Payment System

The world needs a reliable and interoperable payment system that fulfills the promise of a "currency internet." Protecting financial assets on mobile devices should be simple and intuitive. Transferring funds globally should be as easy, cost-effective, and secure as sending a text or sharing a photo. Innovations and new participants will help lower barriers for everyone to access capital while providing a seamless payment experience. Now is the ideal time to create new digital infrastructure based on blockchain technology. Through the circulation of BRSK tokens, we aim to establish a simple global payment system and financial infrastructure that benefits billions of people.

The BRSK payment system is built on the ECC chain and will utilize applications of lightning payment networks and high-frequency payment integration to create a global payment clearing system based on blockchain technology. It will also connect with mainstream fiat financial institutions worldwide to enable real-time payments and receipts of virtual assets with fiat currency, thus laying the foundation for BRSK's global payment circulation.

1) Transaction Channels and Lightning Payments

BRSK employs multi-signature technology to establish transaction channels that enable transaction speeds comparable to lightning networks. The core of BRSK's technology facilitates rapid transactions with security surpassing zero-confirmations, while being simpler and more practical than lightning networks.

2) High-Frequency Payment Clearing System

• Personal Nodes: BRSK will create distributed account nodes based on blockchain technology, serving as each user’s unique ID. Through the platform's integrated payment system and leveraging scalable, cross-chain technology, BRSK users will have access to a fast global payment system via their wallets.

• Data Collection: The system will analyze user data from personal nodes to build a trust framework. All data will remain private, and personal information will be protected through data-masking encryption during trust authentication and transmission.

• Private Key DApp: Financial transaction data for BRSK users will flow through a personal private key DApp. Data will be verified through blockchain technology and confirmed by smart contracts, ensuring trust, fairness, and security. With BRSK's implementation of global cross-chain connections, users can access fast transactions, financial services, and applications globally, as well as efficiently store digital assets across blockchains. This model enhances the fairness of financial data commercialization and ensures lasting storage and appreciation benefits.

• Encrypted Data: User data under BRSK is encrypted using decentralized storage technology, ensuring transaction data security. The payment system will broadcast transaction processes while anonymizing sensitive information, allowing users to authorize payments and use financial service data with confidence.