Staking Large on PayFi by Shardeum for Facilitating Web-Based Transactions
Shardeum Launches Autoscaling Blockchain to Revolutionize Crypto Payments
Shardeum, a groundbreaking layer-1 blockchain, has declared its mission to drive the next wave of cryptocurrency adoption, focusing on the burgeoning segment known as 'PayFi' — blockchain infrastructure geared towards seamless peer-to-peer, micro, and macro payments at scale. By addressing one of the internet's last unresolved issues — low-cost, native, and scalable payments — Shardeum aims to make decentralization accessible for all.
Although blockchains like Bitcoin established a foundation for decentralized payments, real-world adoption has been hampered by steep fees and technical constraints. Shardeum's innovative design allows the network to expand according to real-time demand, ensuring transaction fees remain as low as $0.01 or less than Re. 1 INR even as more users join the network.
Shardeum's PayFi strategy concentrates on consumer-centric, globally scalable use cases, such as:- Global remittances- Payroll processing- Crowdfunding- E-commerce transactions- Institutional settlements- Microtransactions for underserved markets including tipping, IoT payments, pay-per-use apps, real-time bill splitting
With a growing interest in PayFi solutions, from Coinbase's x402 protocol and BitGPT to ongoing investor fascination with payment-focused chains, Shardeum stands out with its unique combination of autoscaling, sub-cent fees, and EVM compatibility. This positions it as a formidable competitor in the PayFi space.
Launched on May 5, 2025, Shardeum's mainnet currently supports peer-to-peer SHM token transfers between users. Future plans include enabling EVM smart contract capabilities, expanding its application scope to support complex smart contract applications. Integrating autoscaling technology to adapt network capacity based on demand and capitalizing on the surge in PayFi adoption further strengthen Shardeum's position in the growing market.
Despite its novelty, Shardeum prioritizes real-world utility and inclusive infrastructure, targeting practical payment challenges that remain to be solved at scale, underscoring the project's focus on long-term, real-world adoption.
Sources:[1] Shardeum.com[2] Medium: Shardeum Mainnet Launch - A New Beginning[3] Medium: Understanding Dynamic State Sharding in Shardeum
- In its mission to revolutionize crypto payments, Shardeum's focus on consumer-centric technology within the PayFi segment aligns closely with the broader aim of enabling seamless business transactions using blockchain.
- As the Autoscaling blockchain, Shardeum positions itself as a pioneering player in the field of technology, where it seeks to meet the demands of finance by offering low-cost, scalable payments, aiding in unlocking the full potential of cryptocurrency adoption.
