Payments - Prime Lab

Real Time Payments

Real Time Compute needs Real Time Payments to power usage based micro payments & offline settlement.

Real Time Payment’s proprietary “encrypted hash wallets system” supports 8 millisecond settlement. This is possible because currency used to purchase Real time compute is escrowed on the network allowing micro payments to settle without third party confirmation. Additionally, payments process at the same speed as real time compute because network usage and payment occur simultaneously in each network request.

8ms

Payment Settlement

100,000

Payments for $1

290X

Mastercard’s Throughput

Usage Based Payments

On Real Time Compute, payments are tied to usage. For example, when an AI company requests GPUs to train a transformer, funds from their Hashwallet are locked in anticipation. As the GPUs process each iteration of the training data, payments are incrementally sent at the time of GPU usage. Whatever funds aren’t consumed at the end of training are refunded.

Offline Payments

Because Real Time Payments have zero external dependencies, PrimeLab uses multiple layers of ring signatures to remove assets from the global network and lock them to a specific device (imagine digital cash).

Exchange offline assets

When either party reconnects to the network the transaction settles globally

Imagine downloading a video to your phone before a flight and only paying for it when you decide to watch it in airplane mode.

Try the Network

Experience the fastest communication on the planet with network requests that arrive internationally in milliseconds while hitting 80% fewer computers along the way