#IOST Introduction
IOST was established in 2017 and is headquartered in Singapore, supported by top global investment institutions such as Sequoia Capital, Matrix, and ZhenFund. Today, IOST is fully upgrading to a Web3 decentralized payment network through PayPIN. With PayPIN, IOST has built a decentralized Web3 payment network aimed at completely transforming the payment experience in the Web3 space.
Based on IOST 3.0, PayPIN utilizes chain abstraction layers, decentralized identity (DID), and a unified payment protocol to achieve seamless cross-chain payments and multi-chain asset management. To further enhance performance and scalability, PayPIN integrates Layer-2 solution PayFi, allowing it to connect to a broader blockchain ecosystem and support various payment scenarios.
Official website: iost.io
Block Explorer: iostscan.com
Link3: link3.to/iost
Zendesk: iost.zendesk.com
IOST Chinese Community X: x.com/IOST_CN
IOST Chinese Community Telegram: t.me/IOSTChina
IOST Chinese Community Medium: medium.com/iost-cn
IOST Progress Biweekly Report | 2024.12.10–2024.12.23 was originally published in IOST_CN on Medium, where people are continuing the conversation by highlighting and responding to this story.
