47 days ago
New York, United States, December 3rd, 2024, Chainwire Smile Shop , the premier Asian e-commerce platform, has partnered with Conflux Network , China’s only regulatory-compliant public blockchain, to launch the BitUnion prepaid card. This partnership signifies a major expansion into global digital asset payment with cards welcome in 183 countries and regions. The BitUnion prepaid card operates on the recently launched UnionPay International USD prepaid card framework . UnionPay International, the world’s second-largest card payment processor, ensures seamless financial transactions. Users can load funds onto the card to make online purchases, use it at point-of-sale machines, or withdraw cash from UnionPay ATMs across 183 countries. The card can also be linked with popular third-party payment platforms like Alipay and WeChat Pay. Whether offline or online, transactions are settled at real-time exchange rates between local currencies and USD. The account approval process is quick, and management fees are waived during the initial launch period. As a key product in Conflux’s PayFi ecosystem, the prepaid card incorporates experienced security authentication systems from traditional finance. User data is managed by professional institutions, ensuring security and compliance. Fiat assets are held within the UnionPay account system, guaranteeing absolute security and reliability. The BitUnion prepaid card has obtained the highest-level financial security certifications, including 3DS and PCI-DSS, comprehensively protecting cardholders’ payment security. The prepaid card will support digital asset transactions and transfers within the Conflux Network, leveraging the blockchain-based PayFi system to overcome limitations in traditional payment infrastructure. Introducing traditional financial models (from credit cards to invoice financing and reverse factoring) into blockchain creates a more integrated value network. Conflux’s PayFi (Pay Finance) addresses inefficiencies in traditional payment systems while keeping financial operations aligned with real-time data, creating a large-scale model for blockchain consumer application ecosystems. As a high-performance Layer1 blockchain, Conflux has been at the forefront of technological advancements, particularly in the development of Stablecoins. They are now expanding their focus to encompass a comprehensive Payments infrastructure and cultivate the PayFi ecosystem. Aiming to become the blockchain of choice for consumer-grade Payments in the future, Conflux Foundation has committed 500 million CFX from the ecosystem fund to fuel the growth of PayFi stack components. About Smile Shop Smile Shop is a super e-commerce platform under Smile Shop Holdings Pte (Singapore), targeting Southeast Asian markets with the vision of becoming Southeast Asia’s most trusted fintech super e-commerce platform. About Conflux Network Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide. It utilizes a hybrid PoW/PoS consensus mechanism, ensuring a fast, secure, and scalable blockchain environment. Conflux operates without congestion, maintains low fees, and prioritizes network security. Being the leading regulatory-compliant public blockchain in China, Conflux offers advantages for projects entering the Asian market. In its partnerships, Conflux collaborates with global brands and government entities including, Shanghai, China Telecom, Little Red Book (China’s Instagram), McDonald’s China, and Oreo. These noteworthy collaborations serve as a testament to Conflux’s unwavering dedication to driving blockchain and metaverse initiatives. Contact Melissa Tirey melissa@shift6studios.com
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United States of Bitcoin? These States Are Considering BTC Reserves
UPDATE: Oklahoma, Wyoming, and Massachusetts all join the list as Bitcoin reserve momentum grows ahead of Donald Trump`s inauguration. Bitcoin World
Toncoin (TON) and Uniswap (UNI) Traders Show Growing Interest in Lightchain AI’s Cutting-Edge AI Capabilities
As the crypto scene keeps shifting in 2025, experienced traders are exploring opportunities beyond well-known projects like Toncoin (TON) and Uniswap (UNI). One emerging project capturing attention is Lightchain AI , a state-of-the-art platform that merges blockchain technology with artificial intelligence. With its presale amassing $11.3 million, Lightchain AI`s groundbreaking features are drawing traders from TON and UNI, indicating a possible market shift. TON and UNI: Established Leaders Facing Emerging Rivals Toncoin (TON) and Uniswap (UNI) are major forces in the crypto industry. TON, the native asset of The Open Network, is broadening its ecosystem through initiatives like The Open League, which incentivizes community engagement. Partnerships, such as the one with Jupiter to develop a new liquidity aggregator, aim to enhance TON`s DeFi capabilities. Uniswap, a leading decentralized exchange, remains a key player in the DeFi sector as a preferred platform for token exchanges. Nonetheless, both are encountering increasing competition from newer projects that bring advanced technologies and distinctive features to the table. To maintain their lead, TON and UNI must continue to innovate and adapt in the ever-evolving world of cryptocurrency. Lightchain AI: Transforming Blockchain with AI Lightchain AI distinguishes itself by incorporating artificial intelligence into blockchain, facilitating the creation of AI-driven decentralized applications (dApps). A standout feature of Lightchain AI is its focus on secure and scalable AI calculations, allowing businesses to enhance data management while safeguarding privacy. This capability surpasses what TON and UNI offer, providing a new perspective on utilizing blockchain to tackle global issues. The platform’s interoperability with other blockchain systems further increases its attractiveness, simplifying adoption for developers and businesses without disrupting current systems. For traders of TON and UNI, this adaptability presents an investment opportunity with promising long-term potential. Reasons Traders Are Opting for Lightchain AI The surging interest in Lightchain AI among TON and UNI traders reflects a broader movement in the cryptocurrency market: a tilt towards projects driven by utility. The presale success of Lightchain AI , which raised $11.3 million, shows strong investor trust in its pioneering technology and future potential. Unlike TON and UNI, which are linked to particular ecosystems, Lightchain AI`s applications across multiple industries make it a more versatile and appealing choice. Moreover, Lightchain AI`s emphasis on decentralization and community-focused governance resonates with many crypto traders. Its potential to address real-world challenges while offering substantial investment opportunities positions it as a formidable contender for 2025 and beyond. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. Bitcoin World
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