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Why the Bitcoin Blockchain?

Bitcoin is the world’s most established blockchain network. Excelling in simplicity and immutability, it's the ideal foundation for our enterprise payment solutions. By leveraging it, we ensure that every transaction we process benefits from:

 

Unparalleled Security

Tamper-proof and fraud-resistant transactions

Global Reach

The go-to blockchain for transferring & storing value

Immutable Record

Computationally infeasible to alter records

A deeper look

Privacy-First Architecture

A secure model that doesn’t communicate sensitive data with the rest of the world.

Secure, certified, and auditable records

With Assurety, you can permanently prove and verify critical payments have occurred.

The Paystand Assurety feature inscribes all the payments made through the Paystand Network (such as Bank payments) with an untamperable certification record that can be verified to provide proof-of-existence for the payment.

 

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Identify a Pin on a Blockchain

Each transaction on the Bitcoin blockchain is uniquely identified by a transaction hash (TXID).

To identify a pin, we anchor specific information, such as a state or reference point, to a Bitcoin transaction.

Locate a Pin on a Blockchain

The TXIDUsing a Bitcoin block explorer, input the transaction hash to locate the transaction.

Verify Block Height: Confirm the block number where the transaction was recorded.

Retrieve MetadataIf the transaction includes metadata, it can be decoded to provide additional information.

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Looking Ahead

Our move to the Bitcoin blockchain is more than just a technological shift—it’s a commitment to innovation, security, and transparency.

Reach out to learn more about enhancing your payments with Paystand.

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