UAE – Mubasher: WadzChain Network, a global leader in blockchain technology, has launched one of the world’s first hybrid blockchains to transform global payments for businesses, according to a press release.
WadzChain’s user-friendly interface and highly scalable platform provide appropriate solutions for businesses looking for secure, scalable, fast, and cost-effective transactions locally or globally over encrypted blockchain networks.
The hybrid blockchain is developed to cater to all types of payments needs, including micropayments, high-volume payments, disbursements, benefits, and many more.
Backed by collective industry expertise of more than 250 years, the platform meets the needs of government, corporations, merchants and consumers while being highly scalable, with the capacity for up to 10,000 TPS.
In line with its strategy, the company announced key investments across several critical areas, including the Testnet and Mainnet developments, as well as increasing marketing and community engagement, while expanding its listings on prominent platforms.
Anish Jain, Founder of WadzChain Network, commented: “As the payment ecosystem evolves, WadzChain will serve as the backbone, offering unparalleled scalability, security, and flexibility. We are committed to building a global, future-proof solution that addresses the complexities of modern payment systems.”
Senior Vice President at WadzChain Network – Stas Madorski, said: "Our hybrid blockchain is designed to empower businesses with the tools they need to thrive in an increasingly connected world.”
“With its hybrid approach, modular infrastructure, and the company’s deep understanding of payment demands, we believe that WadzChain will become the default blockchain payments platform globally," Madorski added.