Digital payment service provider Wirex has introduced a revolutionary noncustodial crypto debit card service called W-Pay, leveraging zero-knowledge proof (ZK-proof) technology.

In recent years, Wirex has been notable for being the first payments tech firm to launch a crypto enabled card, which it launched sometime in 2015. The firm has since introduced its native utility token, WXT, along with the world’s first crypto reward program, Cryptoback™, offering cardholders up to 8% back in WXT for every transaction. Wirex is a core contributor in the Visa and Mastercard payment networks, serving over six million users across 130 countries.

According to a press release by Wirex, W-Pay represents a decentralized solution underpinned by zero-knowledge technology, built using Polygon’s Chain Development Kit (CDK). This integration promises to enhance scalability and security. Polygon’s CDK has a strong focus on ZK-proofs, enabling users and companies to develop their own ZK-powered layer-2 networks.

In the crypto space, ZK-proof-based scalability solutions have gained immense popularity due to their ability to allow one party to prove the truth of a claim to another party without revealing the claim’s details. E

Go to Source to See Full Article
Author: Vince Dioquino

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details