Vortex DeFi is excited to announce its partnership with Paid Network, which provides an ecosystem DAPP that leverages blockchain technology (based on Polkadot) to deliver DeFi powered SMART Agreements to make business exponentially more efficient. Paid Network empowers the community through the opportunities created by the financial tool sets with the ultimate goal of ensuring its users getting PAID.
Being developed on the Polkadot ecosystem, PAID network is focused on leveraging the blockchain technology to deliver DeFi powered smart agreements to make business more efficient and allow users to create their own policy, resulting in the elimination of attorney costs, easy dispute resolution, and streamlined business contracts.
Vortex DeFi will utilize PAID’s SMART agreements on its platform so that Vortex users can complete business agreements with one another. Considering the fact that, Paid Network is being developed on Polkadot ecosystem and will be interoperable on other chains as well, Vortex will utilize Paid Network protocol to give exposure to reward its users for executing agreements through the PAID ecosystem and also helping the users to boost their financial and social credit score.
Kyle Chasse, CEO, Paid Network said:
“ We’re excited to be partnering with Vortex! PAID has always been about making the DeFi space accessible for all, and that is exactly what Vortex is doing with their seamless experience for users. We see Vortex as an avenue for the further adoption of DeFi technology, and we are proud to be part of that through our SMART Agreements, which will help empower their users execute agreements and #GETPAID through the integration protocol ”
Rahul Singh, CEO/Product Head of Vortex DeFi said:
“Vortex DeFi is excited to announce its partnership with Paid Network. Intgeration of Paid Protocol will be of immense benifit for the users of Vortex ecosystem, as it will empower them to execute agreements, get rewarded, gain reputation and boost their social credit score through the integration protocol. We are excited on the journey ahead with Paid Network!”
About Vortex DeFi
Vortex DeFi is a gateway to the world of DeFi, bringing all the DeFi instruments such as yield management, NFT, swapping, and insurance together on one platform, creating a seamless experience for the end-user.
About PAID Network
PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.
PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts to execute DeFi transactions and business agreements seamlessly.
PAID streamlines backend legal operations with SMART Agreements so that projects can focus on making their brand bigger and better.