CrossPayX

This solution is designed to facilitate secure, efficient, and compliant cross-border transactions for businesses. The platform allows businesses to interact seamlessly with clients across different regions, ensuring that all transactions are compliant with local regulations while benefiting from the cost efficiencies of Layer 2 technology.

Foundation: Kinto serves as the foundation of our payment solution, providing the scalability, low transaction costs, and enhanced security needed for cross-border transactions. Built on the Arbitrum Nitro Stack, Kinto offers native support for account abstraction and user-owned KYC, which are central to our compliance strategy. Compliance Tools: Kinto’s built-in KYC, KYT, and AML tools ensure that every participant in the transaction process is verified, which is crucial for cross-border payments where compliance with various jurisdictions is mandatory. React.js (Frontend Framework):

User Interface: Next.js powers the frontend of our application, providing a responsive and intuitive interface for users. The UI is designed to be user-friendly, making it easy for businesses to initiate payments, view transaction histories, and manage their KYC status. Real-Time Updates: Next.js, combined with WebSockets, allows for real-time updates on transaction statuses and notifications, ensuring that users are always informed of the latest developments.