Innovative PayFi protocol PolyFlow joins hands with BNB Attestation Service (BAS) to jointly build a new standard for Web3 payment on-chain credit and compliance

On July 8th, PolyFlow, the world's leading PayFi protocol, announced its official integration with $BNB Attestation Service (BAS) to jointly build a new standard for on-chain credit and compliance in the Web3 payment field. As an infrastructure within the $BNB ecosystem focused on generating decentralized on-chain attestations, BAS will provide PolyFlow with secure and privacy-friendly on-chain identity credential services. Through this collaboration, PolyFlow will integrate BAS on-chain attestation based on the PID (Payment ID) system to further improve the multi-chain credit passport system, covering multiple application scenarios such as Web3 payments, DeFi lending, and digital merchant credit. This includes: $ROAM decentralized wireless network will be the first to connect, allowing users to quickly complete identity and credit authentication without repeated KYC; supporting users to bind Web2 data such as TikTok, Twitter, and Coinbase to build a multi-dimensional on-chain credit profile; DeFi protocols can call credit credentials in real time to optimize risk control and support layered on-chain credit finance; and merchants can query user credit in real time to reduce fraud risks and improve capital turnover efficiency. [Deep Tide TechFlow]