Press Release

MetaPay-Open the Era of Meta Payment

Published

3 years ago

July 5, 2021

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

Rev. Patricia Bell Joins the International Book Awards 2024

Published

33 mins ago

April 25, 2024

Cloud PR Wire

Autobiographical Masterpiece “Thriving Through Life’s Transitions”

Waldorf, Maryland Apr 24, 2024 (Issuewire.com) – Renowned author and inspirational leader, Rev. Patricia Bell, has been selected as a finalist for the prestigious International Book Awards 2024 for her autobiographical work, “Thriving Through Life’s Transitions.” The announcement of Winners & Finalists will be made online via the American Book Fest’s Social Media Pages (with over 132,000 Fans/Friends) in late June 2024. The judges consistently produce impressive results on an annual basis. Numerous titles that have received recognition in this award program have subsequently excelled in other contests tailored for independent press publications.

This captivating memoir chronicles Bell’s journey from adversity to triumph, offering readers profound insights into resilience, faith, and the transformative power of perseverance.

In “Thriving Through Life’s Transitions,” Rev. Patricia Bell fearlessly shares her remarkable life story, starting from her tumultuous past marred by domestic violence. Despite facing unimaginable challenges, Bell emerged as a beacon of hope, navigating the complexities of being a working divorced mother while overcoming the scars of her past. “Prayer transforms every aspect of my connection with the Lord, imbuing it with profound significance and purpose.”, says Rev. Bell

One of the most striking chapters in Bell’s story unfolds as she serendipitously crosses paths with destiny while applying for an academic scholarship, realizing her lifelong aspiration of higher education without the weight of financial constraints. Once, during her 3rd Graduate School year, she found herself burdened with an outstanding balance she couldn’t cover. That night, she dreamt of an angel typing on a computer and settling the amount. The following day, to her astonishment, she discovered the debt had been paid off, solidifying her belief in divine intervention.

Throughout her journey, Bell’s unwavering commitment to helping others led her to an unexpected yet fulfilling career as a drug and alcohol counselor. Recognized for her extraordinary qualities of resilience, positivity, and unwavering faith, Bell has since become a beacon of light for countless individuals seeking solace and guidance in their darkest moments.

“Thriving Through Life’s Transitions” is not just a memoir; it’s a testament to the human spirit’s capacity to overcome adversity and emerge stronger on the other side. Bell’s poignant storytelling and profound wisdom have touched the lives of many, inspiring them to navigate life’s transitions with prayer, faith, courage, and resilience.

In her role as a respected prayer warrior in her ministry, Bell continues to uplift and empower others, leading them toward a path of healing and transformation. Her journey from hardship to triumph serves as a beacon of hope for anyone facing life’s inevitable challenges.

In a radio interview with Emmy award-winning radio host Kate Delaney, Rev. Patricia Bell delved deeper into the themes of her book. Listeners gained insight into the author’s personal experiences and the profound impact of faith and prayer on her journey to thriving through adversity.

Readers may listen in through these links:

Podcast:

https://soundcloud.com/kated-294710598/patriciabell/s-5PS1opfnh26?si=648cd09aa69a4d00ab348acbdf1c9aef&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing

YouTube:

https://youtu.be/HRp-nogtoLc

To learn more about the book and the author Rev. Patricia Bell, please visit her website: https://patriciabelltheauthor.com/

Join Rev. Patricia Bell on her transformative journey by picking up a copy of “Thriving Through Life’s Transitions” today. Available on Amazon and other leading online book retailers.

ASIN: B0C12GYKR1

Publisher: Qui 2 Life Publishing

Published Date: April 2, 2023

ISBN-13: 979-8986951331

Represented By: Great Writers Media LLC

About Rev. Patricia Bell:

Rev. Patricia Bell is a renowned author, a fervent preacher of God’s word, and a respected leader in her community. Drawing from her own experiences of overcoming adversity, Bell inspires others to embrace prayer, faith, resilience, and the transformative power of perseverance. Through her writing and speaking engagements, Bell continues to touch the lives of many, offering hope and guidance to those navigating life’s transitions.

Rev. Bell is not only in the process of writing another book, which promises an enlightening exploration of love from a unique angle, but she has also initiated the Redbell Compassion Ministry, a ministry exemplifying the love and compassion of God through prayer, counseling, self-development and spiritual guidance. Furthermore, she has embarked on a new path aimed at achieving a Doctorate in Christian Counseling licensure.

Media Contact

Great Writers Media

[email protected]

1-877-556-0487 ext.

116 East Lafayette Palmyra MO 63461

https://www.greatwritersmedia.com/

Source :Great Writers Media

This article was originally published by IssueWire. Read the original article here.

COMTEX_451382991/2777/2024-04-25T02:09:05

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Cloud PR Wire

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Press Release

AVCLabs Video Blur AI V3.0.0: Adds the Project Management Function and More

Published

2 hours ago

April 25, 2024

Cloud PR Wire

a comprehensive AI-based multimedia solution

New York City, New York Apr 24, 2024 (Issuewire.com) – AVCLabs Video Blur AI V3.0.0: Adds the Project Management Function and More

AVCLabs, a comprehensive AI-based multimedia solutions provider, reveals the release of Video Blur AI V3.0.0. The latest version makes big improvements in blurring faces, adding face recognition precision and free-form face selection settings. It also adds a brand-new project management function to simplify the workflow. Additionally, it optimizes the background blurring model. All updates of Video Blur AI V3.0.0 aim to significantly enhance the productivity of personal or business users.

Highlights of Video Blur AI V3.0.0

The highlights of this version include:

Project Management Function

The newly-added project management function makes it easier to search, find, or delete the projects that users are working on, time-saving. It is a great solution for dealing with massive video editing work.

Face Recognition Precision

The addition of face recognition precision helps users avoid missing some faces or mistakenly blurring non-face objects when applying blur effects to faces in videos. Users can get precise results by adjusting the detection precision value. The smaller the value, the more faces will be scanned. The larger the value, the more accurate the scanned faces will be.

Free-form Face Selection

The free-form face selection feature under the “Face Blurring Setting” allows users to freely select a certain face to blur, which greatly protects people’s privacy. This function is also effective in solving the problem of blurring the non-faces in the video by mistake. Users can uncheck the incorrectly recognized face by selecting a specific face.

The Background Blurring Optimization

The background blurring function gets optimized in V3.0.0. It gives users the ability to blur the video’s background better, achieving natural blurring results.

Key Features of AVCLabs Video Blur AI

Thanks to its multifunction and reliable performance, AVCLabs Video Blur AI is a one-stop solution for individual and commercial users to edit and blur videos. Intuitive interface, dedicated multiple AI models and affordable and flexible subscription plans make it accessible for most users.

Face Blur: This model enables users to blur the detected faces selectively for a single face or multiple faces in a video.

Fixed Blur: Seamlessly blur specific areas, distracted objects, or sensitive information like bank account number or phone number of a video, keeping the focus on what matters most.

Background Blur: Automatically blur the background and foreground of a video.

License Plate Blur: Detect, track, and blur license plates in videos.

About AVCLabs:

AVCLabs is a leading developer of multimedia software, dedicated to providing creative and productive AI video and photo editing tools that enhance workflow. With a focus on innovation and ease of use, AVCLabs empowers users to make complex video and photo edits simpler than ever before.

Media Contact

AVCLabs

[email protected]

https://www.avclabs.com/video-blur-ai.html?utm_source=issuewire0425&utm_medium=pr&utm_campaign=blur300issuerecommend

Source :AVCLabs.com

This article was originally published by IssueWire. Read the original article here.

COMTEX_451381847/2777/2024-04-25T01:15:15

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Cloud PR Wire

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Press Release

Chedda Token Partners with Jetvoy.com to Redefine Travel and Finance Experience

Published

4 hours ago

April 25, 2024

Cloud PR Wire

Miami, Florida Apr 24, 2024 (Issuewire.com) – JetVoy Telegram: https://t.me/JetvoyToken
Chedda Telegram: https://t.me/cheddasolana

Chedda token, the first culture token in DeFi and now on the Solana blockchain, is thrilled to announce its partnership with Jetvoy, a leading travel platform with partnerships with Booking.com and TripAdvisor. This collaboration marks a significant milestone for both Chedda and Jetvoy as they join forces to revolutionize the travel and finance experience for users worldwide.

Chedda’s journey to becoming a $2.6 billion market cap token in January 2022 signifies its unwavering commitment to innovation and community-driven finance. Now, with the partnership with Jetvoy, Chedda is expanding its vision beyond the crypto space, bringing the benefits of cryptocurrency to the world of travel.

Through this collaboration, Chedda users will gain access to exclusive travel deals and discounts through Jetvoy’s partnerships with leading travel providers such as Booking.com and TripAdvisor. Additionally, Chedda’s integration with Jetvoy’s platform will enable seamless transactions, allowing users to book flights, accommodations, and experiences using Chedda tokens.

“We are excited to partner with Jetvoy to offer our community a unique and seamless travel experience,” said Marc Sardina, CEO at Chedda. “At Chedda, we believe in the power of collaboration to drive innovation and create value for our users. With Jetvoy’s expertise in the travel industry and Chedda’s vision for community-driven finance, we are excited to embark on this journey together.”

Jetvoy shares Chedda’s commitment to innovation and accessibility, making them the perfect partner to enhance the travel experience for Chedda users. By leveraging Jetvoy’s extensive network and industry expertise, Chedda aims to empower users to explore the world while seamlessly integrating cryptocurrency into their travel plans.

“We are excited to partner with Chedda to offer our users new ways to access exclusive travel deals and discounts,” said Elena, President of Jetvoy.com “By combining Jetvoy’s extensive network and partnerships with Chedda’s innovative approach to finance, we aim to revolutionize the way people travel and transact in the digital age.”

The partnership between Chedda and Jetvoy represents a significant step forward in bridging the gap between travel and cryptocurrency, offering users a seamless and rewarding experience. As both companies continue to innovate and push the boundaries of what’s possible, users can expect even more exciting developments in the future.
For media inquiries, please contact:

[email protected]
[email protected]

https://linktr.ee/cheddasolana
https://linkpop.com/jetvoyofficial