# useknit.io > Digital Assets For Modern Rails Knit is a business payment infrastructure enabling cryptocurrency transactions, multi-chain wallet management, and automated cross-border settlements through API services Knit Platform provides cryptocurrency payment infrastructure through RESTful APIs for wallet provisioning, payment collection, and automated disbursements. The platform offers Business API Wallets for reusable deposit addresses, API Services Wallets for payout funding, and managed signing wallets with multi-signature policies. Core capabilities include collection address generation with webhook notifications, payment link creation, and payout automation with IP whitelist enforcement - Type: Company - Sector: Payments - Status: Active - Founded: 2024-04-10 - Profile: https://thegrid.id/profiles/useknit_io ## Products - [Knit Platform](https://thegrid.id/profiles/useknit_io): Knit Platform delivers business-focused cryptocurrency payment infrastructure through RESTful APIs, enabling programmable digital asset operations including wallet provisioning, payment collection, and automated disbursements. The platform provides three distinct wallet architectures: Business API Wallets offering per-network reusable deposit addresses with transaction filtering and pagination; Business API Services Wallets functioning as funding accounts for programmatic payout execution; and managed signing wallets supporting multi-signature policies with approval workflows. Core API capabilities include one-time collection address generation with webhook-based status notifications, payment link creation for customer-initiated cryptocurrency payments with fiat conversion tracking, and payout automation with IP whitelist enforcement and balance validation. The platform implements dual authentication supporting legacy API keys and OAuth 2.0 client credentials, processes webhook events for critical state chang (Payments Infrastructure & Orchestration, Live, Main Product) ## Links - [Main](https://useknit.io) - [Privacy policy](https://www.useknit.io/privacy-policy) - [Terms of Service](https://www.useknit.io/terms-and-conditions) - [Documentation](https://docs.useknit.io) - [LinkedIn](https://www.linkedin.com/company/knit-labs) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP