PAID Network Partners with PlasmaPay

2 min readNov 19, 2020

PAID Network is proud to announce its partnership with PlasmaPay! PlasmaPay is building the new digital economy’s infrastructure by implementing DeFi and a blockchain-based marketplace for buying, selling, and storing digital currencies.

PAID’s platform and service offering will empower PlasmaPay users to interact and transact with PAID’s borderless civil legal system through PlasmPay’s DeFi dashboard. This integration will allow PlasmaPay users to custom create and execute trustless agreements between all users of their ecosystem through PAID Network’s SMART Agreement and Escrow functionality.

PlasmaPay will also provide this new partnership with seamless integration of fiat on and off-ramps within the PAID ecosystem, enabling PAID Network to facilitate non-crypto transactions. A feature that will truly position PAID as a leader in blockchain and crypto mass-adoption, within the industry.

PAID has a longstanding, shared relationship with PlasmaPay through Master Ventures, its parent company. Kyle Chasse, Founder & CEO at PAID and Master Ventures, had the following statement to say about the partnership:

“With PlasmaPay having been one of our clients at Master Ventures I am ecstatic to see a professional, formalized partnership emerge finally. PlasmaPay’s DeFi ecosystem relies heavily on the use of smart contracts and payments between users. PAID Network’s simple SMART Agreements, escrow system, and fast dispute resolution are perfect systems to integrate into PlasmaPay. The platform will continue growing and exceeding expectations, and we are very excited to assist the platform in transforming into the industry shaker it aims to become.”

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 to execute business agreements seamlessly, and DeFi to make business exponentially more efficient.

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