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QPAY Launches on Solana With On-Chain (on blockchain) Identity Hashtag Layer

The launch introduces the world’s first on-chain (on blockchain) identity hashtag layer, a new DeFi (decentralized finance) protocol primitive designed to move beyond wallet addresses with payment endpoints.

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Terms & Concepts
  • On-chain: Data or transactions recorded directly on a blockchain network.
  • DeFi (decentralized finance): Blockchain-based financial services operating without traditional intermediaries.
  • Identity hashtag layer: An on-chain layer enabling identity hashtags and payment endpoints beyond wallet addresses.