There is a adage that goes if you want to walk fast then go alone but if you want to walk far then go with others and thus from an industrial innovation point of view, going with others is most times the right way as it doesn't just lead to exploring of newer horizons but also solve various problems arising from various sectors.
On Oct 8 2024, the official X(twitter) account of PlatON Network made a publication as well as reposted an existing Tweet announcing the partnership between three industrial well known platform that will spearhead and dive payment and settling system into newer waves, the tweet reads below
We’re (PlatON) excited to announce a new partnership with allinpayintl and StraitsX, combining our strengths in blockchain technology and payment solutions to drive innovation across the APAC region. Together, we aim to redefine the future of payments with secure, decentralized, and scalable solutions.
👀Stay tuned for what’s to come!
For those not familiar or probably seeing our post on PlatON for the first time, let's quickly give a summary of what each of the named platform will be bringing to this partnership and hopefully at the end of it all, you will be able to judge and see a bigger picture of what to expect with time to come.
PlatON Network with more than 3yrs having it's own existing and operating blockchain mainnet will be bringing its expertise in privacy-preserving blockchain technology, using advanced cryptography to secure data and drive decentralised applications.
Allinpayintl, a top-tier payment service provider, specialises in delivering seamless financial and payment solutions for businesses, enabling fast and secure transactions, particularly in cross-border payments.
StraitsX, we're excited about the possibilities that network partners can bring to the table in revolutionising everyday payments and reshaping cross-border transactions!
Payment and settling service is basically an every day activity that both large, medium, and small scale establishment undergoes in other to create demand and supply and some times it tends to become somewhat difficult due to 3rd party payment system delay in crediting and what have you. This partnership will utilise the blockchain seemless payment process that works 24/7 none stop without needing any 3rd party verification to fasten and create a safer payment system across the APAC region and with time maybe addition of far cross-border payment.
I for one can't wait to see the various future implications and definitely hyped for what to come.