Payment protocol Aeon has introduced an authorization payment feature built on the TON blockchain. “By contributing to the TON ecosystem’s infrastructure, Aeon enhances the usability of blockchain technology in everyday scenarios,” the Singapore-based company said in a news release Friday (Nov. 29). “The first real-world application of this innovation is in ShareX’s Telegram mini-app, where Aeon simplifies the rental process for power banks, showcasing the potential of blockchain to transform daily transactions.” According to the release, users start by choosing a service or product and initiating a transaction. From there, Aeon’s system prompts them to authorize a payment, locking in the required amount. Once complete, users can access the service or product without additional payment steps. “Upon completion of the service or transaction, the payment is automatically processed based on the initial authorization, ensuring a smooth and secure closure without manual intervention,” the news release added. By using the TON blockchain infrastructure, Aeon said, the company can support a range of cryptocurrencies and wallet integrations, letting users easily pick their preferred payment methods.

Full report : Payments protocol Aeon Debuts Authorization Payments on the TON Blockchain Offering Privacy and Transparency.