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LITEX is developing a layer 2 technology that will facilitate decentralized payments that can be handled off chain. The LITEX network is currently powered by the Ethereum-based LXT token.
| Mazalit is developing a B2B payment platform for the diamond and jewelry industry. They hope to integrate blockchain technology to enable instant mobile payment, escrow services, and credit services. Their goal is to provide a payment service that will reduce risk and costs for the industry, while also increasing transparency, security and legitimacy with regulators.
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