The Web3.0 privacy-preserving payment and settlement system TOPOS built on PlatON is officially released

2023-04-13 14:47:14

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ChainCatcher news, co-hosted by Wanxiang Blockchain Lab, HashKey Group, and PlatON, the 2023 Hong Kong Web3 Carnival "Global Web3 Payment Innovation Forum" was officially held in Hong Kong. PlatON founder Sun Liling delivered the opening speech on "Web3.0 Confidential Payment and Clearing System" and officially launched the TOPOS, a Web3.0 confidential payment and clearing system built on PlatON.

TOPOS is an open payment clearing operating system based on blockchain infrastructure, adhering to an OPEN LOOP multi-party architecture. Its payment core is based on Tokenized Money, aiming to allow users to self-mint "money" in Web3 and securely complete controlled value transfers. Anyone can assemble the final payment clearing services in the ecosystem through the underlying blockchain capabilities provided by TOPOS. Merchants and users can hold Web3 assets in a non-custodial manner and rely on standards developed by acquiring institutions, wallet institutions, and Tokenized Money payment scenario standard setters to complete payments and exchange value.

TOPOS is committed to inviting global developers, issuing institutions, acquiring institutions, wallets, and other third-party specialized service organizations to participate in building a multi-party consensus-based multi-party payment clearing architecture under the global regulatory compliance framework.

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