PlatON aims to revolutionize the global payment infrastructure by becoming the 'Visa of Web3,' eliminating the need for third-party financial intermediaries. The transition from Web2 to Web3 in finance presents lucrative market opportunities, with projections indicating a potential $5.5 trillion market by 2030. Experts suggest that attracting retail users to blockchain and its ecosystem can be achieved through robust payment infrastructures. PlatON, initiated by the LatticeX Foundation, aims to create an open-loop system akin to Visa to facilitate the transition to Web3 seamlessly. By leveraging verifiable computation and blockchain technology, PlatON ensures secure data accessibility, enabling global data circulation and P2P computing power trading. The introduction of TOPOS, a Web3 payment and clearing system, further enhances PlatON's capabilities, offering efficient cross-border remittances and innovative payment methods like QRPAY and ZKPAY. PlatON continues to enhance its ecosystem to provide secure, efficient, and flexible digital asset management for financial institutions, driving financial innovation and advancing cross-border payments in the Web3 era. Read more AI-generated news on: https://app.chaingpt.org/news