Celeriz

Our project is a cutting-edge cross-border payment system designed to offer seamless and affordable transactions worldwide. We leverage several advanced technologies to ensure both security and efficiency. For Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance, we use Kinto, providing a reliable and secure verification process for users. To enhance scalability and transaction speed, we integrate Arbitium, an L2 chain solution, ensuring faster and more cost-effective payments.

We use Circle’s USDC and CCTP (Cross-Chain Transfer Protocol) to enable smooth and stable transactions across different blockchains. In the future, we plan to integrate Pyth Network to offer real-time, high-quality exchange rates, ensuring our users get the best value for their money. Additionally, we are incorporating Chainlink’s CCIP (Cross-Chain Interoperability Protocol) to further improve cross-chain compatibility. To provide transparency, we will integrate The Graph to give users a detailed overview of their expenditures and the money they’ve saved by using our platform instead of traditional payment systems that often incur high fees. This combination of technologies will make our cross-border payment system efficient, secure, and user-friendly, bringing down transaction costs and expanding global financial access.

Building our cross-border payment system was an exciting challenge that combined blockchain technology with decentralized finance to create an affordable, scalable solution. Here’s how we did it:

Kinto helped us with secure user verification, ensuring compliance with global KYC and AML regulations without building this system from scratch. Arbitium, a Layer 2 blockchain solution, gave us the scalability and low fees needed to process transactions quickly, bypassing Ethereum’s mainnet bottleneck. To handle multi-currency payments, we used Circle’s USDC and CCTP for seamless, low-cost cross-chain transfers.

Looking ahead, we plan to integrate Pyth Network for real-time exchange rates, ensuring users get the best value.

For transparency, The Graph helps us track user spending and savings, giving customers detailed insights into how much they’ve saved compared to traditional payment methods. We built custom smart contracts and a dynamic fee model to optimize costs based on network conditions.

Using these technologies allowed us to create a platform that’s fast, secure, and efficient, and we’re excited about how it will evolve with future integrations.