As an analyst with extensive experience in the blockchain and digital asset industry, I believe that BVNK’s new product, Layer1, is a game-changer for businesses looking to integrate stablecoin payments into their operations. The complexity and time-consuming nature of building in-house blockchain payment systems are well-known in this space, and BVNK’s solution addresses these challenges head-on.
BVNK, a leading global stablecoin payment provider, unveils its latest offering: Layer1. Designed for businesses, this self-contained, self-managed digital asset infrastructure enables swift and secure launch of stablecoin payments with complete autonomy and privacy over their digital assets.
Layer1 simplifies the process of creating in-house blockchain payment systems by offering automated essential functions such as wallet generation, account balancing, asset administration, and connections to external partners.
Donald Jackson, the Co-founder and CTO of BVNK, expressed: “There’s increasing interest among businesses to create products using blockchain technology. However, it remains intricate and laborious as each blockchain and digital asset comes with its distinct characteristics. Being in a privileged position, we’ve spent the last five years constructing our global payments infrastructure from scratch.”
He additionally emphasized that Layer1 represents the accumulation of knowledge, enabling businesses to initiate digital asset transactions without having to master blockchain complexities or keep track of network specifics like hard forks. Furthermore, it eliminates the need for companies to assemble a team of engineers for two years to create custom software.
Using Layer1, businesses have the ability to initiate digital asset payments across various regions in a brief period, requiring less than 200 lines of code and just a few weeks for implementation. Notable features include:
With Layer1, businesses can streamline the process of connecting to various blockchains for managing stablecoins and other digital assets. Additionally, Layer1 offers API integration with Talos, enabling businesses to manage their entire digital asset trading workflow, including connections to multiple crypto exchanges, directly from Layer1.
In contrast to other market options, Layer1 empowers businesses to retain complete custody and proprietorship over their data and digital asset keys.
As the CEO and co-founder of BVNK, I’ve observed a growing trend among businesses across various sectors, including finance giants, trading companies, and crypto startups. They are showing a heightened preference for self-hosted solutions. With Layer1, we have engineered a solution that grants these firms direct access to essential stablecoin payment infrastructure. This empowers them to focus their resources on creating unique and innovative products instead.
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2024-06-27 12:20