PolyFlow Partners with BNB Attestation Service (BAS) to Enhance On-Chain Credit and Compliance for Web3 Payments
July 8 — Global PayFi innovation protocol PolyFlow today announced a strategic integration with BNB Attestation Service (BAS). As the only infrastructure in the BNB ecosystem purpose-built for generating decentralized on-chain attestations, BAS’s collaboration with PolyFlow marks a new chapter for Web3 identity credentials, decentralized credit systems, and compliant digital payment infrastructure. This partnership will deliver secure, efficient, and privacy-friendly on-chain identity solutions
July 8 — Global PayFi innovation protocol PolyFlow today announced a strategic integration with BNB Attestation Service (BAS). As the only infrastructure in the BNB ecosystem purpose-built for generating decentralized on-chain attestations, BAS’s collaboration with PolyFlow marks a new chapter for Web3 identity credentials, decentralized credit systems, and compliant digital payment infrastructure. This partnership will deliver secure, efficient, and privacy-friendly on-chain identity solutions for global users and enterprise partners.
Through this integration, PolyFlow’s Payment ID (PID) system will incorporate BAS-issued on-chain attestations, allowing users to securely and conveniently utilize verifiable credentials without compromising personal privacy. The collaboration further strengthens PolyFlow’s multi-chain credit passport framework, unlocking new applications across Web3 payments, DeFi, and enterprise digital commerce.
Application Scenarios: Deep Integration with the ROAM Network
This partnership will fully leverage BAS’s extensive on-chain data resources and decentralized attestation framework. Integrated with the PolyFlow PID system, it offers users streamlined, privacy-preserving credit and compliance verification services.
Key applications include:
- Integration with ROAM Decentralized Wireless Network: ROAM, a key PolyFlow ecosystem partner, will adopt the PID + BAS attestation system to instantly verify user identity, credit, and compliance records via on-chain credentials. This enables seamless service activation without repeated KYC submissions, significantly improving operational efficiency and reducing costs.
- Bridging Web2 and Web3 Data: BAS allows users to link their Web2 platform data — such as TikTok, Twitter, Coinbase KYC, and asset balances — to their on-chain PID addresses, creating multidimensional, verifiable on-chain credit profiles.
- DeFi Lending Credit Scoring: DeFi protocols can leverage PID + BAS credit attestations to access real-time credit records and behavioral data of PID holders, helping optimize risk models and enabling tiered on-chain credit services.
- Merchant Credit Verification for Payment Gateways: Merchants integrated with PolyFlow’s payment gateway can query PID + BAS users’ credit and compliance records in real time, reducing fraud risks and improving capital turnover efficiency.
With this partnership, PolyFlow will upgrade PID into a unified digital identity solution encompassing payments, identity, and credit attestations — delivering a next-generation, everyday payment and identity experience that surpasses traditional wallets.
Executive Comments
Chuck, CFO of PolyFlow, commented: “Integrating BAS into the PolyFlow PID ecosystem creates a scalable, reliable, and highly flexible compliance and credit infrastructure for the Web3 economy. It will redefine how users and enterprises access financial and payment services within decentralized, privacy-preserving environments.”
The BAS core team added: “We are thrilled to support PolyFlow in building an open, trustworthy Web3 credit infrastructure. This partnership demonstrates BAS’s vast potential in migrating trillions of trusted Web2 data points into Web3 applications, empowering payments, DeFi, and digital identity use cases.”
About PolyFlow
PolyFlow is an innovative PayFi protocol dedicated to bridging traditional finance, DeFi, and real-world assets, creating the next-generation infrastructure for crypto payments and settlements. With over 20 years of combined financial industry experience and more than $200 million in transaction volume handled, the team provides enterprise-grade liquidity management, cross-border payments, and digital merchant credit services for global users and institutions.
About BNB Attestation Service (BAS)
BNB Attestation Service (BAS) is the only infrastructure within the BNB ecosystem dedicated to generating decentralized on-chain attestations, linking Web2 and Web3 user information to on-chain identity addresses. To date, BAS has generated over 30 million on-chain attestations from 50+ data sources, covering Binance, Bybit, Upbit, Coinbase KYC, asset balances, trading volumes, and Web2 platforms like TikTok, Twitter, and Steam. BAS collaborates with over 100 ecosystem partners, has won the BNB Hackathon, received BNB Ecosystem Fund support, and was selected for the Binance MVB8 Incubator. It is rapidly emerging as a leading player in Web3’s on-chain attestation infrastructure.