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TechFlow news, on December 5, according to official information, IOST, a Layer 1 public blockchain project, announced a rebranding declaration by CEO Blake Jeong. IOST will shift its strategic focus toward payment finance (PayFi) and decentralized physical infrastructure networks (DePIN), launching a new ecosystem called PayPIN that integrates the strengths of both fields.
According to an official announcement, Blake Jeong, CEO of Layer 1 public blockchain project IOST, has released a rebranding declaration. IOST will shift its strategic focus toward Payment Finance (PayFi) and Decentralized Physical Infrastructure Networks (DePIN), launching a new integrated ecosystem, PayPIN, which combines the strengths of both domains.
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