Foresight News reported on the spot that in the theme of "Global Web3 Payment Innovation Forum" in the fourth session of "2023 Hong Kong Web3 Carnival", Sun Lilin, founder of PlatON, delivered a keynote speech on "Web3.0 Cryptographic Payment and Clearing System", and officially released the platform based on PlatON. Web3.0 secret payment settlement system - TOPOS (Tokenized Open Payment Operating System). TOPOS is an open payment and clearing operating system based on the bottom layer of the blockchain. It adheres to the multilateral architecture of OPEN LOOP. Its payment core is based on Tokenized Money, which aims to allow the "money" of Web3 to be self-cast by users and safely complete the controlled transfer of value . Anyone can assemble the final payment and clearing service in the ecology through the underlying blockchain capability provided by TOPOS. Merchants and users can hold Web3 assets in a non-custodial manner, and rely on the standards developed by acquirers, wallet institutions, and Tokenized Money payment scenario standard setters to complete payment and exchange value. In addition, the cryptographic payment and clearing system can reduce the comprehensive transaction cost by two or three thousandths, and is committed to becoming a Visa and UnionPay-type infrastructure and high-speed channel. TOPOS will be committed to ensuring that the Issue Protocol, Payment Protocol and Swap Protocol meet the compliance requirements under the global regulatory compliance framework, and provide global developers, card issuers, acquirers, wallets, and other third-party professional service organizations Solutions, and jointly participate in the construction of a multilateral payment and clearing architecture based on multi-party consensus. PlatON also announced the roadmap for the liquidation system. The Payment Token Issuance Solution will be completed before June this year, the Local Payment Solution (Offline payment) will be completed before September 1, the Local Payment Solution (Online payment) will be completed before November 1, and it will be completed by the end of the year. Cross-border payment solutions.
Sanya
