This article has been republished with permission from Binance News.
According to Foresight News, digital payment platform Wirex has announced the creation of its payment-centric application chain, ‘W-Pay’, using the Polygon CDK (Blockchain Development Kit). Wirex CEO Pavel Matveev stated that the Polygon CDK supports Wirex’s transition of its existing payment infrastructure to the blockchain.
Polygon CDK is an open-source code library designed to help build Ethereum L2 blockchains based on zero-knowledge proofs. Wirex is currently a principal member of Visa and Mastercard and has previously released a non-custodial Visa card connected to account abstraction (AA). The newly launched ‘W-Pay’ application chain will support Wirex’s ecosystem token, WXT.