DeFi Infrastructure
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PAID Network has partnered with AnRKeyX, a decentralized Finance Gaming Platform Exchange that has created an innovative gaming industry called m$ports (money sports) by combining elements of DeFi, eSports, and Web 3.0 non-fungible tokens (NFTs) into one, on their gaming platform. AnRKeyX will use PAID Network’s SMART Agreements in its decentralized ecosystem to streamline its back-office internal operations, empowering AnRKeyX’s team to work more efficiently and focus their attention on scaling their m$ports’ project to new heights.
JD Salbego, CEO & Founder of Anrkey X’s, said, “We’re excited to work together with PAID Network! Having a large decentralized team scattered all over the world can sometimes be a bit tricky. We feel confident Paid Network’s DeFi powered SMART Agreements will streamline our back-office processes for payments and contracts, thereby enabling us to focus on what truly matters for AnRKey X- making kick-ass DeFi powered arcade games.”
Blockchain and decentralization have significantly impacted many areas of all existing industries, and are now revolutionizing the gaming industry, with AnRKeyX as a pioneering forerunner. PAID Network is proud to be a part of this movement, and excited to provide its SMART Agreement protocol powered by DeFi features to our new partner, AnRKeyX.
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PAID will accomplish this through its implementation of standardized language SMART Agreements, biometrics-validating their employees and contractor’s user profiles, a built-in reputation scoring system recorded on blockchain; and its decentralized arbitration system for quick and reliable dispute resolution. PAID Network’s goal is to bring in a true sense of trustless-ness and operational efficiency to business processes, in line with blockchain’s governing ethos. in early January of 2021, UAE Based Alphabit Fund led a 2 million USD investment in PAID Network.
Kyle Chasse, CEO of PAID Network, added, “AnRKeyX like PAID Network, both set out to revolutionize their legacy industry counterparts; so it is very exciting to partner with AnRKeyX and provide them with our DeFi-powered business agreement’s DApp to help them streamline their internal and decentralized operations. So they can dedicate themselves to doing what they do best: revolutionize the gaming industry.”
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