Key Points:
- WadzChain has launched a hybrid blockchain to streamline global payments for businesses.
- The platform offers scalability, security, and interoperability, handling up to 10,000 TPS.
- Combining public and private blockchains, it uses Proof of Stake (PoS) and Proof of Authority (PoA) for secure transactions.
- The company focuses on long-term growth, expanding infrastructure, and inviting developers to innovate with its Testnet.
WadzChain Introduces Hybrid Blockchain for Business Payments
WadzChain Network, a leader in blockchain technology, has unveiled a hybrid blockchain designed to simplify global payments for businesses. The platform provides a highly scalable, secure, and user-friendly solution that caters to various payment needs, including high-volume transactions, disbursements, and micropayments. By utilizing both public and private blockchain layers, WadzChain aims to offer businesses a reliable and flexible payment system suitable for a wide range of industries.
The innovative hybrid architecture of WadzChain features a Layer 1 public blockchain for transparency and security, coupled with a Layer 2 private blockchain for enhanced control and efficiency. The platform leverages Proof of Stake (PoS) for public consensus and Proof of Authority (PoA) for private transactions, ensuring that all payments are processed quickly and securely. With the ability to handle up to 10,000 transactions per second (TPS), WadzChain is set to accommodate businesses of all sizes, from small startups to large enterprises.
Designed with global compliance and interoperability in mind, WadzChain supports multiple digital assets and payment gateways. Its smart wallet integration and modular infrastructure enable businesses to seamlessly operate in both public and private environments. According to WadzChain, this flexibility allows enterprises to navigate the complexities of modern payment systems while maintaining security and scalability.
Focus on Long-Term Growth and Developer Engagement
WadzChain’s launch of the hybrid blockchain is part of its broader strategy to drive long-term growth. The company has redirected its efforts towards strengthening its core technology, ensuring that its infrastructure is well-equipped to meet future market demands. WadzChain is making significant investments in critical areas such as Testnet and Mainnet developments, as well as expanding its reach through marketing and community engagement. The company is also focusing on increasing its presence on major blockchain platforms to broaden its user base.
As part of its ongoing commitment to innovation, WadzChain is encouraging developers to build payment applications on its versatile platform. The Testnet launch provides an opportunity for developers to create solutions that address real-world business challenges, leveraging WadzChain’s scalability, speed, and security features. The company envisions that the Testnet will pave the way for the eventual launch of the Mainnet, where further enhancements will be integrated based on feedback from the initial testing phase.
Anish Jain, Founder of WadzChain Network, expressed his vision for the company, stating, “We aim to become the central switch for global payments by offering interoperability across all digital currencies, including CBDCs. WadzChain will act as the backbone of the evolving payment ecosystem, delivering scalability, security, and flexibility.”
Senior Vice President Stas Madorski echoed Jain’s enthusiasm, emphasizing the platform’s potential to transform global payments. He remarked, “WadzChain combines speed, security, and scalability in a way that will empower businesses globally. Our hybrid blockchain is poised to become the default payments platform for enterprises, offering unmatched flexibility and modular infrastructure.”
As WadzChain moves forward with the phased rollout of its Mainnet, businesses and developers alike will benefit from the platform’s innovative approach to handling global payments. The launch marks a significant step toward reshaping how companies manage and process transactions, providing a future-proof solution that addresses the growing complexities of the payment industry.
