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Danal\'s PayProtocol, Squid cooperate on multichain payment and settlement infrastructure

Danal’s virtual asset payments firm PayProtocol is teaming up with global cross-chain infrastructure company Squid to build a system that allows digital assets on various blockchain networks to be used for payments and settlement at PayCoin affiliates. The companies signed a strategic agreement to connect the PayCoin mainnet and build multichain payment infrastructure. They will run a proof of concept to link PayCoin’s private-chain mainnet with external networks and assess commercialisation.