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MetaPay-Open the Era of Meta Payment

Published

5 years ago

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Since the birth of mankind, we seem to have never experienced lasting peace and prosperity. We have tried our best to build one civilization after another, but because of lack of trust and coordination, it always disappeared immediately. In the evolution of the universe, humans have walked for millions of years, but even though they have faced countless difficulties together, they still cannot understand each other in the end.

Just when we were about to lose confidence, the emergence of blockchain relighted our hopes. The greatness of decentralized consensus is that code is more reliable than human nature, and “Code is Law” can last the development of civilization. Decentralization allows independent thoughts to shine like stars, and at the same time allows trillions of individuals to reach a commendable consensus on the identification of rules and trends, and enable the collaboration between humans to reach an unprecedented height and breadth.

In the collaboration between many humans, MetaPay shines with the brightest light, guiding us towards eternity.

Why is MetaPay followed by the public?

We know that the existing global payment system relies on the establishment of various centralized governments, central banks and some third-party payment institutions. There seems to be no problem with the existing payment system, it has very fatal flaws.

Firstly, the fully centralized governance system makes the system very easy to be attacked by hackers, and once it is attacked, it will cause catastrophic consequences. Secondly, the high transfer fees and management fees have seriously harmed the interests of users. Thirdly, when it comes to cross-border transfers and payments, the speed and efficiency will be greatly reduced, which is not conducive to the development of commercial trade.

Based on these market pain points, the founding team of MetaPay put forward the idea of ​​meta-financial payment.

Meta Finance, derived from Metaverse, is committed to the construction of virtual and real payment infrastructure，is a safe and efficient Meta financial payment ecosystem based on the Ethereum Layer 2 expansion protocol developed by genius blockchain technology geeks. The main direction is cross-chain payment and ecological construction of virtual assets, including decentralized payment , pledge, liquidity mining, NFT aggregator, etc.

The reason why MetaPay can carry the efficient and complicated payment requirements is because of its strong cryptographic algorithm. It uses the discrete logarithm encryption and elliptic curve encryption which are commonly used in modern public key crypto systems. At the same time, it uses the non-interactive zk-SNARKs zero-knowledge proof system to completely address the issue of transactions being traced to expose user privacy.

MetaPay adopts the Layer 2 technology based on Ethereum, and achieves a flash payment experience comparable to Internet products through expansion of the off-chain channel. In addition to the extremely fast payment experience, there is no handling fee in the off-chain channel, which effectively solves the problems of slow speed and high gas fee of the Ethereum.

It is mainly achieved through the following three aspects：

Two-way payment channel

Two participants create a ledger entry on the blockchain, which requires the two participants to sign any fund expenditures. Both parties create transactions that return ledger entries to their respective allocations, but do not broadcast them to the blockchain. They can update the personal distribution of ledger entries by creating many transaction expenditures from the current ledger entry output. Only the latest version is valid, which is enforced by smart contract scripts that can be analyzed by the blockchain. By broadcasting the latest version to the blockchain, any party can close the entry at any time without any trust or custody.

Lightning Network

By creating a network of two-party ledger entries, you can find a path across the network, similar to routing data packets on the Internet. The nodes on the path are not trusted because the payment is executed through a script that enforces atomicity (the entire payment succeeds or fails) by decrementing the time lock. In order to expand Lightning Network in Layer 2, MetaPay incorporates two basic protocols, RSMC (Revocable Sequential Maturity Contract) and HTLC (Hash Clocked Contract) in the transaction verification process of the underlying protocol which is to build the Fund pool on Layer 2 and the establishment  of payment channels.

The Lightning Network on Layer 2 has many advantages. The first is instant determinism. As long as the signatures of all parties pass the status update, the status will be “confirmed” without waiting for block confirmation on the blockchain; Secondly, The status update is off-chain, and peer-to-peer communication can guarantee privacy. Only the final status will be submitted to the blockchain. Finally, there is a low gas fee. The Lightning Network only needs to settle and clear the fees on the blockchain when the channel is opened and closed. At other times, no matter how the two parties update in the channel, the transaction is free.

Blockchain arbitration mechanism

It is possible to conduct transactions outside the blockchain without restrictions. It is also possible to conduct off-chain transactions with the confidence that it is executable on the blockchain. This is similar to the way one person enters into many legal contracts with others, but there is no arbitration every time a contract is signed. By making transactions and scripts parseable, smart contracts can be executed on the blockchain. Only in the case of non-cooperation, arbitration will be intervened. But for blockchain, the result is certain.

There is no doubt that the technical team of MetaPay understands the pain points of the current market very well. Through the above three points, MetaPay can completely break the congestion of existing Ethereum network transactions and achieve the best transaction speed in the entire network.

The MetaPay system with advantages such as instant payment, high scalability, low cost and cross-chain will help mankind get rid of the shackles of the existing payment system and realize the ultimate dream of payment freedom.

If you think MetaPay’s planning stops at payment, then you are wrong. After completes the payment infrastructure, it will use Meta NFT as the starting point to fully deploy the metaverse ecology.

Let’s first look at the layout of Meta NFT. It aims to build the world’s largest NFT asset and financial derivatives trading platform with the richest ecology and the strongest technical strength.

Therefore, Meta  NFT is integrating more than 100 animation IP and 1,000 global artists and collecting more than 5,000 contemporary artworks as a reserve. Users will be free to trade NFT assets including artwork and real estate in Meta NFT.

In addition to NFT asset trading, Meta NFT allows users to mint their custom NFT assets.

Users can directly create NFTs in Meta NFT Layer 2, and the changes in the state of the world in the system are similar to recharging NFTs. Web, Mobile App and API-based user interfaces to the Mint smart contract will be developed to make asset creation and management a simple process. The following parameters define a new custom asset:

Currently, MetaPay has completed the construction of the development team, the internal structure of the functional prototype, and is focusing on the development of the first version of MetaPay. Although the development work is still in progress, MetaPay has completed the internal angel round of fundraising and is in the process of private sales. At present, it has received preliminary investment intentions from global leading institutions such as CMS, AU21, DFG, NGC, Rarestone, LinkPad, etc.

As of press time, the MetaPay team is still intensively developing. It is believed that users will be able to directly use MetaPay and NFT asset trading shortly. We are very much to see it soon.

If you want to know lates news about MetaPay, please check following links:

MetaPay Twitter：https://twitter.com/Metapay1/

MetaPay Telegram：https://t.me/metapaygroup

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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

Greenworks Deepens Its Localisation Strategy in Europe, Building a New Pillar for Global Growth

Published

4 minutes ago

on

July 1, 2026

By

Florence, Italy, 1st Jul 2026, Grand Newswire – At the Greenworks European Dealer Conference, Greenworks announced the rollout of its 24V PowerAll power tool range across Europe, marking the completion of its rollout across the United States, Asia-Pacific and Europe. It marks a new phase in its strategy, with power tools becoming a core pillar alongside its established garden tool business. According to Grand View Research, Europe accounted for 23.5% of global power tool revenue in 2025. A German dealer noted that the shift to integrated battery systems has changed customer purchasing behaviour, reflecting broader industry evolution.

“Europe is one of the world’s core markets for power tools and a key pillar of Greenworks’ globalisation strategy. We will continue to improve our local operating system, deepen collaboration with partners and, through the Greenworks Power ecosystem” said Chen Yin, CEO of Greenworks.

The 24V PowerAll platform is built around a unified battery ecosystem designed for both DIY and professional users. It includes a Home DIY product line for everyday household tasks and a Pro line for high-intensity professional applications, serving users from homeowners to electricians, builders and maintenance professionals. The platform covers more than 200 compatible products, enabling one battery to power drills, saws, lawn mowers, pressure washers and vacuum cleaners across multiple categories. It also enables cross-category energy sharing, strengthening long-term user retention and brand engagement.

Based on 24V lithium-ion technology and brushless motor systems, the platform delivers stronger power, longer runtime and higher efficiency. A shared battery architecture also reduces user costs while increasing convenience and cross-category usability. Greenworks has also introduced USB-C fast charging with advanced GaN technology, improving charging efficiency for tools and portable devices.

In Europe, Greenworks is strengthening localisation across channels, supply chain, product portfolio and brand operations. The company continues to expand its European presence while enhancing its Greenworks Commercial offering for professional landscaping and urban maintenance. The European Operations Center in Florence, Italy, plays a key role in improving logistics efficiency and supporting faster response times across regional dealer networks.

Greenworks will continue investing in lithium-ion battery innovation and brushless motor technologies to support sustainable electrification across global markets.

Media Contact

Organization: Greenworks

Contact
Person: Marcus Gu

Website:

https://greenworkstools.eu/

Email:

Marcus.gu@globetools.com

City: Florence

Country:Italy

The post Greenworks Deepens Its Localisation Strategy in Europe, Building a New Pillar for Global Growth
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Press Release

Utorg Obtains MiCA License as July 1 Deadline Forces Much of the Industry Out of Europe

Published

19 minutes ago

on

July 1, 2026

By

Dubai, UAE, July 1st, 2026, Chainwire

Utorg, a crypto wallet and card platform built on institutional-grade infrastructure, today announced it has received full authorization under the EU’s Markets in Crypto-Assets (MiCA) regulation, effective July 1, 2026 – the date on which the industry’s transitional period ends and unauthorized providers can no longer legally serve European users. 

The company, which also provides regulated crypto rails, wallets and stablecoin infrastructure to businesses across 130+ countries, is among a small number of platforms to have completed the full authorization process and is now cleared to operate across all 29 EEA member states, a combined market of over 450 million people.

What MiCA means for users

MiCA is the EU’s first unified regulatory framework for crypto-assets, establishing binding standards on consumer protection, transparency, and financial integrity across all member states.

For users, MiCA authorization means concrete protective measures that previously did not exist in crypto: funds must be held separately from company assets, fees must be disclosed upfront, and users have a legal right to file complaints with a national regulator. If a MiCA-authorized platform fails, user assets are protected under EU law (not subject to the discretion of an offshore jurisdiction).

For Utorg, the authorization is the result of a full regulatory review of its products, operations, and compliance infrastructure. It also means ongoing oversight: Utorg is now subject to regular reporting obligations and supervisory review under EU financial law.

Industry background

July 1, 2026 marks the end of MiCA’s transitional period – the point at which crypto-asset service providers without full authorization can no longer legally serve users in the EEA. 

In the months leading up to the deadline, a significant portion of the market has withdrawn from or restricted European operations. Utorg is among the few platforms to have completed the full authorization process and is operational from day one of the new regulatory regime.

Eugene Petrakov, Co-founder of Utorg, said: “Most of the industry spent the last two years hoping MiCA would get delayed or softened. We spent it building toward it. For European users, July 1 means fewer options, stricter standards, and a much shorter list of platforms they can actually trust. We intend to be at the top of that list, not just because we’re authorized, but because we built a product that is safe by design. The license confirms what was already true.”

Utorg’s products available to EEA residents

From July 1, EEA users can continue to access Utorg’s full product suite through the Utorg App, including:

  • A crypto wallet supporting buy, send, receive, store, and swap across 170+ cryptocurrencies and 14 blockchains, including BTC, ETH, and SOL. Thanks to its non-custodial nature, Utorg has no access to users’ funds at any point.
  • A crypto card accepted at 80 million+ merchants worldwide, with Google Pay and Apple Pay support and allowing users to spend their crypto as they wish. It’s worth mentioning that there are no fees for issuance, maintenance, or top-ups.

This crypto card operates under strict AML (Anti-Money Laundering) and KYC (Know Your Customer) compliance requirements, as mandated by MiCA, ensuring users benefit from the full protections afforded by EU law. 

For card payments specifically, Utorg holds a PCI DSS Level 2 certificate under the Payment Card Industry Data Security Standard. This is the same security framework used across the traditional payments industry, and it governs how card numbers, transaction records, and personal details are stored, processed, and transmitted. Compliance is verified through regular audits by an independent assessor.

About Utorg

Founded in 2019, Utorg is a crypto infrastructure and consumer application fintech company operating across 130+ countries. It provides regulated on/off-ramp rails, wallet infrastructure, and stablecoin solutions to fintechs, exchanges, digital asset platforms and other businesses globally. Its consumer app, trusted by more than 2 million users, offers a self-custodial multi-chain wallet and a free Visa crypto card, available on iOS (in July) and Android. Utorg is MiCA-authorized and holds PCI DSS Level 2 certification. 

Contact

CMO
Andrey
Utorg
pr@utorg.com

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Press Release

200+ Brands, 100+ Speakers Confirmed for Forex Expo Dubai 2026

Published

49 minutes ago

on

July 1, 2026

By

Dubai, United Arab Emirates, July 1st, 2026, FinanceWire

The 22-23 September 2026 gathering at Dubai World Trade Centre will bring together 20,000+ verified traders, IBs/Affiliates, brokers, liquidity providers, and HNIs for two days of networking, client acquisition, and partnership opportunities.

Distinguished brands take centre stage

More than 200 brands have confirmed their participation at Forex Expo Dubai 2026, including Exness, VT Markets, ADSS, ATFX, Vantage, XM, CFI, Multibank, SwissQuote, Capital.com, Plus500 and many others from across the trading and fintech ecosystem.

Representing brokerages, fintech companies, technology providers, payment solution providers, and financial services firms, the exhibitor lineup reflects the breadth of businesses operating across today’s financial markets.

Insights from those leading the industry

The agenda features more than 100 speakers from leading trading, brokerage, fintech, and financial services companies.

Confirmed speakers include Avraam Despoti, Founder and CEO of XM; Sean Bolton, Group Chief Operating Officer of Xoala; Tien Ching, Chief Executive Officer of ACCM; Yasaman Pazooki, Chief Operating Officer of OPO GROUP; and Norayr Djerrahian, Chief Commercial Officer of Hantec Markets with additional speakers to be announced in the coming months.

Sessions will explore market trends, platform innovation, regulatory developments, business growth strategies, and emerging opportunities across the trading and fintech sectors.

Experiences that define the event

Attendees will have the opportunity to meet brokers and service providers directly, compare platforms and trading solutions, discover new technologies, and engage with industry professionals face-to-face.

The event extends well beyond the exhibition floor. Verified traders and introducing brokers benefit from dedicated seminars, exclusive lounges, and a traders clinic designed for personalised guidance. Pre-event webinars and podcasts further foster a community focused on learning, collaboration, and growth.

The Forex Gala Night brings the IB and affiliate community together for an evening of networking and industry recognition — a highlight for relationship-building beyond business hours. Attendees will also witness the Forex Expo Dubai Awards, which recognize the achievements, influence, innovation, and leadership shaping the future of global trading.

The attendee experience is further enhanced through prize draws across all ticket categories.

About Forex Expo Dubai

Forex Expo Dubai is one of the region’s leading gatherings for the global online trading and fintech industry, bringing together brokerages, fintech innovators, institutional traders, investors, payment solution providers, IBs, affiliates and online trading technology companies under one roof. The expo serves as a platform for industry dialogue, business networking, technology showcases and market-focused conversations shaping the future of modern finance.

Registration Link : https://bit.ly/4vz1PXb

Contact

Commercial Director
Niyaz Mohamed
HQMENA
Sales@hqmena.com

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Cloud PR Wire

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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