PAN to Partner with Lao Central Bank to Accelerate the Establishment of a Non-Discriminatory Bitcoin Payment Network
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September 20, 2024
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Foresight News reports that Payments Accelerated Network (PAN) will partner with the Laotian Central Bank to conduct a pilot program for Bitcoin offline payments in seven countries. This initiative aims to launch a node program and construct a Bitcoin-centric virtual asset payment ecosystem.
PAN is a high-performance virtual asset payment network that offers efficient virtual asset payment and settlement solutions by creating a transaction matching layer between payment nodes. It promotes the widespread adoption of virtual asset payments by optimizing liquidity management, security, routing, and user experience.
The network combines RGB and Lightning Network technologies with other enhancements. Holders can activate node sets, engage in multi-party payments, and participate in governance.
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