UPCX

UPCX is an open-source payment platform built on a high-speed blockchain optimized specifically for payments and financial services. It functions as a super app-enabled system featuring:

A blockchain capable of rapid payment settlements, matching the speed and reliability of traditional financial institutions
An ecosystem designed to make financial transactions more efficient and versatile
An integrated development environment that simplifies participation for developers and users alike
Tailored for payment and financial services, UPCX delivers practical performance and scalability comparable to credit cards and mobile payment systems, with near-instant transaction finality and settlement.

With comprehensive Software Development Kits (SDKs), Application Programming Interfaces (APIs), and extensive libraries, UPCX facilitates easy development of financial smart contracts. It also supports the creation and issuance of fungible tokens known as User Issued Assets (UIA) and non-fungible tokens called Non-Fungible Assets (NFA), catering to both users and businesses.

Additionally, UPCX enables the issuance of stablecoins termed Market Pegged Assets (MPA), which are linked to real-world asset prices—such as fiat currencies and commodities—via a reliable price oracle. This capability extends UPCX’s reach to trading and handling real-world assets within its network.

All assets on UPCX can be used for payments and transfers, including remittances, through the UPCX software wallet. The platform supports payments in the same asset and also facilitates cross-asset transactions where sender and receiver use different assets. Moreover, UPCX operates its own Decentralized Exchange (DEX), where all assets can be freely traded at any time.

UPCX’s smart contracts empower a variety of advanced payment solutions, including:

Scheduled payments
Recurring payments
Permissioned automatic withdrawals
Non-custodial escrow services
Multi-signature permission payments
Users can customize these contracts further to tailor payment scenarios to their specific needs.

Harnessing the power of smart contracts, UPCX addresses complex and evolving payment and financial service demands.

To promote real-world adoption, UPCX actively develops Point of Sale (POS) applications and terminals, integrates with cryptocurrency ATMs (including a proprietary UPCX system), and offers messaging functions to streamline communication during transactions. Open APIs and SDKs encourage third-party innovation on the platform.

For enhanced security, UPCX is working on a hardware wallet and cryptographic algorithms designed to counter threats from the emerging Quantum Computing era.

By uniting all these features in a single super app, users can manage payments, reservations, orders, messaging, asset management, and investments, while leveraging their activity history—all within one seamless user experience.