Polyflow Introduces a Cryptocurrency Debit Card to Facilitate Top-Ups with Digital Assets
In Brief
PolyFlow has expanded its support to a variety of networks including Ethereum, Polygon, X Layer, BEVM, and more, making it possible to register for a Payment ID (PID) and release payment cards.
Asset operations protocol for PayFi, PolyFlow They have revealed support for numerous networks such as Ethereum, Polygon, X Layer, BEVM, Berachain, Scroll, Bitlayer, Base, and Kroma Network. Future integrations with ecosystems like Solana and The Open Network (TON) are also in the pipeline.
Participants can now create a Web3 Payment ID (PID) across supported networks, earn airdrop points, and apply for Polyflow payment cards. These innovative cards offer the ability to recharge with cryptocurrencies and can be used for daily purchases as well as online transactions. Moreover, Polyflow cardholders can utilize various cryptocurrencies for their transactions. payments globally.
The PID operates on a framework established by W3C's Decentralized Identifier (DID) standard, seamlessly linked with the Soul Binding Token to manage off-chain payment details. As a foundational component of Polyflow, it serves as both a facilitator for payment entities and the essential backbone of the decentralized PayFi ecosystem, ensuring secure and efficient cross-border transactions across different networks.
To register, users need to visit the platform and input their desired PID keyword in the search field to find the appropriate PID. After selecting an unlisted PID, they will connect their Web3 wallet Then, users are required to sign and click on the new PID name before selecting the \"Approve\" option to confirm the transaction. To complete the registration, users must click the \"Stake\" button.
What Is PolyFlow And How Does It Work?
It operates as a modular protocol driven by artificial intelligence, tailored for managing crypto assets. The PID is a decentralized identity tool that leverages zero-knowledge proofs to validate identity.
Key characteristics include its commitment to decentralization, a flexible modular architecture, and AI-compatible on-chain information. It is among the pioneers in the sector to integrate W3C’s Verifiable Credentials Data Model 2.0 and Decentralized Identifier standards into its foundation, aiming to deliver a secure, economical, and regulatory-compliant framework to optimize PayFi and asset operations.
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