TOPOS? You might have heard, seen, or read about it in one or more of previous articles describing one of PlatON ongoing updates and how they planned on changing or rather improving the current and existing mode of payment via merchant to consumers but the detailed surrounding it were unknown until now.
Several weeks back, PlatON gave hints or rather intro describing one of their incoming project which left many stunned and surprised on how this would change the entirety or rather mode of operation as it relates to PlatON, others were simply hopefully of what is to come and glad to say PlatON came through above all expectations and this can be seen from their latest tweets
TOPOS is a suite of payment technology solutions based on the PlatON network that connects global merchants with consumers in Web 3.0.
For those confused, the recent update will not affect transactions onchain in any form, all operations remain the same and unaffected but rather an upgrade is coming to the use case of PlatON which provides a direct link between merchants and consumers worldwide with no restriction to geo-barriers.
What is TOPOS (Tokenized open payment os?
This is a professional tokenized deposit issuance system that provides financial institutions with a compliant solution for independently deploying “stablecoins”. It aims to provide stable digital assets that meet regulatory requirements for the digital economy.
By linking a direct payment mode between merchants and consumers, this will provide a higher form of security by utilizing the current and existing features of PlatON which includes state of the art encryption technology and privacy preserving verification mechanism to safe guard users assets 24/7.
Up untill now we have plainly relied on written format and tried to grasp the entire concept to some degree and with the latest update, PlatON took it upon themselves to create an online view of how the entire operation is been carried out which you can watch via the link below.
I for one can't wait to see what the future entails for us all with the introduction of TOPOS.
