PAID Network and Kardiachain team up to reduce barriers to Blockchain Adoption

KardiaChain
KardiaChain
Published in
3 min readApr 7, 2021

We are thrilled to announce a partnership with an exciting project PAID Network, a pioneer DApp aiming to redefine the current SMART Agreements model. PAID Network will integrate their smart contracts on KardiaChain network to utilise KAI technical prowess and transform the traditional financial industry.

With the DeFi movement gaining more attention and involvement in both blockchain and mainstream, more and more traditional businesses are exploring options to utilise blockchain technology. With this growing demand for business “blockchainisation”, business agreements via blockchain smart contracts are essential with the advantages of being transparent, traceable and secured.

Since the launch of the fully-decentralized and fully-interoperable KardiaChain Mainnet, the network has begun to gain tractions with other projects due to all the recognisable advantages:

  • Faster: 3–5 seconds settlement speed, faster than ETH (10–20 seconds).
  • Near-Zero low fee: cheaper than ETH.
  • Powerful performance: 6000+ TPS (compare to 100 TPS ETH).
  • More security: KardiaChain offers a DEX with full CEX experiences, BFT DPoS consensus from top 20 big enterprises in a wide range of businesses in Vietnam like FADO, Bitis, Hung Thinh Real Estate, etc.
  • Vast exposure: With KAI intention of blockchainise many traditional enterprises, utilising smart contracts business to transform them will create more recognitions and opportunities for future implementations.

This partnership with PAID Network utilising the business smart contract is another leap toward mass adoption of bringing blockchain to the enterprise market. We are very excited to be working with PAID Network in the coming months to have the technology integration and rolling out the features to our traditional business partners.

About PAID Network

PAID Network is an ecosystem DApp seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users to create their own policy to ensure they Get PAID.

PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts to execute DeFi transactions and business agreements seamlessly. PAID is invested in and partnered with multiple renowned names in the blockchain world, such as Master Ventures, Phoenix CryptoVC, DuckDAO, AU21 Capital, Chainlink, Tomochain, Kylin, etc.

PAID streamlines backend legal operations with SMART Agreements, so that projects can focus on making their brand to be more prominent.

Find out more about PAID Network:

Website: PAIDNetwork.com

Telegram: @PaidNetwork

Twitter: @PAID_Network

Medium: @PAIDNetwork

Website | Official Telegram community | Official Vietnamese community |Official Announcement | Reddit | Medium | Twitter | Linkedin

--

--

KardiaChain
KardiaChain

UNIFIED BLOCKCHAIN ECOSYSTEM — The first fully decentralised interoperable and self-optimised blockchain ecosystem