WadzPay Integrates Algorand to Power Blockchain Payments
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WadzPay Integrates Algorand to Advance Blockchain-Based Payments Adoption
By pairing up with Algorand, WadzPay aims to supercharge the blockchain adoption in the payments space. With a combined experience of 250+ years from leading corporations, the WadzPay team is working on several projects in the payments space. By integrating the Algorand blockchain, WadzPay team will be able to implement its technology on their in-progress projects.
How Does WadzPay Plan to Integrate Algorand?
WadzPay believes that Algorand is an ideal partner because it has all the attributes to enable seamless blockchain-based payments - fast transactions, near-instant finality, and stability. The association of these two platforms that focus on blockchain-based payments includes multiple short-term plans.
Integration of WadzPay's digital wallet ecosystem with Algorand blockchain, exploring solutions for real-time point-of-sale payments, leveraging Algorand for remittances where WadzPay's services are used, reinventing loyalty by introducing tradable programs on permissioned and hybrid blockchains, and utilizing Algorand for gaming and NFT projects, are a part of the short-term scope of this collaboration.
Sharing Similar Vision for Blockchain-based Payments
Anish Jain, Managing director and CEO of WadzPay, took to Twitter to state that the two platforms share a similar vision - providing accessible, faster, and cheaper blockchain payments. Both platforms are in sync when it comes to their approach toward blockchain payments, loyalty programs, and interoperability between legacy and next-generation payment ecosystems.
While WadzPay looks forward to providing value with its highly experienced team, Algorand's objective is to offer the benefits of its protocol to WadzPay's partner network. By working together on developing blockchain-based payments solutions, Algorand and WadzPay strive to create the biggest blockchain adoption drive in history.