Problem Statement:
On Solana, applications currently cannot charge users based on exact seconds of usage. While Streamflow enables general token transfers over time, platforms lack the infrastructure to implement precise per-second billing that's essential for modern gaming and social applications.
This limitation significantly impacts the growing ecosystem of Web3 applications. Gaming platforms cannot offer precise billing for power-up usage, content creators lack tools for exact viewing-time payments, and service providers are unable to implement accurate usage-based billing systems. While traditional subscription models offer a workaround, they often result in users paying for unused time or platforms losing revenue on heavy usage.
Solution:
Chrono is an SDK that enables applications to integrate per-second payment capabilities. This will allow platforms to accurately track usage time and process payments automatically, making time-based services accessible to all Solana applications.
Our SDK abstracts the complexities of blockchain interactions and payment stream management into simple, developer-friendly functions. By providing a comprehensive solution for usage tracking and payment processing, we enable platforms to implement fair, transparent, and efficient payment systems. This opens new possibilities for innovative business models and improved user experiences across the Solana ecosystem.
Project Overview:
Our SDK will provide a streamlined way for platforms to implement pay-per-second payments. It will handle all the complexities of usage tracking and payment management, requiring minimal integration effort from developers. This solution is particularly valuable for gaming platforms offering power-ups, content streaming services, and applications providing time-based access to premium features.
Technical Approach:
The system operates through two core components:
a usage tracker
a payment manager.
When a user begins using a service, the tracker monitors their active time while the payment manager handles the corresponding token transfers through Streamflow's infrastructure. This eliminates the need for new smart contracts for token transfer while ensuring precise, real-time payment processing.
