Forte and Sequence Join Forces to Simplify Web3 Transaction Processing
In a strategic move aimed at revolutionizing the web3 landscape, Forte, its subsidiary LemmaX, and Sequence have joined forces to integrate FortePay, Forte's payment infrastructure, directly into Sequence's platform. This collaboration forms a unified, multi-chain payment solution for web3 applications, bridging the gap between traditional fiat systems and decentralized cryptocurrencies.
The partnership emphasizes enhancing user experience, safety, and simplicity in web3 monetization, allowing developers to focus on innovation rather than complicated payment integrations. The new system promises seamless transactions between fiat currencies and cryptocurrencies, making it easy for users worldwide to transact.
The infrastructure accommodates both regulated and unregulated transactions, ensuring compliance with advanced compliance tools such as tiered Know Your Customer (KYC) processes and asset-based identity verification. This means that users can buy and convert easily between fiat and crypto, purchase NFTs with either currency form, and transact with custom tokens fully within the Sequence platform.
LemmaX contributes by offering a one-stop fintech platform simplifying payments with end-to-end international payment processing, automated KYC/KYW mechanisms, and seamless fiat, appcoin, and crypto-to-NFT checkouts. The enhanced Sequence platform will support several major blockchain networks, including Ethereum Mainnet, Polygon, Arbitrum, Moonbeam, Etherlink, SKALE, Somnia, and ApeChain.
The initiative seeks to empower developers to create innovative applications that can achieve mainstream adoption at scale. By integrating FortePay into Sequence's infrastructure, the partnership is intended to facilitate scalable and secure payment flows across both fiat and crypto. The integration of FortePay is positioned as a significant leap toward making web3 technologies as seamless and dependable as traditional digital platforms.
The collaboration supports the mutual goal of shaping a web3 ecosystem centered on intuitive applications and flexible monetization frameworks. Plans are in place to expand this network coverage in the near future. This partnership is viewed as a milestone in the evolution of intuitive and reliable blockchain-based applications, and a significant step towards making web3 technologies more accessible to a wider audience.
This collaboration between Forte, LemmaX, and Sequence aims to revolutionize the web3 landscape by creating a unified, multi-chain payment solution. Leveraging LemmaX's fintech platform, the enhanced Sequence platform will offer seamless transactions between fiat currencies and cryptocurrencies, thereby simplifying payment integrations for developers, enabling them to focus more on innovation. Technology plays a crucial role in this initiative, as the platform will support several major blockchain networks, including Ethereum Mainnet, Polygon, and others.