PAID Network Partners With Kylin Network

2 min readJan 4, 2021

PAID Network is proud to announce our new strategic partnership with Kylin Network, a data infrastructure provider for DeFi and Web 3.0 powered by Polkadot.

Kylin is one in a series of recent partnerships bringing real world business use cases to PAID Network. In addition to providing the Kylin Network agreement backing, PAID SMART Agreements will allow Kylin users to customize their own escrow-secured agreements with the option to add-on insurance. Facilitating agreement negotiations between Kylin users and offering dispute arbitration. The automated, decentralized agreements will save Kylin Network time and money.

Dylan Dewdey, CEO of Kylin Network, had the following to say:

“Kylin is thrilled to announce our partnership with PAID Network to drive efficiency in our own business practices through utilizing their DeFi-powered SMART Agreements. Through Kylin Labs, we will also explore innovative use cases that may be applicable for PAID Network within the context of a decentralized data marketplace.”

Since both PAID and Kylin operate on the Polkadot multi-chain, the partnership will leverage additional synergies from cross-chain interoperability. The PAID Network team couldn’t be happier about the partnership.

About Kylin Network

Kylin Network aims to Build a Cross-chain Platform Powering the Data Economy on Polkadot. It will be the Data Infrastructure for DeFi and Web 3.0 Powered by Polkadot. Kylin Network represents extensibility and a synergetic increase to the off-chain workers’ capability as it will provide not only access, management, insights, coordination to a greater array of data sources, but bolster validity and decentralization of the data sources themselves.

About PAID Network

PAID Network seeks to redefine the current business contract, litigation, and settlement process by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID. Leveraging Plasm to operate on both Ethereum and Polkadot ecosystems, SMART Agreements built through smart contracts execute DeFi transactions and business agreements seamlessly, making business exponentially more efficient.

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