Discover how Vixichain leverages licensed financial institutions to validate blockchain
transactions, ensuring compliance, trust, and global adoption of blockchain technology.
Vixichain introduces an innovative model where licensed financial institutions act as Validators in the blockchain ecosystem. These Banks as Validators (BaVs) play a pivotal role in ensuring secure, compliant, and efficient transactions by leveraging their expertise and regulatory frameworks. This model bridges traditional finance and blockchain, fostering trust and transparency in every transaction.
Why Bank Validation Matters
Licensed banks add an extra layer of credibility to blockchain transactions.
Validation by BaVs ensures transactions adhere to AML/KYC standards.
Users can choose from a network of international banks, optimizing for cost, speed, and reliability.
Validation details, such as the validator name and transaction status, are recorded and accessible on Vixichain’s encrypted explorer.
Banks earn rewards for each validated transaction, fostering mutual benefit within the ecosystem.
BaVs access a dedicated web panel to manage their preferences, including:
Earn fees for each transaction validated on the Vixichain network.
Additional income for offering services like cross-border payments and asset management within the ecosystem.
Increased transaction volumes over time enhance earning potential.
Users select from a list of BaVs tailored to their transaction needs.
Competitive validation fees through the auction model.
Real-time processing ensures faster transactions.
Clear visibility into the validation process via the encrypted blockchain explorer.
By integrating the expertise and recognition of traditional financial institutions (TradFi) into blockchain validation, Vixichain bridges the gap between DeFi and Web3, bringing legitimacy and trust to the ecosystem.
This unique combination of TradFi and blockchain technology takes decentralized finance one step closer to mass adoption, ensuring that DeFi solutions are widely accepted and used in day-to-day financial systems.
Become a part of Vixichain’s groundbreaking network of Validators. Whether you’re a user or a financial institution, our innovative validation model ensures secure, compliant, and efficient transactions for all.