Alchemy Pay, the world-leading fiat-crypto payment solution provider, is developing Alchemy Chain, a next-generation stablecoin-based payment blockchain designed to revolutionize global transactions. By aggregating mainstream stablecoins and locally-backed fiat stablecoins across multiple chains, Alchemy Chain creates a unified infrastructure for seamless cross-border payments and currency conversions. Through a simple API integration, businesses can leverage Alchemy Chain to handle remittances, multi-currency transactions, and cross-chain asset transfers. The platform utilizes $ACH as its native gas fee token, further reinforcing its utility within the ecosystem.
This article provides an overview of the technical roadmap, covering the blockchain architecture, key features, innovations, and the development timeline. Additional articles will follow to explore each aspect in greater detail.
Blockchain Architecture
Alchemy Chain’s architecture is structured into four key layers, working in synergy to provide seamless and efficient payment processing:
Infrastructure Layer: A distributed network of Full Nodes, RPC Nodes, and Validator Nodes forms the blockchain’s backbone. A hybrid off-chain data storage system ensures optimal performance and scalability by handling raw transaction data efficiently.
Consensus Layer: Built on an enhanced Ethereum Virtual Machine (EVM) framework, this layer executes transactions, enforces settlements, and integrates an advanced on-chain price feed mechanism. It enables real-time and accurate stablecoin conversions.
Account Layer: This layer manages digital identities via Externally Owned Accounts (EOA) for both merchants and users, ensuring secure transaction authentication and authorization.
Application Layer: The user-facing layer includes merchant applications, banking interfaces, and blockchain utilities such as AchScan and AchWallet, enhancing accessibility and usability across diverse financial sectors.
Technical Innovations
Alchemy Chain introduces several groundbreaking features that distinguish it as a cutting-edge payment blockchain:
Fixed Gas Fees: Unlike conventional blockchains with fluctuating fees, Alchemy Chain offers a predictable fee model based on transaction routes and stablecoin conversion pairs. This eliminates “gas wars” and ensures cost stability.
FIFO Transaction Processing: Transactions are processed in a first-in, first-out (FIFO) manner, ensuring fairness and preventing priority-based delays. Validator nodes enforce chronological processing to maintain transparency.
Enhanced Block Size: Larger block capacities significantly increase transaction throughput, enabling Alchemy Chain to scale effectively for high-volume global financial operations.
On-Chain Conversion Rates: Currency conversion rates are integrated within the consensus layer, with validator nodes supplying real-time price feeds, enabling instantaneous stablecoin conversions during transactions.
Hybrid Storage Architecture: A dual-storage strategy balances security and efficiency by storing hash values on-chain while keeping complete transaction data off-chain, preventing blockchain bloat.
Development Roadmap
Alchemy Chain will be developed and deployed in five strategic phases:
Phase 1: Blockchain Architecture Design (Q2 2025)
Finalization of technical specifications, scalability framework, and foundational security protocols.
Phase 2: Consensus Mechanism & Conversion Rate System (Q3 2025)
(1) Implementation of the TPoA (Trusted Computing + Proof of Authority) consensus mechanism.
(2) Development of real-time on-chain conversion rate validation for accurate stablecoin pricing.
Phase 3: Testnet Deployment (Q4 2025 – Q1 2026)
Launch of testnet for performance validation, transaction processing assessment, and partner feedback integration.
Phase 4: Mainnet Deployment & Ecosystem Expansion (Q2 2026)
Public rollout of Alchemy Chain mainnet, RPC nodes, developer SDKs, and transaction explorer tools.
Phase 5: Fiat Partner Integration & Global Scaling (Q3 2026 & Beyond)
Expansion of fiat provider partnerships, advanced scaling solutions, and regulatory compliance across jurisdictions.
Conclusion
Alchemy Chain is set to redefine blockchain-based payments by offering a scalable, efficient, and fair ecosystem for stablecoin transactions. With a focus on cross-border payments, multi-currency support, and seamless integrations, Alchemy Chain is poised to become the leading blockchain infrastructure for the future of global digital finance.
Stay tuned for further updates as Alchemy Chain continues to drive innovation in digital payments and blockchain-based financial infrastructure!
About Alchemy Chain
Alchemy Chain is a pioneering stablecoin-based payment blockchain, transforming global remittances by unifying mainstream and local fiat-backed stablecoins across multiple fiat currencies. Through a simple API integration, the platform seamlessly handles cross-border transactions, currency conversions, and on-chain asset transfers, bridging different stablecoin and financial ecosystems. Powered by the $ACH gas fee token, Alchemy Chain eliminates traditional barriers in international finance, providing businesses and individuals with a unified, efficient infrastructure for global financial operations.
