Blockchain
Singapore Based WadzChain Launches Hybrid Blockchain to Simplify Global Payments for Businesses
WadzChain, a Singapore-based company, has launched a hybrid blockchain designed to simplify global payments for businesses. The blockchain combines Layer 1 public and Layer 2 private architectures, offering fast, secure transactions with up to 10,000 TPS. It uses Proof of Stake (PoS) for public consensus and Proof of Authority (PoA) for private consensus, ensuring interoperability and compliance with global regulations.
The platform supports multiple digital assets and payment gateways, catering to a variety of use cases from micropayments to large enterprise transactions. WadzChain’s Testnet is now open for developers to create payment applications, with plans for a phased mainnet launch based on feedback. This hybrid blockchain aims to become the central switch for global payments, including CBDCs, and to meet the evolving needs of the digital payment ecosystem.
Source: ffnews.com
The post Singapore Based WadzChain Launches Hybrid Blockchain to Simplify Global Payments for Businesses appeared first on HIPTHER Alerts.
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