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What are blockchain platforms?

27 Sep 2022 By PAYCEC

A blockchain platform or crypto exchange is an intermediate digital platform where investors buy and sell crypto coins or shares. Coinmarketcap has illustrated that there are 300 different blockchain platforms globally, where the daily transactions reach USD500 billion. The figures have shown that the crypto market expands its users and popularity in recent years on blockchain platforms.

There are two types of blockchain platforms: Centralized financial exchange (CeFi) and decentralized financial exchange (DeFi). CeFi is an exchange that monitors and stores crypto on platforms such as Binance, Luno, and Coinbase. DeFi, on the other hand, allows consumers to transfer crypto directly without an intervention like Uniswap, Compound, Airswap, etc.

However, the payment of crypto coins still meets a lot of challenges in the services industry due to the lack of a blockchain payment network. PayCEC has been created to serve consumers' needs in blockchain digital payment. This blockchain-based payment gateway is fully certified with PCI DSS, and provides a simple display to use. The interface is made-to-measure to each entrepreneur to match their brand’s theme. The transaction is 100% anti-fraud with a 3-D secure process by sending an OTP code to the user’s phone. PayCEC also supports customers to track transaction time, amount, and statistics via an organized page. Last but not least, this blockchain payment gateway offers 24/7 premium support anytime entrepreneurs contact.

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