Back to register
Financial TransactionsLoyaltyXRP LedgerRegistered 2024

Blockchain enabling Retail POS payments for web 3

Why this score

Making payments in a physical world is complex with retailers and payment providers spending $millions on POS (point of sale) payment solutions, add to that the Digital channels, the mobile channels and the social media channels…then add in web 3 – you have a very complex payment ecosystem with many, many players. If you then add the different currencies (Fiat and Digital) and your combinations of payment pairs is incalculable. Frii Pay is looking to solve this complexity with Blockchain enabled payments and a variety of payments types in and out. One view of the truth is critical for this project and the transactions being payments, security and certainty is a must

Awarded by CBRC’s assessor with the certificate. A fuller written analysis is available on request.

How a score is reached

A committee of six independent AI evaluators — Industry Expert, Critical Tech Ethicist, Regulatory Compliance, Economic Viability, Technical Architecture and Academic Expert — each answer 14 standardised questions across the six categories. Their 1–5 responses are combined through CBRC’s expertise-weighted matrix and converted to the 0–100 score, then reviewed and signed off by a human analyst before publication.

The six categories

  • Integrity
  • Trust
  • Efficiency
  • Sharing
  • Compliance
  • Adoption

This entry was assessed before per-category values were recorded, so only the overall score and the assessor's written reasoning are on the public record.