announced the launch of one of the first hybrid blockchains aimed at transforming global payments for businesses.
WadzChain’s hybrid blockchain is designed to serve all types of payment needs, including micropayments, bulk payments, disbursements, benefits, and more. The company aims to provide interoperability across all digital currencies, including CBDC, and become the central switch for all payments worldwide.
Its hybrid architecture (layer 1 public, layer 2 private) uses Proof of Stake (PoS) for public consensus and Proof of Authority (PoA) for private consensus to ensure fast and secure transactions. Interoperable and globally compliant, WadzChain supports multiple digital assets and payment gateways, smart wallet integration, comprehensive payment functionality, and flexibility for businesses to operate in both public and private environments. We provide. Blockchain is ideal for a variety of businesses and use cases, from small startups to large enterprises.
Anish Jain, founder of WadzChain Network, said: “At WadzChain Network, we leverage our experience in the global payments industry to build a secure and user-friendly payment platform for global enterprises. Our vision is to become the central switch for all payments around the world, Our goal is to provide interoperability across all digital currencies, including CBDC. As the payments ecosystem evolves, WadzChain will serve as the backbone, providing unparalleled scalability, security, and flexibility.”
Stas Madorski, Senior Vice President of WadzChain Network, said: Our hybrid blockchain is designed to give businesses the tools they need to succeed in an increasingly connected world. With its hybrid approach, modular infrastructure, and the company’s deep understanding of payment demands, we believe WadzChain will become the default blockchain payment platform globally. ”
With the launch of Testnet, WadzChain is inviting developers to build next-generation payment applications on its versatile infrastructure. Blockchain offers developers the freedom to create customized solutions that address real-world business challenges while taking full advantage of WadzChain’s scalability, security, and speed with decentralized finance (DeFi) support. Masu.
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