This integration will further improve the PolyFlow multi-chain credit passport system, unlocking new applications in Web3 payments, DeFi, and enterprise-level digital business scenarios.
Author: PolyFlow
The globally leading PayFi innovation protocol PolyFlow today officially announced a strategic integration partnership with the BNB Attestation Service (BAS). As the only infrastructure in the BNB ecosystem designed specifically for generating on-chain attestations, BAS's collaboration with PolyFlow marks a new phase in the construction of Web3 identity credentials, decentralized credit systems, and digital payment compliance, providing global users and enterprise partners with secure, efficient, and privacy-friendly on-chain identity solutions.
Through this collaboration, PolyFlow's Payment ID (PID) system will integrate on-chain attestations issued by BAS, allowing users to conveniently and securely use verifiable on-chain credentials without disclosing their privacy. This integration will further enhance the PolyFlow multi-chain credit passport system, unlocking new applications in Web3 payments, DeFi, and enterprise-level digital business scenarios.
Application Scenarios: Deep Integration with the ROAM Network
This collaboration will fully leverage BAS's extensive on-chain data resources and decentralized certification framework. After integration into PolyFlow PID, it can provide users with efficient, convenient, and privacy-friendly credit and compliance certification services.
Specific applications include:
PolyFlow ecosystem partner ROAM (decentralized wireless network) will access the PID+BAS certification mechanism, calling on-chain credentials in real-time to verify user identity, credit, and compliance records. After integration, users will not need to repeatedly submit KYC, enabling the activation of related services, significantly improving operational efficiency and reducing costs.
Web2 and Web3 Data Bridging: BAS supports linking user Web2 platform data (such as TikTok, Twitter, Coinbase KYC, asset balances, etc.) with on-chain PID addresses, forming multi-dimensional, verifiable on-chain credit profiles.
DeFi Lending Credit Scoring: DeFi protocol parties can obtain real-time on-chain credit records and behavioral performance of PID holders based on PID+BAS credit credentials, helping to optimize risk control models and achieve on-chain credit stratification.
Enterprise Payment Gateway Credit Review: Merchants accessing the PolyFlow payment gateway can call on PID+BAS user credit and compliance records to review customer qualifications in real-time, reducing fraud risk and enhancing capital flow efficiency.
Through this collaboration, in the future, PolyFlow will comprehensively upgrade PID into a trusted digital identity carrier that integrates payment, identity, and credit credentials, providing users with a daily payment and identity verification experience that surpasses traditional physical wallets.
PolyFlow CFO Chuck stated:
“Integrating BAS into the PolyFlow PID ecosystem builds a scalable, trustworthy, and highly flexible compliance and credit infrastructure for the Web3 economy, redefining how users and enterprises access financial and payment services in a decentralized privacy environment.”
BAS Core Team stated:
“We are very pleased to assist PolyFlow in building an open and trustworthy Web3 credit infrastructure. This collaboration fully demonstrates BAS's ability to credibly migrate trillions of Web2 data to Web3 scenarios, empowering the enormous potential for payments, DeFi, and digital identity applications.”
About PolyFlow
PolyFlow is an innovative PayFi protocol dedicated to bridging traditional finance, DeFi, and real-world assets, constructing the next generation of crypto payment and settlement infrastructure. Team members have over 20 years of experience in the financial industry, having processed transactions exceeding $200 million, providing enterprise-level liquidity management, cross-border payments, and digital merchant credit services to global users and institutions.
About BNB Attestation Service (BAS)
The BNB Attestation Service (BAS) is the only infrastructure in the BNB ecosystem developed specifically for generating decentralized on-chain attestations, aiming to link Web2 and Web3 user information to on-chain identity addresses. To date, BAS has generated over 30 million on-chain attestation records, integrating over 50 data sources, covering BN, Bybit, Upbit, Coinbase KYC, asset balances, trading volumes, as well as data from Web2 platforms like TikTok, Twitter, and Steam, with over 100 ecosystem partners. BAS has won the BNB Hackathon championship, received support from the BNB ecosystem fund, and has been selected as a MVB8 project in the Binance incubator, gradually becoming a leading project in the on-chain certification track of Web3 financial infrastructure.
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