GLOBAL PAYMENT INFRASTRUCTURE IS STUCK IN THE 1990s. SOUTH KOREA'S BIGGEST PROCESSOR JUST CHOSE AVALANCHE TO FIX IT.
Legacy payment systems are slow, rigid, and can't be customized. Every merchant runs on the same rails. No flexibility. No privacy. No speed.
NHN KCP looked at the problem and chose Avalanche.
Dedicated L1. Ultra-fast authorization. On-chain encryption. Merchants launching their own mainnets and digital wallets.
This isn't a blockchain company pretending to do payments. This is a payments company choosing blockchain because nothing else solves the problem.
AvaCloud handles the infrastructure. NHN KCP focuses on the business.
The model scales to every payment processor in every country facing the same limitations.
- by AltcoinBuzz
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