Intro to NusaPay
What is NusaPay
NusaPay is a permissionless cross-border payment protocol built on Core. It is designed to provide a fast, affordable, and seamless decentralized experience for international payroll and remittances across multiple blockchain environments.
Key components include:
Core, a fast and cost-efficient Layer 2 solution for our core operations.
Hyperlane, used for trustless cross-chain messaging and secure asset movement.
Key Features
Near-Zero Fees: NusaPay leverages the low-cost environment of Core. Our mass payroll transactions are confirmed quickly and cost just a fraction of typical gas fees, making global payments highly economical.
Permissionless: Built on Web3 principles, NusaPay allows anyone to use its services without requiring administrative keys or centralized controls, ensuring full transparency and user sovereignty.
Direct-to-Bank Payouts: We bridge the on-chain and off-chain worlds by converting digital assets into local fiat currencies and depositing them directly into the recipient's bank account.
Why Built on Core?
NusaPay is built on Core, an EVM-compatible, non-custodial Layer 2 blockchain powered by Tezos Smart Rollup technology. Core was chosen for its exceptional performance, developer experience, and strong security guarantees, all of which are essential for a reliable cross-border payment platform.
What is Core?
Core enables seamless integration with Ethereum tools such as wallets and indexers, and allows fast asset transfers to and from other EVM-compatible chains.
Built on the Tezos Layer 1, Core offers a fast, fair, and (nearly) free environment for DeFi protocols and applications.
Fast Confirmation: Core provides low-latency confirmations under 500 milliseconds, allowing for real-time user experiences. By leveraging Tezos's 2-block finality and the speed of Smart Rollups, Core ensures both fast and secure transaction execution. For NusaPay, this is critical for rapid processing of mass payments.
Fair and Open Governance: Core governance integrates with Tezos’s permissionless fraud-proof mechanisms. Participation is open to anyone, ensuring transparency and fairness without administrative keys or centralized controls. Users retain full control of their assets, reducing the risk of censorship or manipulation.
Low Transaction Costs: Core drastically reduces transaction costs by using enshrined Smart Rollups. This architecture supports scalable application development without cost barriers, making it the perfect foundation for NusaPay's high-volume mass payroll transactions.
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