New Delhi: W Chain, a hybrid blockchain designed for global payments, has officially partnered with QuillAudits, one of the most trusted names in Web3 security. This collaboration aims to enhance blockchain payment security, scalability, and efficiency by combining W Chain’s hybrid blockchain infrastructure with QuillAudits’ extensive experience in Web3 security.
W Chain’s innovative hybrid blockchain solution merges the benefits of public and private chains, providing unparalleled scalability and performance for global payment systems. By leveraging a Public Layer 1 (PoS) chain for transparency and a Private Layer 2 (PoA) chain for tailored business needs, W Chain enables businesses to harness the flexibility of blockchain technology without compromising security.
With transaction speeds of up to 10,000 transactions per second (TPS), W Chain’s system ensures efficiency, while its interoperability supports various digital assets and payment gateways, making it a versatile solution for businesses worldwide.
W chain has several key features. Its hybrid blockchain structure allows for open access via a public chain while offering tailored solutions through a private chain, effectively catering to diverse business needs. One of the standout features of W Chain is its transaction speed, capable of processing up to 10,000 transactions per second (TPS), making it suitable for high-volume applications. Additionally, W Chain is blockchain agnostic, meaning it supports a wide range of digital assets.
The platform also emphasizes user experience with its KYC-compliant smart wallets, which simplify payment processes by integrating wallets directly into the system. Furthermore, W Chain offers smart payment solutions that include features such as refunds, discounts, and fee management for businesses.
Mr. Anish Jain, CEO of W Chain shared his excitement about the partnership: “By joining forces with QuillAudits, we are reinforcing our commitment to delivering secure, scalable, and efficient blockchain solutions for global payments. With QuillAudits’ expertise in blockchain security, we can offer businesses the peace of mind they need to confidently adopt and implement blockchain technology in their payment systems.”
Ensuring Security Through Expert Audits
As part of a strategic collaboration, QuillAudits has conducted two thorough audits of W Chain to ensure the integrity and security of its infrastructure. The first audit, known as the W Chain Bridge Audit, focused on verifying the security of cross-chain transactions, ensuring that interactions between different blockchain networks are safe and reliable. The second audit, the W Coin Migration Audit, was aimed at ensuring secure token migration processes, which is crucial for maintaining the trust and confidence of users during transitions.
Both audits confirmed that W Chain’s smart contracts are secure and optimized for deployment, ensuring confidence for businesses and users alike in leveraging the platform.
Supporting the Growth of the W Chain Ecosystem- QuillAudits CEO, Preetam Rao, also expressed enthusiasm about the collaboration: “At QuillAudits, we are dedicated to ensuring the safety and reliability of blockchain technologies. Partnering with W Chain allows us to extend our expertise to secure an innovative blockchain infrastructure designed for businesses across the globe. Together, we are setting the standard for what secure blockchain payments should look like.”
To further bosst the growth of W Chain’s ecosystem, QuillAudits has committed to providing several key services. Through its WAGSI Program, QuillAudits will offer audit credits of up to $10,000 for security audits specifically available to projects backed by W Chain. Additionally, QuillAudits will facilitate connections to Web3 venture capitalists, incubators, and accelerators, thereby expanding the network and support available to W Chain ecosystem projects. Furthermore, QuillAudits will assume the role of the preferred security partner for all initiatives related to W Chain.
This partnership between QuillAudits and W Chain sets a new benchmark for secure, scalable blockchain payments, empowering businesses to confidently adopt decentralized solutions. Together, they are shaping the future of global payments with unmatched security and innovation.
About W Chain
W Chain Powered by WadzChain Network is an innovative leader in blockchain technology, developing secure and efficient payment solutions for businesses and individuals worldwide. With a focus on combining the benefits of both public and private blockchain networks, W Chain Network is creating a next-generation platform for global payments, smart contracts, and decentralised finance.
For more information, please visit, https://w-chain.com/
About QuillAudits
QuillAudits is a premier Web3 security firm specializing in blockchain audits, vulnerability assessments, and AI-powered solutions. With over 1,000 audits completed and $30B in assets secured, QuillAudits leads the way in ensuring trust and safety in the blockchain space.
For more information visit www.quillaudits.com
