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.

Obyte, previously known as Byteball, is a conditional payment network that is built on scalable technology, and is enabled by smart contracts. It also allows users to create their own ICO and issue their own digital assets. Conditional smart payments can be used for a variety of decentralized applications, including: insurance, betting, and prediction markets. Obyte's platform is smart contract enabled and allows users to control their identity better than some other payment systems. Obyte also allows users to make transactions through text messages or with a chat bot. Obyte's transaction data is stored and ordered using directed acyclic graph (DAG) rather than blockchain. This allows all users to secure each other's data by referencing earlier data units created by other users, and also removes scalability limits common for blockchains.