Blockchain Infrastructure Alliance
Leaders of crypto ecosystem assembled in Shanghai recently to discuss ways to advance the industry. They launched a new organization to achieve the objective. Alchemy Pay is a key founder member of the entity which is known as the Blockchain Infrastructure Alliance or BIA. The co-hosts of the program were Polygon Network, Near Protocol, Draper Dragon and Bit.Store. Several major players of the industry joined as guests such as Tencent, Alipay, Mastercard, Binance, Huobi, Polygon and many others.
Alchemy Pay hosted the dinner in the meet. The CEO of the company John Tan delivered the keynote speech. In the speech he elaborated the goals of BIA. John Tan also explained the work done by Alchemy Pay in the ecosystem and envisaged its synergy with BIA.
Alchemy Pay is world’s leading Crypto and Fiat hybrid payment gateway. It operates in 65 countries and regions. The company has over 300 fiat and crypto payment channels. ACH is the native token used by the platform. ACH is used for payment of fees through the platform. Users earn rewards in the platform in the form of ACH.
Alchemy Pay has built a robust merchant network including Aldo, Arcadier and Pricerite. The company will be entering into partnership with six popular NFT artists to launch 36 virtual crypto-linked card designs. One such artist is Song Ting who holds a record in NFT sales in Chinese market.
NFTs or Non-Fungible Tokens are blockchain linked artworks such photos, videos or audios or any other digital files.