- WadzChain Network has introduced a hybrid blockchain designed to transform global payments for businesses.
- With the ability to process up to 10,000 transactions per second (TPS), WadzChain’s platform is designed to meet the needs of diverse payment scenarios, from micropayments to large-volume transfers.
- The platform supports multiple digital assets and is compliant with global regulations, enabling businesses to handle cross-border payments seamlessly while integrating CBDCs.
WadzChain Network has launched one of the world’s first hybrid blockchains, aiming to reshape the landscape of global payments for businesses. With a blend of scalability, security, and cost-effectiveness, the company is positioning itself as a major contender in the fast-evolving blockchain payments space.
At the core of WadzChain’s offering is a hybrid blockchain platform, which integrates both public and private elements. Using a Layer 1 public Proof of Stake (PoS) and Layer 2 private Proof of Authority (PoA) consensus mechanism, WadzChain is designed to cater to a broad spectrum of payment needs, from micropayments to high-volume transactions. The company boasts an impressive throughput of up to 10,000 transactions per second (TPS), making it well-suited for both small businesses and large enterprises.
The launch underscores WadzChain’s ambition to address the growing complexities of modern payment systems by offering a more efficient and flexible solution. The company highlights that its platform is compliant with global regulations and supports multiple digital assets, enabling businesses to operate in both public and private environments. This flexibility is key for enterprises looking for secure, fast, and scalable transactions, particularly in a time when cross-border digital payments are on the rise.
WadzChain’s leadership believes this technology could become the backbone for global payment infrastructures. “At WadzChain, we are leveraging our experience in the global payment industry to create a secure and user-friendly payments platform for global enterprises,” said Anish Jain, Founder of WadzChain Network. “Our vision is to become the central switch for all payments globally, providing interoperability across all digital currencies, including CBDCs [central bank digital currencies].”
The hybrid architecture, combined with smart wallet integration and support for decentralized finance (DeFi) applications, opens doors for businesses to build tailored payment solutions. This could appeal to a diverse set of industries looking for cutting-edge payment systems that balance scalability with strong security protocols.
WadzChain’s Testnet is a key part of its strategy, inviting developers to experiment with and create applications on the platform’s versatile infrastructure. The Testnet’s results will inform the phased rollout of its mainnet, which the company hopes will build on initial developer feedback to ensure a robust and business-friendly final product.
Stas Madorski, Senior Vice President at WadzChain, emphasized the strategic shift toward fortifying the company’s foundation for future growth. “WadzChain represents a new frontier in global payments, where speed, security, and scalability come together seamlessly,” said Madorski. “Our hybrid blockchain is designed to empower businesses with the tools they need to thrive in an increasingly connected world.”
Madorski envisions that WadzChain will become the default blockchain payments platform globally.
The company is making significant investments in developing its Testnet and Mainnet, as well as ramping up marketing efforts and expanding its listings on key platforms. These advancements, which could involve some internal restructuring, are aimed at ensuring WadzChain remains agile and ready to seize new opportunities as it evolves.
While the hybrid blockchain space is still relatively nascent, WadzChain’s innovative platform—supported by over 250 years of collective industry expertise—could position it as a leader in global payment solutions, providing a much-needed bridge between decentralized finance and traditional financial systems.
