<p>Nov 25, PolyFlow, the infrastructure for PayFi, and Trusta Labs, a Web3 identity and credit infrastructure provider, announced a strategic partnership to jointly promote the innovative application of decentralized credit systems in PayFi payment scenarios. Through this collaboration, PolyFlow&#39;s Payment ID (PID) will be deeply integrated with Trusta Labs&#39; on-chain wallet credit scoring, connecting Decentralized Finance (DeFi) with real-world payment systems. This integration will enable on-chain credit amortization, inject a robust trust mechanism into the decentralized payment ecosystem, realize the value of Soulbound Tokens (SBT) and Decentralized Identifiers (DID), empower large-scale applications of PayFi, and achieve financial inclusion for over 2 billion people globally who are not covered by traditional financial credit systems.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf94uBC2jtzigDGB6C5Ok7lgq-Qc2vdvJi0Gm0qXhF9CBj64AjMmKZ6Nms8-2CESVgexBx2-74RozefKPpCT01zHELYQ_tES9z9O4ToTKMvMkNCzkCXFMFiRdL8n2dH1bi0ze4XbA?key&#61;lwFC5QGr4-2Llk58Ec6w1Em2" /></p><h2 id="header-0">A New Era of Global Financial Inclusion</h2><p>Trusta Labs and PolyFlow are partnering to build a decentralized credit system by introducing on-chain credit scoring into PolyFlow&#39;s PayFi payment scenarios. The core of this collaboration is the deep integration of PolyFlow&#39;s Payment ID (PID) with Trusta Labs&#39; on-chain wallet address credit scoring. As a result, PID can provide credit proofs for each on-chain address. This partnership significantly enhances the usability of on-chain credit scores and extends their application off-chain, offering new financial access methods for over 2 billion people worldwide who are excluded from traditional financial credit systems. By combining PID with credit scoring, users can access financial services on-chain, achieving seamless financial inclusion.</p><h2 id="header-1">Credit Systems Drive the Realization of SBT and DID Values</h2><p>In the past, the value of Soulbound Tokens (SBT) and Decentralized Identifiers (DID) in practical application scenarios had not been fully realized. The collaboration between PolyFlow and Trusta Labs makes users&#39; on-chain credit become a core asset. Not only can users obtain credit amounts based on their credit scores, but they can also integrate with DeFi, granting users the benefit of &#34;Buy Now, Pay Never.&#34; In the near future, users will be able to use the credit limits of crypto credit cards without needing to pre-load funds, further bridging the boundaries between payments, lending, and DeFi, and promoting credit-based financial innovation.</p><h2 id="header-2">A New Chapter for the Large-Scale Adoption of PayFi</h2><p>By integrating on-chain credit scoring, PolyFlow PID not only builds a connection between real-world identities and on-chain wallets, providing compliance and privacy protection capabilities, but also transforms on-chain data into credit assets. It perfectly combines identity sovereignty, data sovereignty, and asset sovereignty in payment scenarios, offering limitless possibilities for the large-scale adoption of PayFi.</p><p>Raymond, Co-founder of PolyFlow, stated:</p><p>&#34;Through our deep collaboration with Trusta Labs, we have injected an on-chain trust mechanism into the decentralized payment ecosystem. We aim to achieve financial inclusion through blockchain technology, enabling every wallet address to become an active participant in the global economic network.&#34;</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdeVjYAkPUWPE7F0bNOKoN68szIy3GUCJPtlVnYxt2ViQbpFGHarD0uhab0Mu6LwdOxsF4ku6pg2nLrQ3kzwWelMSiSgVRDAEkdhtR0XnYxTNwHQzqGwD6-JXgK7kAKqi6NgZxy?key&#61;lwFC5QGr4-2Llk58Ec6w1Em2" /></p><p>Through this innovative partnership with Trusta Labs, PolyFlow is redefining the future of Payment Finance (PayFi).</p><h2 id="header-3">About Trusta Labs</h2><p>Trusta Labs focuses on building Web3 identity and credit infrastructure through AI, providing dynamic credit scoring services for on-chain addresses. It has become an industry leader in Proof of Humanity (POH) real identity verification and on-chain reputation protocols. By utilizing efficient and transparent AI algorithms, Trusta Labs offers user trust data and on-chain proofs for decentralized chains and centralized applications, striving to standardize and widely apply blockchain credit systems. Trusta has provided on-chain identity verification and reputation scoring data services for public chains such as Celestia, Manta, Starknet, Linea, Arbitrum, BNB, Scroll, TON, as well as platforms like Binance, OKX, Bitget, Gaxle, Gitcoin Passport, Polyhedra, Matr1x, and Uxlink, accumulating over 2.5 million on-chain proofs for users.</p><h2 id="header-4">About PolyFlow</h2><p>PolyFlow is an innovative PayFi protocol designed to bridge Real World Assets (RWA) with Decentralized Finance (DeFi). Serving as the infrastructure layer of the PayFi network, PolyFlow integrates traditional payments, crypto payments, and DeFi to handle real-world payment scenarios in a decentralized manner. PolyFlow provides the necessary infrastructure for building PayFi scenarios, ensuring compliance, security, and seamless integration of real-world assets to drive the establishment of a new financial paradigm and industry standards.</p>

PolyFlow and Trusta Labs Forge Strategic Partnership to Drive Innovative Applications of Decentralized Credit Systems in PayFi Payment Scenarios

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Terry Junior

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