DeFi· ★★· neutral·

Zecto patents on-chain payments via QR codes and external blockchain wallets

  • The patent covers QR, barcodes and DataMatrix for on-chain payments
  • A smart contract verifies the request matches the transaction before transfer
  • A pilot with KRW1 and "Insennect" starts October 1 at KBW
  • Zecto previously obtained a patent for issuing and managing stablecoins
Why it matters: The patent and pilot with real POS terminals could accelerate the adoption of stablecoin payments in Korean retail.
Source: Digital Today