Three Protocol Introduces Fraud-Resistant eCommerce Solutions, Pioneering Crypto as the Future of Payment GlobeNewswire2024-09-23 Victoria, Seychelles, Sept. 23, 2024 (GLOBE NEWSWIRE) — Three Protocol, an innovative blockchain protocol, is excited to unveil a collection of cutting-edge, fraud-resistant cryptocurrency-based eCommerce tools aimed at making cryptocurrency a viable global payment method. Three Protocol offers a combination of privacy-focused solutions, secure tri-proof smart contracts, and novel AI technology, it is set to redefine how users engage with digital marketplaces and eCommerce. ZKi3s: Anonymity Meets Trust One of the cornerstone technologies that will progress the aims of Three Protocol is ZKi3s. ZKi3s are Three Protocol’s unique zero-knowledge proof decentralised identity system. They ensure secure, private transactions by enabling users to participate in online marketplaces without revealing personal information through traditional KYC methods. Traditional systems rely on IDs and KYC (Know Your Customer) processes. This isn’t the case with ZKi3s that rely on Zero-Knowledge Proof (ZKP) technology. This technology ensures that users can still engage in digital commerce without losing their anonymity.
* **Privacy-First:** ZKP technology ensures user privacy by not revealing sensitive information. * **Decentralization:** ZKi3s enable the creation of decentralized marketplaces, fostering trust and transparency. * **Reputation and Trust:** ZKP allows users to establish their reputation and trust without relying on centralized authorities. * **No Invasive Identification:** ZKi3s eliminate the need for invasive identification procedures, promoting user privacy.
The concept of tri-proof smart contracts is based on the idea of three-way verification. This verification process involves three parties: the sender, the receiver, and a third-party escrow agent. The sender initiates a transaction, and the receiver confirms the transaction. The escrow agent then verifies the transaction details and confirms the fulfillment of the terms of the contract.
Three Protocol is a blockchain-based platform that aims to revolutionize digital commerce. It leverages the power of blockchain technology to create a secure and transparent environment for online transactions. The platform utilizes artificial intelligence (AI) to personalize user experiences and enhance efficiency. Three Protocol’s core features include:
* **Decentralized Marketplace:** A secure and transparent platform for buyers and sellers to interact.
* **Pay in 3: Making Online Shopping Easier**
* **Three-Pay:
It offers a seamless integration with popular eCommerce platforms like Shopify, WooCommerce, and Magento. This innovative payment gateway provides a three-pay system, allowing customers to pay in three installments, making online shopping more accessible and convenient. **Key Features:**
* **Three-Pay System:** This system allows customers to split their purchase into three equal installments, making online shopping more accessible and convenient.
This partnership aims to provide secure and convenient access to financial services for users. Three Protocol, a blockchain-based platform, has been making waves in the financial technology sector. Its innovative approach to financial services has garnered significant attention, particularly its focus on privacy and security. The company’s 3Pay platform, a decentralized payment system, has been lauded for its ability to facilitate secure and efficient transactions.
* **Decentralized:** Jobs3 operates on a blockchain, ensuring transparency and immutability of transactions. * **Direct Connection:** Clients and freelancers can connect directly, eliminating the need for intermediaries. * **Transparency:** All transactions are recorded on the blockchain, providing a clear audit trail. * **Security:** Blockchain technology provides a secure platform for transactions.
Looking Ahead: A New Era of Secure, Decentralised eCommerce With its suite of innovative tools—ZKi3s, Tri-Proof Smart Contracts, Neural Network AI, and Three Pay—Three Protocol is paving the way for a new era of secure, decentralised eCommerce. By offering fraud-resistant systems and privacy-first solutions, Three Protocol is well-positioned to lead the global shift toward cryptocurrency as a mainstream form of payment. For more information about Three Protocol and its upcoming projects, visit threeprotocol.ai or join the conversation on Telegram or X . Together with the community Three Protocol is building the future of digital commerce, powered by security, privacy, and decentralisation.
It leverages blockchain technology to create a secure and transparent system for online transactions. Three Protocol’s core features include:
* **Fraud Prevention:** Three Protocol employs a multi-layered approach to fraud prevention, utilizing advanced algorithms and machine learning to identify and mitigate fraudulent transactions. This includes real-time transaction monitoring, anomaly detection, and risk scoring.
CONTACT: Grant Robertson Three Protocol info at threeprotocol.ai
