💳 Visa Approves Transactions. Can $NEWT Approve Cryptocurrency Transactions?
There was one comparison that truly made me reconsider my understanding of on-chain finance.
Unlike the instant processing of a Visa card transaction, the latter must go through the authorization step.
In cryptocurrency, most of the blockchains will check if the transaction is valid rather than if the transaction makes sense.
Here comes @NewtonProtocol which brings an alternative approach to on-chain finance.
Without replacing the blockchain technology, Newton Protocol creates an additional layer of authorization of the transactions.
This means that identity checks, spending caps, compliance requirements and many other aspects of the transaction could be checked even prior to executing it.
With the increase in the activity of AI agents and organizations in Web3, I think that the authorization aspect will become crucial as much as the execution aspect.
💬 What do you think – should the on-chain payments have an authorization layer as in traditional finance?
@NewtonProtocol #Newt
#USADP98KMiss #BlackRockIBITHoldingsFallNearly100000BTC #USADP98KMiss #AvalancheTreasuryFlagsGoingConcernRisk $TLM $BIRB
🚀 What's the real upgrade?
There was one comparison that truly made me reconsider my understanding of on-chain finance.
Unlike the instant processing of a Visa card transaction, the latter must go through the authorization step.
In cryptocurrency, most of the blockchains will check if the transaction is valid rather than if the transaction makes sense.
Here comes @NewtonProtocol which brings an alternative approach to on-chain finance.
Without replacing the blockchain technology, Newton Protocol creates an additional layer of authorization of the transactions.
This means that identity checks, spending caps, compliance requirements and many other aspects of the transaction could be checked even prior to executing it.
With the increase in the activity of AI agents and organizations in Web3, I think that the authorization aspect will become crucial as much as the execution aspect.
💬 What do you think – should the on-chain payments have an authorization layer as in traditional finance?
@NewtonProtocol #Newt
#USADP98KMiss #BlackRockIBITHoldingsFallNearly100000BTC #USADP98KMiss #AvalancheTreasuryFlagsGoingConcernRisk $TLM $BIRB
🚀 What's the real upgrade?
Faster Payments ⚡
Safer Payments 🛡️
Smarter Payments 🧠
11 剩餘小時數