AEON is a modular payment protocol that standardizes cryptocurrency transactions, linking blockchains, merchants, and users for a cohesive crypto future. AEON is establishing a connection between the cryptocurrency and fiat realms, facilitating the adoption of cryptocurrencies. AEON offers users practical cryptocurrency acceptance and accessible entry to cryptocurrency and Web3 services.

What is AEON?

AEON is a modular payment technology designed to revolutionize the worldwide cryptocurrency payments ecosystem. Through cooperation and regional expansions, AEON enhances the accessibility, efficiency, and user-friendliness of cryptocurrency payments, integrating digital and traditional financial systems.

AEON utilizes sophisticated payment infrastructure to enhance transaction operations, encompassing routing, clearing, and settlement. This partnership optimizes cryptocurrency transactions, offering customers a fluid experience across platforms and furthering AEON’s objective of an integrated digital payments ecosystem.

AEON seeks to establish a comprehensive cryptocurrency payment standard comparable to Visa, facilitating the integration of web3 infrastructures with widespread adoption applications, ensuring flexibility, liquidity, and efficiency while endorsing on-chain payment mechanisms such as subscriptions, global fiat transactions, and gratuities.

Benefits of AEON

A Unified Standard for Cryptocurrency Payments

AEON has launched a standardized cryptocurrency payment system for extensive commercial applications, recognized across many enterprises and akin to conventional payment networks.

Practical Connectivity for Real-World Applications

AEON facilitates the seamless interaction of blockchains with real-world commercial payment contexts, ensuring secure and transparent daily transactions via a coherent, standardized payment framework.

Ultimate Settlement Gateway

AEON is the definitive settlement gateway. It offers a comprehensive technical infrastructure for merchants, users, and developers, facilitating the integration, processing, and settlement of cryptocurrency payments.

Worldwide Decentralized MasterNode Network

The AEON system is driven by a global decentralized masternode network, guaranteeing low-cost payment transactions with verifiability and robust security.

Blockchain-Based Subscription Payments

AEON facilitates automatically deducting on-chain payments from your wallet at specified times. This functionality primarily benefits content creators providing premium memberships or decentralized applications (dApps) necessitating subscription-based access.

AEON’s Modular Payment Protocol

AEON operates as an intermediary module protocol that accommodates different chains, rendering it a flexible option within the cryptocurrency ecosystem. In contrast to independent blockchains or fiat-based payment systems, AEON incorporates a network of nodes and execution modules that may be customized for any blockchain.

The settlement module is the foundation of this system, guaranteeing transaction precision across many platforms. Whether it is a smart contract on Ethereum, a program on Solana, or a small bot on the TON, all these execution modules, despite their varied implementations, function under the same settlement layer. This establishes a cohesive modular payment protocol optimizes transactions universally, highlighting AEON’s strengths.

A significant difficulty in the cryptocurrency sector is the fragmentation of payment options. Every blockchain possesses a unique wallet, payment methods, and distinct currency deposit procedures, resulting in discrepancies and heightened transaction expenses for developers. AEON’s modular protocol resolves this issue by offering a standardized solution that integrates these technologies into a unified protocol. This indicates that enterprises can optimize payment procedures, minimizing intricacy and improving user experience.

A significant benefit of AEON’s modular payment system is its capacity to improve business liquidity. Contemporary enterprises necessitate an all-encompassing payment solution that facilitates the acceptance of several currencies across diverse platforms. AEON’s design allows retailers to accept payments flexibly and cohesively, removing the obstacles posed by disparate payment systems. This streamlines transactions and enables retailers to access a wider audience without the constraints of conventional payment systems.

Crypto Payment

AEON introduced its sophisticated cryptocurrency payment solution, initially released as a Telegram bot. This revolutionary product allows users to seamlessly execute payments within Telegram in several ways, including wallets, exchanges, on-chain transfers, and cryptocurrency-specific payments options. It facilitates the seamless integration of bots to accept cryptocurrency payments within the Telegram ecosystem.

AEON offers consolidated crypto payment services and a cryptocurrency settlement system. Users can expedite payments in various currencies via QR code scanning, linking exchange accounts, and connecting cryptocurrency wallets. AEON provides;

• tailored cryptocurrency checkout solutions for conventional fiat merchants,
• removing geographic limitations,
• minimizing expensive fees linked to fiat transactions and
• decreasing failure rates due to rigorous risk management protocols.

AEON provides the merchant with the URL of the checkout page. The user accesses the checkout page to initiate a payment, incorporating the subsequent payment methods:

Payment Via cryptocurrency transfer

A cryptocurrency transfer involves the moving of digital assets between wallets. Cryptocurrency transfers occur by aligning a withdrawal from one wallet with a deposit in another. AEON endorses the subsequent cryptocurrencies, USDT, USDC, ETH, and BTC, which are exclusively available on the following networks: TRX, BSC, ETH, SOL, and ARB. Cryptocurrency transfers are disseminated and authenticated on blockchain networks, consisting of computers facilitating cryptocurrencies.

Payment Via Exchange account

A cryptocurrency exchange, or digital currency exchange, is an enterprise that enables clients to trade cryptocurrencies or digital currencies for alternative assets, including traditional fiat currency or other digital currencies. Users intending to use the AEON platform for payments through their cryptocurrency exchange accounts should know that AEON-supported exchanges are now limited to Coinbase, Robinhood, Binance, Kraken, KuCoin, and Paxos.

Transfer Via Wallet Connect

Users may also execute payments on the AEON platform through Wallet Connect. WalletConnect is a conduit linking decentralized applications (DApps) to users’ Web3 cryptocurrency wallets. Upon approval of a connection request from the dApp (via WalletConnect), the dApp can transmit transaction requests to the wallet, which must also be manually approved within the wallet.

AEON’s QR Code System

AEON’s collaboration with the Terminus Network implements a QR code payment system tailored for Southeast Asia. This service lets users promptly change cryptocurrencies into local fiat currency at physical retail establishments, making crypto payments feasible for routine transactions. The effort streamlines the crypto-to-fiat exchange process, facilitating broader use of blockchain technology in areas with expanding digital economies. About 37 merchants are currently supporting AEON QR payments, from cozy coffee shops and popular bakeries to vibrant street food stalls and dessert cafes in Thailand. To pay crypto, users just need to visit Terminus Network to scan the QR code at the shop and then amount in selected tokens such as USDC, USDT, BNB, or FDUSD.

Conclusion

AEON is establishing new benchmarks in digital payments with innovative features and strategic alliances that promote using cryptocurrencies for everyday transactions. AEON is influencing the future of decentralized finance (DeFi) by enhancing accessibility and use. The protocol links various payment platforms, facilitating the seamless integration of cryptocurrency transactions into conventional financial systems. This initiative enables the integration of digital currencies in international trade, advocating for a cohesive strategy in decentralized finance.