ZixiPay, a global crypto wallet and payment processing platform, is advocating for stronger security practices and transparent compliance standards in the cryptocurrency industry, as highlighted in a recent interview. The company emphasizes that with crypto adoption reaching over 420 million users, the industry must address rising fraud and infrastructure weaknesses to ensure long-term stability.
The founders of ZixiPay argue that the real risk in crypto stems from poor design and weak oversight, not the technology itself. They point to industry challenges such as projected crypto fraud losses exceeding $5 billion this year, reliance on third-party infrastructure by many platforms, and compliance gaps leading to regulatory actions. According to ZixiPay, security should be built into every layer of operations, not treated as optional.
To illustrate responsible practices, ZixiPay shares details from its own model, including processing over $150,000,000 monthly, full ownership of blockchain infrastructure without third-party reliance, and built-in Know Your Transaction monitoring and global compliance measures. The company serves high-risk sectors like e-commerce and gambling, emphasizing that reliability requires patience and self-built trust. More information on their approach can be found at https://www.zixipay.com.
ZixiPay is calling on individuals and businesses to take action to strengthen security. Recommendations include enabling two-factor authentication, using platforms with clear compliance rules, and avoiding services dependent on unknown providers. For businesses, they advise evaluating API reliability and requiring transaction monitoring for high-volume activities. The company stresses that user and business demands can drive industry-wide safety improvements.
The push for accountability comes at a critical juncture for crypto, as ZixiPay believes the industry is entering a mature phase where investment in real security is essential. By promoting informed decisions and stable practices, ZixiPay aims to inspire a shift toward a safer ecosystem, underscoring that everyone has a role in raising standards for the future of digital payments.
