Austin is dedicated to becoming the mobile payment expert in the blockchain payment industry. The core technologies developed by Austins in-house development team, such as Fast Lightning Payments, significantly address some of the current drawbacks of blockchain in payment transmission. With Fast Lightning Payment technology and Flash Matching, among others, Austin will create an entirely new blockchain-based financial platform. Using the Fast Lightning Payment network enables instant digital asset payments and provides integrated SDK interfaces for various digital asset payment channels. Combined with a variety of blockchain application development tools, this offers convenience for businesses and merchants, ultimately forming an ecosystem based on blockchain payment finance.
The ATIC token (AustinChain Token) is an application-type token. The primary uses of ATIC tokens include: 1. Minor transaction fees collected to prevent dust trading attacks. 2. Credit guarantees and settlement service fees when setting up gateway nodes. 3. Serving as an intermediary conversion currency for various cryptocurrencies during cross-chain payments.