Operating Principle

Wallet Settlement Network

The Polyflow settlement network serves as a bridge between the traditional financial and cryptocurrency worlds, similar to traditional financial systems like VISA and Mastercard, offering users more payment options and convenience. Its main features include:

• Transforming individual on/off ramps into B2B settlements, reducing risks and increasing success rates.

• Enabling instant settlements.

• Minimizing the obstacles posed by the banking system.

Within this network, transactions occur directly within encrypted wallets, allowing users to conduct transactions more securely and swiftly without relying on traditional financial institutions. Polyflow and OWL function as liquidity pools, ensuring the necessary liquidity for transactions to proceed smoothly and reducing transaction costs. By utilizing Ripple or other blockchain technologies to maintain records and rules, the network ensures transparency and security in transactions while enhancing traceability and credibility.

Given its support for cryptocurrency transactions, users have the flexibility to opt for cryptocurrency payments, providing them with more payment options and enabling them to enjoy lower transaction costs and faster settlement speeds.

The PolyFlow system aims to build a seamless network connecting the traditional financial (fiat) world with the cryptocurrency realm. Its goals are to achieve rapid settlements, reduce risks, enhance efficiency, and minimize the obstacles that traditional banking systems may present. By integrating various wallet types and utilizing well-known solutions like Ripple, PolyFlow is developing a comprehensive cross-currency and cross-platform settlement network.