Introduced in 2019, a concept turned reality or rather a theory made practical and improvement been made on daily/weekly basis, what is PlatON SUPER CLEARINGHOUSE?
PlatON as discussed on several article is a web3 open financial infrastructure with privacy preserving computation running on it's own network with years of public stress and test and a transaction completion of speed of 1.062sec.
In 2019, PlatON introduced the concept of super clearinghouse, one that would allow the tokenization of asset at a go without the need of 3rd party confirmation, capable of clearing and settlement across all boards from traditional retail payments or credentialed assets such as bills, bonds, securities, to even data. The concept is one that is bound to change how financial services operates while cutting cost of operation and also the assurance of 24/7 working services.
Over the years the concept as soon turn to reality and this can be seen from the recent operation of ZKPay, one capable of instantly making smart money which allows payment processing across all corners of the world from qr payment to bar code scan the concept is simply beyond imagation and a video explaination can be gotten below.
PlatON super clearinghouse is one capable of changing finance or rather upgrading from its legacy siloed payment-clearing systems to one backed by a smart contract, self operational and completion speed of less than 6secs.
For further preview of possibility on PlatON super clearinghouse then check the recent tweet made from PlatON official X(previously called Twitter) account here
Also don't forget to follow PlatON for more information and future updates.