Alchemy Pay is partnering with IoTeX to bring IOTX tokens to the global payments network
Press release
A new partnership has been announced between IoTeX (IOTX), the blockchain network focused on Net of Factors, and Alchemy Payback (ACH), a provider of hybrid payment solutions for cryptocurrencies. Alchemy Shell out will integrate the IOTX token into its global crypto portal so that IOTX can be widely used for business-to-business (B2B) or customer-to-business (C2B) payments. As part of the partnership, IoTeX will also join the Blockchain Infrastructure Alliance.
Alchemy Pay’s network support for IOTX offers its owners a broader range of usability. The payment network supports use in over 65 countries with more than 200 payment channels. Thanks to the integration, IOTX can now be used globally for online or in-store payments in B2B or C2B scenarios. After payment, IOTX will be converted to local fiat for merchants with higher processing times and costs than traditional payment methods.
IoTeX was founded in 2017 and was designed from the ground up as a super-fast, low-cost, layer-one blockchain compatible with the Ethereum Virtual Machine (EVM). This enables builders to integrate machine data, values and services into their decentralized applications (DApps) and to use machines as “truth referees”, which enable people / companies to do things in the real world, digital assets / reputations to acquire. The MachineFi concept from IoTeX aims to provide new financing options for the World Wide Web using verifiable machine data. IoTeX already supports real devices such as Ucam and Pebble Tracker and connects to other first-level blockchains with the aim of becoming a common hub for machine intelligence for the entire blockchain industry.
IOTX is a governance token that allows partial ownership of the IoTeX network and allows users to pay for DApps / services. Developers operate the device / DApp and their offerings via IOTX, since the services for the device / DApp are paid for by the user in IOTX. This new integration with Alchemy Payout now enables IOTX to go beyond the direct economy of IoTeX and make transactions between blockchain and non-blockchain economies more convenient and flexible.
Larry Pang, Head of the IoTeX Ecosystem, said, “IoTeX is excited to join the BIA and bring our unique Net3 infrastructure and insights to the alliance. What really sets IoTeX apart from other Layer 1 chains is the powerful IoT-oriented middleware such as DIDs, oracles and SDKs that make it easy for builders to connect devices / machines in the real world with blockchain. ”
As part of the partnership with Alchemy Spend, IoTeX will join the Blockchain Infrastructure Alliance. This alliance brings together industry leaders to jointly promote and accelerate the growth and advancement of the crypto and blockchain space, and acts as an incubator for new projects. It was founded by Alchemy Pay, near NEO, Polygon, and Conflux.
For Alchemy Shell, this means expanding its network into the World Wide Web of Points area of the blockchain. Alchemy Spend has integrated several leading cryptocurrencies into its global crypto network in the past few months, including Polygon (MATIC), TRON (TRX) and Neo (NEO). It also makes mainstream fiat payment channels available to some networks like Polygon. This will open the door for DApp developers on the network to incorporate Alchemy Pay’s legal transits and users through payment standards like Visa. To bring Mastercard and Paypal directly into their network economy.
IoTeX and Alchemy Payback are currently discussing the ability to set up fiat payments for IoTeX developers on the go, subject to the referral information. John Tan, CEO of Alchemy Pay, said, “We are excited to partner with IoTeX and offer great value for their IOTX token. IoTeX shares our vision for the future and we know the functionalities that we can deliver now and what we strive for as a partnership for the future. ”
Alchemy Payback
Alchemy Payout is an integrated provider of crypto and crypto gateway solutions that provides merchant networks, developers and financial institutions with seamless adoption of crypto and cryptocurrencies. The company is promoting the adoption of blockchain technology by making cryptocurrency investments, commercial transactions, and DeFi services easily accessible to consumers and institutions in the fiat economy. Today, Alchemy Payback supports over 65 countries with 200 payment channels and is connected to over two million merchants through partnerships with industry giants such as Binance, Shopify, Arcadier, QFPay and more.
Introduction to IoTeX
IoTeX was founded in 2017 and is an EVM-compatible blockchain platform to promote the World Wide Web of Trustworthy Items, an open ecosystem in which people and machines can interact with trust and data protection is guaranteed. IoTeX envisions a future where ordinary people can own and control their smart devices and the data and assets they create. Supported by a global team of more than 30 leading researchers and engineers, IoTeX combines blockchain, decentralized identity and secure hardware to enable user-controlled IoT devices and networks. By connecting the physical and digital world, IoTeX will strengthen the machine economy of the future and redefine the trillion-dollar IoT industry.
Author
Press Releases
Alchemy Pay is partnering with IoTeX to bring IOTX tokens to the global payments network
Press release
A new partnership has been announced between IoTeX (IOTX), the blockchain network focused on Net of Factors, and Alchemy Payback (ACH), a provider of hybrid payment solutions for cryptocurrencies. Alchemy Shell out will integrate the IOTX token into its global crypto portal so that IOTX can be widely used for business-to-business (B2B) or customer-to-business (C2B) payments. As part of the partnership, IoTeX will also join the Blockchain Infrastructure Alliance.
Alchemy Pay’s network support for IOTX offers its owners a broader range of usability. The payment network supports use in over 65 countries with more than 200 payment channels. Thanks to the integration, IOTX can now be used globally for online or in-store payments in B2B or C2B scenarios. After payment, IOTX will be converted to local fiat for merchants with higher processing times and costs than traditional payment methods.
IoTeX was founded in 2017 and was designed from the ground up as a super-fast, low-cost, layer-one blockchain compatible with the Ethereum Virtual Machine (EVM). This enables builders to integrate machine data, values and services into their decentralized applications (DApps) and to use machines as “truth referees”, which enable people / companies to do things in the real world, digital assets / reputations to acquire. The MachineFi concept from IoTeX aims to provide new financing options for the World Wide Web using verifiable machine data. IoTeX already supports real devices such as Ucam and Pebble Tracker and connects to other first-level blockchains with the aim of becoming a common hub for machine intelligence for the entire blockchain industry.
IOTX is a governance token that allows partial ownership of the IoTeX network and allows users to pay for DApps / services. Developers operate the device / DApp and their offerings via IOTX, since the services for the device / DApp are paid for by the user in IOTX. This new integration with Alchemy Payout now enables IOTX to go beyond the direct economy of IoTeX and make transactions between blockchain and non-blockchain economies more convenient and flexible.
Larry Pang, Head of the IoTeX Ecosystem, said, “IoTeX is excited to join the BIA and bring our unique Net3 infrastructure and insights to the alliance. What really sets IoTeX apart from other Layer 1 chains is the powerful IoT-oriented middleware such as DIDs, oracles and SDKs that make it easy for builders to connect devices / machines in the real world with blockchain. ”
As part of the partnership with Alchemy Spend, IoTeX will join the Blockchain Infrastructure Alliance. This alliance brings together industry leaders to jointly promote and accelerate the growth and advancement of the crypto and blockchain space, and acts as an incubator for new projects. It was founded by Alchemy Pay, near NEO, Polygon, and Conflux.
For Alchemy Shell, this means expanding its network into the World Wide Web of Points area of the blockchain. Alchemy Spend has integrated several leading cryptocurrencies into its global crypto network in the past few months, including Polygon (MATIC), TRON (TRX) and Neo (NEO). It also makes mainstream fiat payment channels available to some networks like Polygon. This will open the door for DApp developers on the network to incorporate Alchemy Pay’s legal transits and users through payment standards like Visa. To bring Mastercard and Paypal directly into their network economy.
IoTeX and Alchemy Payback are currently discussing the ability to set up fiat payments for IoTeX developers on the go, subject to the referral information. John Tan, CEO of Alchemy Pay, said, “We are excited to partner with IoTeX and offer great value for their IOTX token. IoTeX shares our vision for the future and we know the functionalities that we can deliver now and what we strive for as a partnership for the future. ”
Alchemy Payback
Alchemy Payout is an integrated provider of crypto and crypto gateway solutions that provides merchant networks, developers and financial institutions with seamless adoption of crypto and cryptocurrencies. The company is promoting the adoption of blockchain technology by making cryptocurrency investments, commercial transactions, and DeFi services easily accessible to consumers and institutions in the fiat economy. Today, Alchemy Payback supports over 65 countries with 200 payment channels and is connected to over two million merchants through partnerships with industry giants such as Binance, Shopify, Arcadier, QFPay and more.
Introduction to IoTeX
IoTeX was founded in 2017 and is an EVM-compatible blockchain platform to promote the World Wide Web of Trustworthy Items, an open ecosystem in which people and machines can interact with trust and data protection is guaranteed. IoTeX envisions a future where ordinary people can own and control their smart devices and the data and assets they create. Supported by a global team of more than 30 leading researchers and engineers, IoTeX combines blockchain, decentralized identity and secure hardware to enable user-controlled IoT devices and networks. By connecting the physical and digital world, IoTeX will strengthen the machine economy of the future and redefine the trillion-dollar IoT industry.
Other Posts
Related Posts
Latest
Sui Foundation Enters into Strategic Partnership with Franklin Templeton Digital Assets
Best Cryptos to Invest in December 2024: Qubetics Surges Past $2.6M as Solana Records Big Whale Pump and Polkadot Aims for $6
Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!
Press Release
Sui Foundation Enters into Strategic Partnership with Franklin Templeton Digital Assets
Best Cryptos to Invest in December 2024: Qubetics Surges Past $2.6M as Solana Records Big Whale Pump and Polkadot Aims for $6
