Fizit Testnet Goes Live — Real-Time B2B Settlements, Built for the Industrial World

Fizit just launched the first blockchain payment rail for industrial deliveries—on Avalanche L1, fully deployed and managed by Zeeve. If you still wait 60 days to get paid, this chain just made your model obsolete.

Every hour, millions of dollars in physical goods—oil, gas, chemicals, metals, aggregates—are delivered, logged, and certified across the energy and logistics industries. In a world of smart rigs and IoT metering, all these industrial deliveries are instant, digital, and trackable. But the payment process? It’s still a back-office maze of invoices, disputes, reconciliations, and 30-60, even 90 days of waits.

It’s a joke. And an expensive one.

Fizit was built to end that. It’s a blockchain-based payment rail making sure your delivery = value = payment. 

Fizit converts every proof of delivery into proof of value and triggers blockchain-based payment within minutes. This is the new standard for B2B finance. And it’s powered by Zeeve’s enterprise-grade blockchain infrastructure on Avalanche L1.

That’s Fizit. And the testnet is live. Right now.

Avalanche L1, Because Fizit is Built for Velocity

Fizit is building the cash conversion cycle for high-stakes, high-volume, real-world commerce. To pull it off, they needed a battle-ready L1 with real finality and programmable flexibility.

That’s an Avalanche L1. 

With deterministic finality under a second and direct Layer 1 security, Avalanche offered the kind of low-latency, high-trust environment Fizit needed to anchor time-sensitive settlement logic. But just as critical was Avalanche L1’s modularity—allowing Fizit to plug in programmable contracts that respond to real-world delivery data, not just on-chain inputs.

Smart meters. IoT sensors. Field automation logs.

Fizit’s network ingests them all and ties them directly to capital movement. Avalanche L1s aren’t just fast. It is programmable enough to make Fizit’s delivery-value-payment flow bulletproof and flexible enough to support enterprise-grade throughput.

This isn’t performance for bragging rights—it’s performance tuned for when $2 million in oil gets delivered at 2:13 PM and needs to be paid out by 2:14.

Fizit doesn’t automate invoices. It replaced them altogether.

For years, the promise of “faster B2B payments” has meant slapping digital tools on top of the same broken model. E-invoices. AP automation. Factoring. Early pay discounts.

Fizit didn’t build a layer on top. It built an entirely new foundation with IIOT, blockchain, smart contracts, artificial intelligence, machine learning, and innovative financing. 

Here’s how it works: a delivery happens. A sensor logs the volume, time, and confirmation. Fizit’s system ingests that data, verifies it through smart contract logic, calculates the exact value using pre-agreed terms, and initiates a payment trigger—all on-chain, all in real-time.

There’s no invoice to be generated. No PO to match. No manual push. The delivery itself is the transaction. The network clears it automatically.

And this works without asking vendors to rewire their operations. Fizit integrates directly with existing field systems—SCADA devices, smart meters, digital ticketing infrastructure. For the seller, nothing changes upstream. But once the drop is complete, the cash moves downstream instantly.

For the buyer, payment terms are preserved—but the process becomes transparent, auditable, and airtight. No more disputes. No more delay-based discounting. No more manual ops.

This is finance, aligned to physics. Capital that moves as fast as the goods it pays for.

Zeeve built the trust layer their users won’t even see—but will feel in every on-time payment.

You don’t move $100M+ of industrial goods across a decentralized settlement layer and hope it works. You need infra that’s bulletproof. That’s where Zeeve’s Appchain-as-a-Service came in.

Zeeve built, deployed, and now runs Fizit’s Avalanche L1 network with precision:

• High-speed RPC access with zero latency

• 24/7 monitoring and uptime management. So payments never stall

• Real-time explorer integration through TraceHawk—for complete transparency

• Custom-built infrastructure designed for scale and audit-grade reliability

This is Zeeve as the ops backbone of a financial layer that moves industrial capital faster than banks ever could.

Fizit is already processing live transactions on its testnet. And it plugs into the tools vendors already use. No new hardware. No process redesign. Just smarter rails. 

The launch of Fizit’s Avalanche L1 chain is a signal to every logistics protocol, supply chain finance platform, trade settlement layer, and industrial fintech startup rethinking how money should move when goods do.

Supply chains don’t need faster invoice processing. They need infrastructure. Sovereign, programmable infrastructure that links delivery events to capital flow—natively, securely, and in real time.

That’s what Fizit built. That’s what Zeeve delivered.

If you’re building anything in supply chain finance, trade logistics, freight tracking, or delivery-based lending, you don’t need to start from scratch. The infra is live. The stack is battle-tested. The blueprint exists.

Talk to us. Let’s build your Avalanche-based supply chain L1 next.