DLTPAY, A Web3 Payments Platform for Businesses, Joins Chainlink BUILD

DLTPAY
3 min readJul 7, 2023

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Chainlink x DLT Payments

We’re excited to announce that DLTPAY is officially joining the Chainlink BUILD program. As a part of BUILD, we aim to accelerate ecosystem growth and the long-term adoption of stablecoin payments by gaining enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater cryptoeconomic security, in exchange for a commitment to provide network fees and other benefits to the Chainlink community and service providers, including stakers.

DLTPAY has long been an active participant and believer in Chainlink. Our participation in BUILD furthers our integration with Chainlink, with added benefits of priority support from the Chainlink ecosystem, increased access to dApps needing non-custodial stablecoin payments, and stronger incentive alignment between the Chainlink and DLTPAY communities.

We’re confident that through enhanced support, secure off-chain services, and the backing of Chainlink’s vibrant community, we can accelerate awareness of DLTPAY and realize the adoption of non-custodial DeFi services and on-chain stablecoin payments.

DLTPAY: Web3 Payments for Business

DLTPAY’s mission is to advance the adoption of Web3 payments in a commercial and business setting. With a non-custodial DeFi platform focused on near-instant on-chain payments, we are bringing DeFi services to real-world businesses. Platform features are set to include recurring stablecoin payments for SaaS companies, on-chain invoices, wallet interface swaps, and DeFi data tools for accountants.

Why We Joined Chainlink BUILD

DLTPAY joined BUILD to maximize the benefits of security and reliability that Chainlink’s oracle infrastructure provides. As part of BUILD, DLTPAY will receive key benefits, including access to and integration of Chainlink Price Feeds to power secure stablecoin payments and Chainlink Automation to enable reliable recurring payments, access to new Chainlink product alpha and beta releases, among other benefits.

In exchange for these services, DLTPAY will make 8.25% of its native token supply available to Chainlink service providers, including stakers, over time. These mutually aligned economic incentives enable both communities to support one another.

“We’re thrilled to join Chainlink BUILD to gain access to industry-leading Web3 services, technical support, and a robust cryptoeconomic model that empowers us to build stablecoin payments systems with greater security assurances. We look forward to continuing our collaboration together and we welcome the passionate Chainlink community into the DLTPAY ecosystem.” — DLTPAY Co-Founder and CEO, Kenneth Kumor

About Chainlink

Chainlink is the industry-standard Web3 services platform and has enabled trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain, and provides global enterprises with a universal gateway to all blockchains.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.

About DLTPAY

DLTPAY — an all-in-one DeFi and payments platform on top of the EVM Layer-2 ecosystem, tailored for SMEs and enterprises. The platform incorporates features such as cross-chain swaps, staking, analytics, payroll system, and stablecoin invoicing & accounting functionality.

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DLTPAY

Experience seamless Web3 transactions for your enterprise with https://dltpay.com