Revolutionizing Global Payments: Venom Blockchain and United Network Join Forces
Venom Blockchain and United Network Forge Strategic Partnership to Power Next-Generation Payment Systems
In a groundbreaking move that could redefine the future of global payments, Venom Blockchain and United Network have joined forces to create a revolutionary blockchain-powered payment infrastructure. This unique partnership aims to harness the speed and security of blockchain to transform the use of Central Bank Digital Currencies (CBDCs) and stablecoins.
One of the key highlights of this collaboration is the speed redefined by the Venom Blockchain backbone, which unlocks the potential for lightning-fast card transactions. With a capacity of over 100,000 transactions per second (TPS), Venom Blockchain blurs the lines between traditional payment methods and the world of cryptocurrencies.
Scalability for the future is another key aspect of this partnership, with dynamic sharding empowering the system to expand alongside growing adoption, making it future-proof. The uncompromising security offered by United Network’s payment cards, multi-factor authentication, and digital wallets, coupled with Venom’s focus on government-level security, creates a fortress for transactions.
Moreover, the power of smart contracts is unleashed through Venom’s account abstraction, allowing the deployment of smart contracts and ushering in automation to streamline payment processes.
Christopher Louis Tsu, CEO of Venom Foundation, expressed his excitement about the partnership, stating, “Venom Blockchain and United Network are transforming payments. Integrating our blockchain’s capabilities with United Network’s infrastructure unlocks the power of smart contracts. It sets the stage for seamless CBDC and stablecoin transactions, a major step towards mass adoption.”
Venom Blockchain is a high-throughput Layer 0 blockchain platform known for its asynchronous dynamic sharding and Threaded Virtual Machine (TVM), ensuring scalability, seamless cross-chain interactions, and developer-friendliness for Web3 applications and government solutions. On the other hand, United Network brings expertise in ready-to-deploy payment infrastructure, making them a leader in building national and global payment ecosystems for fiat-backed stablecoins and CBDCs.
This strategic partnership between Venom Blockchain and United Network is set to power next-generation payment systems, revolutionizing the way we conduct transactions on a global scale.
