Traditional financial technology and web3 do not openly communicate. The process for merchants and banks to verify every transaction is a long and expensive process. In traditional payments, users aren’t asked for consent before a payment is processed from the credit card processor and second layer of authentication is usually telecom (insecure). Crypto apps have no compliant on/off rails with anti-money laundering, KYC/KYP/KYB, identity, source of funds, or risk scoring. There isn’t a way to push or pull funds (or legacy finance to interact) real time on the blockchain from credit/debit/ACH/IBAN. Proton (XPR) is a new public blockchain and smart contract platform designed for both consumer applications and peer-peer payments. It is built around a secure identity and financial settlements layer that allows users to directly link real identity and fiat accounts, pull funds and buy crypto, and use that crypto seamlessly in apps.