Use Cases

The Real-time Optimistic Payments Protocol (RTOPP) is applicable to many use cases & associated verticals, as its core value proposition enables fast, scalable, secure & trusted payments between two parties.

Bidirectional and Large Sum Payments

For B2C payments (online or even in store), the Real-time Optimistic Payment Protocol (RTOPP) is unidirectional by default since many payments are one-time payments and the need for bidirectional payments is not required.
For P2P or even B2B payments, the RTOPP can adapt into a bidirectional payment system and a replacement for Correspondent banking or escrow systems. Because of its high degree of safety the RTOPP is a good choice for making large sum payments as it provides a new one of a kind “Trusted” Escrow solution.
Figure 13
Large Sum payments often need to be made in cross border scenarios. Correspondent Banking works by creating nostro and vostro accounts on each other foreign banks.
International Payments often uses correspondent Banking for B2B transfer of funds. Correspondent banking typically uses the SWIFT protocol to communicate between partners. Banks in the middle, which have no direct relationship with the end customers, may simply take a piece of the transaction as it goes through the chain—a practice called bene deduct (beneficiary deduct). Correspondence banking is very expensive and not feasible for ad-hoc, one-time, transfers.
The Real-Time Optimistic Payment Protocol can disintermediate correspondence banking, replacing banking fees and removing the need for banks entirely. The RTOPP replaces nostro and vostro accounts with smart contracts. Parties can agree to use the Real-time Optimistic Protocol and set up and own smart contracts on each other's blockchains allowing for symmetrical payments.
figure 14

P2P payments (remittances & cross-border)

Including remittance or local P2P payments in developing countries (e.g. Africa, Latam)

Web3 payments

Including NFT primary or secondary sales, token IDOs or launchpads, Web3 Gaming, Metaverse, etc.

B2C (online) payments

Including traditional eCommerce, goods & services, high-risk merchants such as Gaming, Gambling, Cannabis, payments in developing countries (e.g. Africa, Latam)

B2B payments

Including trade finance, bill payments, etc.


Including charitable contributions or donations to NGOs (with official proof of donations), round-ups to NGOs, etc.

B2C (in-store) payments

The RTOP Protocol is compatible with any card issuer to enable in-store / physical payments.

Invoice management

Our RTOP- Verifiable Receipts will enable any business or individual to request the request creation of NFT invoices (automatically minted and sent to the wallet of the requestor).
Last modified 30d ago