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GST Payment Public-chain: “Specific Medicine” for Economic Crisis under the Epidemic

Published

6 years ago

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The history of mankind is a history of fighting against the epidemic and a history of scientific and technological development. The COVID-19 epidemic had swept the globe in 2020, causing global economic hardship and countless people fought against the epidemic. However, the Blockchain technology greatly played the role of on-chain efficiency (namely its characteristics, such as openness and transparency, promptness and efficiency, and convenient interaction) during the epidemic. The innovation based on Blockchain and digital asset is still comprehensively carried out, and plays a very important role especially in such fields as intelligent digital management of the epidemic, cross-border payment and supply chain financial service.

Now, the Blockchain technology is increasingly being used in the emerging market and one of the primary causes is the availability of liquidity. Furthermore, there is a strict public health target and quarantine guideline now and people can realize necessary contactless experience via digital asset. It can be predicted that this new COVID-19 epidemic has caused many payment service providers to rethink their business and operating models.   

The digital asset is increasingly being recognized to be able to provide the convenience for payment, especially when it is combined with Blockchain technology. Although the epidemic still continues globally, the industry innovators have achieved remarkable growth in terms of extensible Blockchain payment solution. With Blockchain as the carrier, GST builds a new payment public Blockchain ecology, and enhances the payment speed and realizes high reliability, improves data transparency and accomplishes the reduction of long-term operating costs by the technical advantages of the Blockchain (such as distributed storage, openness, transparency and data traceability).

The cross-border payment is a good example. The real-time settlement of cross-border payment is deemed as a business requirement by many people and required by the consumers and enterprises. The GST Blockchain payment solution deeply has solved the problem relating to the cross-border payment and improved the portability and security of currency. GST can carry out payment and settlement in the premise of avoiding various central controls, is born with transnational nature, free from any geographical restriction and anonymous and tamper-proof, and can transfer the fund all over the world within several minutes.

Now, GST is carrying out GSTswap project. GSTswap is a completely decentralized digital currency exchange platform developed based on GST bottom layer. The functions of GSTswap (such as exchange, market-making capital pool and creation of trading pair) are realized by the smart contract. Each transaction is conducted by the wallet account with contract signature verification implemented, thus the record about each transaction can be found on the Blockchain; The market making is free without amount threshold limit. Everyone can participate in it and benefit from it.

Moreover, GST deems that when the financial crisis is incurred by the current epidemic, the DeFi on the Blockchain suddenly rises due to its special properties and functions and will help more people to deal with and even get rid of the crisis influence and become the “specific medicine” for overcoming the crisis, (such as avoiding risk of dollars entering the centralized stablecoins and potential financial needs vigorously promoting the DeFi lending).

There are many folk requirements of avoiding risk from buying dollars with other currencies via specialized channels and converting them into various dollar stablecoins. Because the stablecoin stock continuously increases, lots of idle centralized dollar stablecoins are with huge financial needs. Most of such stablecoins are ERC20 tokens issued via Ethereum (such as USDT and USDC) which is applicable to lending for bearing interest and transaction directly in the current DeFi agreement. As various stablecoin holders realize the liquidity and safety advantages of DEFI’s lending, there will be a large number of centralized stablecoins entering the DeFi lending and financing for bearing interest in the future.

GST also thinks that the DeFi payment and transaction will become the green channels of capital control country. Although the capital control is the requirement of protecting financial stability, it has seriously affected the normal trading and investment needs of enterprises and individuals actually, especially in some countries with relatively backward financial infrastructure, such as Egypt and Vietnam. The capital control will cause the citizens have no access to international financial infrastructure. The country’s financial infrastructure is inadequate, and even the country fails to provide the reliable basic financial services, such as cross-border transfer and transaction of financial assets. The GST DeFi payment is characterized by no border and resistance to review, as a result, the users in the controlled countries can carry out cross-border and domestic payment and transaction, and even invest DeFi synthetic assets to participate in international financial markets.

After each big crisis, some old industrial ecologies will be destroyed and the new formats will appear from the ruins. As the financial infrastructure established on the next-generation Internet, the Blockchain is believed to officially become the mainstream and provide the really inclusive, safe, reliable and reasonable financial services for the whole world after the unprecedented global epidemic+ economic crisis.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

TRX Spot and Perpetuals Listing Launches on Backpack, Expanding Access to the TRON Ecosystem

Published

37 minutes ago

on

July 29, 2026

By

Geneva, Switzerland, July 29th, 2026, FinanceWire

TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced the listing of TRX spot trading and perpetual contracts on Backpack Exchange. The listing expands market support and access to the native utility token of the TRON network, one of the industry’s most actively used blockchain ecosystems.

The listing enables Backpack users in eligible jurisdictions to trade TRX through both spot and perpetual markets on its innovative, compliant trading platform. Backpack’s regulated exchange has processed more than $400 billion in cumulative trading volume, serving both sophisticated traders and users entering Web3 for the first time.

“With over 14 billion transactions processed and 3.5 million daily users, TRON demonstrates a blockchain engineered for high-volume, real-world activity,” said Sam Elfarra, Community Spokesperson for TRON DAO. “Bringing TRON to Backpack embeds that proven infrastructure into a regulated exchange, giving users worldwide a secure gateway to trade and manage digital assets.”

Backpack’s platform supports users across more than 150 countries, combining spot, perpetuals, and a broader suite of trading products within a single compliant venue. The listing positions TRX alongside Backpack’s existing markets, offering traders in established and emerging regions alike a straightforward path to gaining exposure to TRON’s native token without needing to navigate multiple platforms or custody solutions.

This collaboration reinforces TRON’s role as a foundational infrastructure for digital asset ownership, trading, and settlement, as the network continues to broaden the number of venues through which users and institutions can access TRX. It marks another step forward in TRON’s continued expansion and growing footprint within the global digital economy.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $90 billion. As of July 2026, the TRON blockchain has recorded over 395 million in total user accounts, more than 14 billion in total transactions, and over $27 billion in total value locked (TVL), based on TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.”

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Yeweon Park
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Press Release

Young Turkish Entrepreneur Emin Can Yoldaş Expands Digital Ventures in Thailand With Launch of Independent News Platform

Published

37 minutes ago

on

July 29, 2026

By

Nineteen-year-old founder builds a digital marketing agency and a local news platform while seeking strategic partnerships to accelerate innovation and business growth across Thailand.

Thailand, 29th Jul 2026 – Young entrepreneur Emin Can Yoldaş is expanding his footprint in Thailand’s digital economy through the continued growth of his digital marketing agency, LatestVisual, and the recent launch of Thailand Paper, an independent local news platform designed to deliver timely news and community-focused reporting. At just 19 years old, the Turkish entrepreneur is pursuing an ambitious vision of combining digital innovation, media, and marketing services while creating long-term opportunities for businesses operating in Thailand.

Living and working in Thailand, Yoldaş has focused on building businesses that address the growing demand for professional digital solutions and reliable online media. His entrepreneurial journey reflects the increasing number of young founders who are leveraging international experience and technology to create businesses with both local relevance and global aspirations.

Building a Digital Marketing Agency for Business Growth

LatestVisual was established to help businesses strengthen their online presence through modern digital marketing strategies. The agency provides a broad range of services, including search engine optimisation (SEO), content marketing, web development, branding, and customised digital growth strategies designed to improve visibility and generate sustainable business results.

By working with companies seeking to expand their digital reach, LatestVisual aims to deliver practical marketing solutions tailored to each client’s objectives. As businesses continue investing in digital transformation, the agency focuses on combining creative branding with data-driven marketing approaches that help organisations compete in an increasingly competitive online marketplace.

Yoldaş believes that strong digital foundations enable businesses of all sizes to reach wider audiences, build stronger customer relationships, and create lasting brand value.

Launching Thailand Paper With a Long-Term Vision

Alongside his marketing agency, Yoldaş recently launched Thailand Paper, a local news website dedicated to covering developments across Thailand. The platform was created to provide accessible reporting while supporting a growing demand for independent digital news sources serving local communities and international readers interested in Thailand.

Thailand Paper represents a significant milestone in Yoldaş’s entrepreneurial journey. Rather than simply creating another online publication, he envisions developing the platform into one of Thailand’s leading independent news websites by continually expanding its editorial coverage, strengthening its digital presence, and investing in sustainable media growth.

The platform is expected to cover a broad range of topics relevant to readers throughout Thailand while adapting to changing digital media consumption habits.

International Ambitions Drive Continued Expansion

As a Turkish entrepreneur building businesses abroad, Yoldaş sees Thailand as a dynamic environment for innovation, entrepreneurship, and digital development. His international perspective has helped shape both LatestVisual and Thailand Paper, with each business serving different but complementary roles within the country’s growing digital landscape.

His long-term objective is to continue expanding both companies while exploring new opportunities within digital media, technology, and business development. By combining marketing expertise with media publishing, he aims to create an ecosystem that supports business growth while contributing to Thailand’s evolving digital economy.

The launch of Thailand Paper also reflects a broader trend of entrepreneurs investing in independent digital publishing platforms capable of serving increasingly connected audiences through accessible online journalism.

Entrepreneurial Spirit Extends Beyond Business

In addition to his entrepreneurial activities, Yoldaş participates in Thailand’s amateur motorcycle racing community as a Big Bike Supersport racer. His involvement in motorsports demonstrates the same determination, discipline, and competitive mindset that he applies to building businesses.

Balancing entrepreneurship with racing has reinforced qualities such as focus, resilience, and continuous improvement—characteristics that have become central to his professional development as he pursues ambitious business goals at a young age.

Seeking Strategic Partnerships for Future Growth

As both businesses continue to develop, Yoldaş is actively seeking investors, strategic partners, and business collaborations to help accelerate the expansion of Thailand Paper and LatestVisual.

He welcomes opportunities to work with organisations, investors, media professionals, and businesses interested in supporting innovative digital projects, expanding independent media initiatives, and developing new marketing solutions for companies operating in Thailand and beyond.

With ambitious plans for continued growth, Yoldaş remains committed to building sustainable businesses that combine innovation, technology, and entrepreneurship while creating value for clients, readers, and future partners.

About LatestVisual

LatestVisual is a Thailand-based digital marketing agency offering SEO, content marketing, web development, branding, and digital growth strategies that help businesses strengthen their online presence and achieve sustainable growth.

About Thailand Paper

Thailand Paper is an independent digital news platform covering developments across Thailand. The publication aims to provide timely news and expand into one of the country’s leading independent online news sources through continued editorial and digital growth.

Investor & Business Inquiries 

MR. EMIN CAN YOLDAŞ
LatestVisual & Thailand Paper
Email: hello@latestvisual.com
Website: https://latestvisual.com
Website: https://thailandpaper.com
LinkedIn: https://www.linkedin.com/in/emincanyoldas/
Instagram: @3minc4n

Media Contact

Organization: latestvisual and Thailand Paper

Contact Person: MR. EMIN CAN YOLDAS

Website: https://latestvisual.com

Email: Send Email

Country:Thailand

Release id:47668

The post Young Turkish Entrepreneur Emin Can Yoldaş Expands Digital Ventures in Thailand With Launch of Independent News Platform appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

MEXC Integrates World-Check to Fortify Institutional Grade Compliance Architecture

Published

1 hour ago

on

July 29, 2026

By

Mutsamudu, Comoros, July 29th, 2026, Chainwire

“In a rapidly maturing digital asset market, relying on fragmented risk data is a critical vulnerability. Building a resilient ecosystem demands institutional-grade intelligence.”

MEXC, the world’s fastest-growing digital asset exchange and a pioneer of true zero-fee trading, has today announced a collaboration with LSEG Risk Intelligence.This partnership enables the integration of World-Check, equipping the platform with the same risk intelligence database used by financial institutions globally, setting a new benchmark for proactive security in the cryptocurrency ecosystem.

Deploying an Institutional Grade Risk Architecture

As institutional and retail adoption of digital assets accelerates, uncompromising security measures have become a critical operational imperative. By adopting LSEG World-Check, MEXC is fusing the rigorous compliance frameworks of traditional finance with the agility of the digital economy. This strategic upgrade sets a new benchmark for the industry, ensuring the platform’s overarching security infrastructure meets regulatory standards.

Precision Screening and Preemptive Ecosystem Defence

World-Check is globally recognised as the authoritative and trusted source for risk intelligence. To execute its high-level security strategy, MEXC is embedding this premier data directly into its internal workflows. This integration facilitates real-time screening and cross-referencing against global regulatory and sanctions watchlists. Crucially, the system identifies Politically Exposed Persons (PEPs) and continuously tracks adverse media to swiftly intercept illicit actors. This dual capability fundamentally reinforces the exchange’s Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) protocols.

Securing the Future of Digital Asset Trading

Shifting away from reactive regulatory measures, MEXC is engineering a preventative approach to platform security. The integration helps the exchange filter out high-risk actors during initial onboarding and continues monitoring existing accounts, keeping the trading environment clean.

Vugar Usi, Chief Executive Officer of MEXC, said: “At MEXC, protecting our users and partners is non-negotiable. By integrating LSEG’s World-Check risk intelligence platform into our digital asset infrastructure, we are setting a new standard for compliance and transparency in the industry. This partnership reflects our steadfast commitment to building a trading environment that not only meets today’s regulatory expectations but anticipates tomorrow’s. We are dedicated to creating an ecosystem where legitimate participants can engage with confidence, and our collaboration with LSEG ensures we have the screening capabilities to deliver on that promise. “

Michael Meadon, Director, Asia Pacific at LSEG Risk Intelligence, said: “As digital assets continue to mature, market participants are rightly expecting the same level of rigour they see across traditional finance. By integrating World-Check into its compliance workflows, MEXC is strengthening its ability to identify high-risk actors, enhance screening at onboarding and through ongoing monitoring, and support a safer trading environment for users globally.”

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: media@mexc.com

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MEXC PR team
media@mexc.com

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