PayChain—the Alipay of the blockchain payment world. The PayChain team currently holds patents for colored blockchain technology and several software copyrights. The core members of the PayChain team all come from within the blockchain industry, bringing deep resources and background. The PayChain development team has introduced many technological innovations, including the self-developed payment chain technology (PAY) and MHT technology (Matching Hedge Technology), among others.
The payment chain technology (PAY) was developed by the PayChain development team. The payment chain network (PAY Chain), built on top of this technology, employs techniques such as 2-of-2 multisignature, timelock transactions, and delayed transaction propagation. This allows for trustless, zero-fee instant transfers of blockchain assets, with speed, security, and privacy that rival those of the Lightning Network.