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PayYoda analyzing the Blockchain payment characteristics and putting forward the Blockchain payment security reference

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6 years ago

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The industrial circle and academic circle have begun to realize the importance and value of Blockchain payment security, and have carried out active exploration now. However, the current Blockchain payment is still in the early stage of industrial development with systematic study lacked. PayYoda analyzes the Blockchain payment security demand characteristics and defines the Blockchain payment security boundary, laying the foundation of Blockchain payment security reference frame.

Blockchain payment problem: Serious security privacy problem and lack of trust between both parties of the transaction

The traditional payment way is always of high risk, poor efficiency and many restrictions. Especially for the international trade, the buyer shall transfer money to the supplier’s account which needs to be confirmed by many international banks midway with complicated formalities and a long time taken (varying from several days to ten days and a half months) after a deal is closed. More importantly, the account is often frozen for no reason and the high service charge needs to be paid in the whole process because all countries have strict regulations on the amount and types of transactions when international payment. Furthermore, the centralized settlement system is with non-transparent data and unsafe hidden dangers, so the personal information may be disclosed.

Based on the problem, PayYoda puts forward the solution:

I. Credit-driven ecosystem

PayYoda constructs the credit-driven ecosystem by the credit scoring system to solve the security payment problem. Various payment security accidents (including merchant fraud, malicious user attack, phishing site and privacy disclosure) happen to the online payment and offline payment. How to create a safe payment environment becomes the high-priority tasks of all the payment networks.

The PayYoda ecosphere is credit-driven. To achieve the goal, related measures (including credit-driven ecology, merchant caution money, safety fund, privacy protection, credit score, and decentralized risk control anti-fraud) shall be taken to ensure the user asset security in many fields thoroughly.

II. Publicity, transparency and traceability

In addition to this, PayYoda’s strategy is solving the data source and data trust problems by its hardware equipment with machine language, and ensuring the data authenticity of the whole chain based on Blockchain characteristics-decentralization and immutability. The PayYoda’s design ensures the payment transaction data security in the process of acquisition, transmission, storage and computation with stable and reliable technology platform provided for data transmission and value circulation on the digital asset trading.

III. Decentralizing the payment on the Blockchain

After PayYoda implements the actual scenario of digital currency and realizes the integration with payment transactions via Blockchain, it won’t rely on the system in the central position for fund clearing and trading information storage any longer, but can transfer the value directly based on consensus mechanism which doesn’t need any trust coordination. The mechanism transformation result is as follows: On one hand, the huge service cost and maintenance costs of the third party of the third party institution are saved, the business process is simplified and the business costs for banks and customers are lowered; On the other hand, the flattening of the process increases the transfer speed and realizes the real-time transfer, and the security of the whole system can be ensured even though multiple nodes are attacked because a complete set of data copies is stored at each node of the system.

IV. Secure trading system based on artificial intelligence

The PayYoda secure trading protection system is based on multi-core concurrent technology, integrated safety engine technology, zero-copy technique, and other high performance architectures. It integrates ten layers of fine filtering function based on data header and data content (including DOS defense, user authentication, application control, intrusion prevention, site classification and filtering, virus filtration, web application defense and data leak prevention), forms the integrated security defense system from the network layer to the application layer, and realizes the clean flow delivery.

On the basis of artificial intelligence, PayYoda provides such abilities as data analysis, knowledge extraction, independent study, intelligent decision and automatic control which can create the innovative applications in the fields of network information security (such as network protection, data management, message audit, intelligent security and financial risk control).

V. Construction of sustainable payment ecosystem

The sustainable evolution of the platform (as the basic payment network) is of great importance. And the continuous evolution of the platform happens due to sustainable innovation ability in the premise of abiding by common rules. The common rules of the platform are ensured by the governance mechanism and consensus mechanism. As for the innovation, the development history of e-payment in these decades clearly shows: As long as the power is given to the innovators closest to the market, there will always be an endless supply of ideas. In terms of governance mechanism, PayYoda adopts the fully open ecological model so that the ecosphere participants can focus on the tasks they are best at and maximize their respective profits by the corresponding incentive mechanism with innovation driven via the market end.

PayYoda will continue to be rooted in the Blockchain-fertile soil and cooperate with various financial institutions and entity industries to build the decentralized payment ecology together based on Blockchain in the future!

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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

Syntetika Launches Tokenization Hub Bringing Regulated Investment Strategies Onchain

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1 hour ago

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August 10, 2026

By

Road Town, British Virgin Islands, August 10th, 2026, Chainwire

Deposits Are Open for hBTC, the Vault Token for Hilbert Group’s BTC Basis+ Strategy

Syntetika, a tokenization hub for regulated investment strategies, opened deposits today for its first strategy: BTC Basis+, managed by the publicly traded Hilbert Group.

Syntetika makes investment strategies that run inside regulated funds accessible directly from a wallet. Each fund operates with independent custody, and each cycle its net asset value is attested by an independent third party. That attested NAV is the price at which vault tokens are issued and redeemed.

BTC Basis+ is a Bitcoin basis strategy: it holds Bitcoin exposure and captures the funding spread between spot and futures markets, with returns denominated in Bitcoin terms. Participants deposit cbBTC through the Syntetika platform in a permissionless way. Deposits are queued and subscribed into the fund at the next processing cycle, with hBTC minted at an attested NAV. Redemptions follow the same cycle.

Syntetika launches with partners Tulipa Capital on strategy curation, Ember Protocol on vault infrastructure, and Yield Network as Liquidity Syndication Partner. The platform launches on Base. Reserves behind its tokens will also become checkable by anyone through Chainlink Proof of Reserve.

“Today Syntetika opens its doors with BTC Basis+,” said Jorge Cuartero, CEO of Syntetika. “What we are really launching is the platform underneath it: infrastructure built to carry a growing set of regulated strategies onchain. This is day one of that roadmap.”

BTC Basis+ is open for deposits now at syntetika.io

About Syntetika

Syntetika is a tokenization hub for regulated investment strategies. Each strategy runs inside a regulated fund with independent custody and third-party NAV attestation, and is accessed onchain through a vault token issued and redeemed at that attested NAV.

Contact

Head of Marketing
Niko Petrov
Syntetika Proto Limited
niko@syntetikalbs.io

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Press Release

SS Support Network Expands Healthcare BPO and Call Center Services Beyond NEMT to Home Care, Clinics, and Specialty Practices

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1 hour ago

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August 10, 2026

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SS Support Network has expanded its healthcare BPO and call center services beyond NEMT to serve home care agencies, clinics, dental and behavioral health practices, and DME suppliers across the United States.

Vancouver, WA, United States, 10th Aug 2026, Grand Newswire – SS Support Network LLC, a business process outsourcing and call center company serving U.S. healthcare providers, today announced the expansion of its service portfolio beyond non-emergency medical transportation (NEMT) to serve home care agencies, medical clinics, dental practices, behavioral health providers, hospice organizations, and durable medical equipment suppliers.

The expansion extends the company’s existing operational model — dedicated, HIPAA-trained agents who work inside each client’s own software and answer in the client’s company name — across a broader range of healthcare back-office functions. These include 24/7 patient call handling, appointment scheduling, referral intake, insurance verification, prior authorization support, medical billing and denial management, provider credentialing, caregiver scheduling, and dedicated virtual assistants.

“Our NEMT clients taught us that the problem isn’t specific to transportation,” said Shahzaib Shah, CEO of SS Support Network LLC. “A home care agency losing weekend referrals to voicemail and a dialysis transport company losing after-hours trips are the same operational problem. The provider is running the phones instead of running the business.”

The company reports that its longest-running NEMT client, which engaged SS Support Network more than two years ago while operating in a single state, now operates across multiple states with SS Support Network handling its inbound calls, dispatching, driver coordination, broker portal management, trip assignment, patient and driver follow-ups, and billing.

The expansion responds to documented pressure across U.S. healthcare administration. Industry research indicates that administrative staffing shortages have made in-house hiring for billing, scheduling, and patient support increasingly difficult for small and mid-size providers, while denial rates and prior authorization workloads continue to climb.

SS Support Network operates under signed Business Associate Agreements with HIPAA-trained agents, and provides all services on month-to-month terms with no setup fees. New clients receive a free operations audit that reviews current coverage gaps and provides a written recommendation.

About SS Support Network
SS Support Network LLC is a business process outsourcing and call center company registered in Vancouver, Washington, with a second office in Pakistan, serving healthcare providers across the United States. The company provides 24/7 patient call handling, NEMT dispatch, medical billing, provider credentialing, insurance verification, and back-office support to NEMT providers, home care agencies, clinics, and specialty healthcare practices. More information is available at https://sssupportnetwork.llc.

Media Contact

Organization: SS Support Network

Contact
Person: SS Support Network

Website:

https://sssupport.net

Email:

info@sssupport.net

Address:9407 NE Vancouver Mall Dr

City: Vancouver

State: WA

Country:United States

The post SS Support Network Expands Healthcare BPO and Call Center Services Beyond NEMT to Home Care, Clinics, and Specialty Practices
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It is provided by a third-party content provider. Grand Newswire makes no
warranties or representations in connection with it.

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Press Release

Modcon Systems Advances Industrial AI Powered by Process Analyzers

Published

2 hours ago

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August 10, 2026

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Modcon Systems Ltd. announces the continued development of its industrial AI strategy, combining online process analyzers, oxygen analyzer technology, hydrogen measurement, crude oil analysis and Modcon.AI software to support AI-enabled process optimization for refineries, hydrogen production, natural gas and petrochemical industries.

London, London, United Kingdom, 10th Aug 2026 — Modcon Systems Ltd., a deep technology company specializing in online process analyzers, oxygen analyzer technology, hydrogen measurement, crude oil analysis and AI-enabled process optimization, announces the continued development of its industrial AI strategy through the spin-out development of Modcon.AI.

Modcon.AI is being developed as a dedicated industrial AI platform focused on process optimization, process health analysis, predictive maintenance, energy efficiency and advanced decision support for refineries, hydrogen production, natural gas processing, petrochemical plants and other complex process industries.

The initiative builds on more than 50 years of Modcon Systems’ experience in process analysis, advanced control and industrial automation. Founded in 1972, Modcon has developed and supplied online process analyzers, analyzer systems and optimization solutions for oil refineries, natural gas facilities, hydrogen production plants, pipelines, petrochemical units and other demanding industrial applications.

The company’s strategy is based on a clear industrial principle: effective AI-enabled process optimization requires reliable real-time process data. Modcon’s analyzer technologies provide this critical measurement foundation by delivering continuous visibility into key process parameters such as oxygen, hydrogen, crude oil properties, hydrocarbon composition and process gas quality.

Modcon’s portfolio includes the MOD-1040 In-Situ Oxygen Analyzer, designed for safety-critical oxygen measurement in high-pressure gas, hydrogen, natural gas and hazardous-area applications. The company also provides hydrogen analyzer technologies for continuous hydrogen monitoring and process control, as well as crude oil analyzer solutions for refinery applications, crude oil quality monitoring, desalter performance, blending and crude distillation optimization.

By connecting these process analyzer platforms with Modcon.AI, Modcon Systems is advancing a new generation of industrial AI solutions that combine field measurement, process analytics and intelligent optimization software. This enables industrial operators to move beyond traditional monitoring toward more predictive, adaptive and performance-driven operation.

“Industrial AI is only as strong as the process data behind it,” said Gregory Shahnovsky, representing Modcon Systems Ltd. “Modcon’s advantage is the combination of real-time process analyzers, deep application knowledge and AI-enabled process optimization. Our oxygen analyzer, hydrogen analyzer and crude oil analyzer technologies provide the process visibility required for better decision support, refinery optimization, hydrogen process safety and operational efficiency.”

The development of Modcon.AI reflects the growing demand for industrial AI solutions that can support complex process operations in real time. In refinery applications, AI-enabled process optimization can help operators improve crude oil processing, product quality control, CDU performance, blending efficiency and energy use. In hydrogen production and gas processing, real-time oxygen and hydrogen measurement can support safety, purity control and process stability. In petrochemical and natural gas applications, continuous process analyzer data can provide the foundation for improved control, diagnostics and optimization.

Modcon Systems recently received two 2026 industry recognitions: Best Industrial Process Analytics and Hydrogen Technology Company 2026 and AI-Driven Process Optimization Excellence Award 2026. These awards recognise the company’s contribution to process analytics, hydrogen technology and AI-driven industrial optimization. 

The Modcon.AI spin-out development is intended to strengthen this direction by creating a focused platform for industrial AI, using real-time analyzer and process data to support improved plant performance, reduced variability, predictive insights and smarter operational decisions.

As industrial operators face increasing pressure to improve safety, reduce emissions, optimize energy consumption and maintain product quality, Modcon Systems believes the integration of process analyzers and industrial AI will become a key part of the next generation of process automation.

Through its combined portfolio of process analyzers, oxygen analyzers, hydrogen analyzers, crude oil analyzers, analyzer systems and AI-enabled process optimization software, Modcon Systems continues to support safer, smarter and more efficient operation across refining, hydrogen, natural gas, petrochemical and industrial process markets.

About Modcon Systems Ltd.

Modcon Systems Ltd. is a deep technology company with multidisciplinary engineering capabilities, developing proprietary process analysis, advanced control and AI-enabled optimization solutions for the process industries. Founded in 1972, Modcon has more than 50 years of experience in online process analyzers, analyzer systems, industrial measurement technologies and process optimization. Trusted by Fortune 100 energy and industrial companies, Modcon combines advanced process analyzers, automation and industrial AI to improve real-time decision-making, product quality, efficiency, safety and environmental performance across energy-intensive process industries.

The company serves oil refineries, natural gas processing facilities, hydrogen production, petrochemical plants, pipelines, chemical plants and other demanding industrial applications. Modcon’s technologies include in-situ oxygen analysis, hydrogen measurement, gas quality analysis, crude oil analysis, analyzer systems and Modcon.AI industrial optimization solutions.

Website: https://www.modcon-systems.com/
Modcon.AI: https://modcon.ai/

Media Contact

Organization: Modcon Systems Ltd.

Contact Person: Anya Alter

Website: https://www.modcon-systems.com

Email:
analyzer@modcon-systems.com

Contact Number: +442045771737

Address:10 Orange St., Haymarket

City: London

State: London

Country:United Kingdom

Release id:48026

The post Modcon Systems Advances Industrial AI Powered by Process Analyzers 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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