What Is HyperPay (HPY)?
HyperPay is a technology-oriented company aimed at bringing inclusive financial services to users. The team at HyperPay is continuously engaged in developing digital financial solutions for millions of its users worldwide. Moreover, HyperPay seeks to integrate personal finance and the mainstream third-party platform payment field and build an easy-to-use and secure one-stop service platform for cryptocurrencies through technological innovations.
The platform aims to offer its users and enterprises access to various financial services like asset custody, wealth management, and consumer payment through a digital wallet to solve all the problems associated with digital currencies. Security and enhancement are two main guiding principles for the entire team at HyperPay.
HyperPay has developed multiple cryptocurrency wallets with different features for the varied needs of the users. Some of the main products of the HyperPay platform are as follows;
HyperPay off-chain wallet - is a digital assets management wallet developed by multiple blockchain security experts and seeks to offer a security strategy based on the SBC risk control system. The wallet aims to provide a one-click exchange option supported by an effective process. Fifty leading chains support this off-chain wallet.
Hyper Mate Hardware wallet – A hardware wallet is a safer way to store crypto assets. This hardware wallet from HyperPay is 2.3 mm thick, has a Bluetooth connection, and seeks to offer multi-sig verification. Multi-sig or multi-signature technology aims to provide additional security for cryptocurrency transactions as the transaction requires more than one approval or sign-off before it gets executed.
HyperPay on-chain wallet – This on-chain wallet seeks to enable users to have complete control of their wallets and provide access to the latest DApps worldwide. Moreover, users can store their private keys locally, and multichain assets can be managed with only one identity. On-chain transactions are blockchain transactions that are stored on a distributed public ledger.
HyperPay Multi-Sig wallet - This wallet seeks to offer multi-sig verification and is suitable for digital asset management for families as well as organizations and corporations, allowing them to comanage their assets.
The HyperPay platform also seeks to offer additional asset management and cloud mining services to its users.
HPY is the native token of the HyperPay platform. The platform allows its token holders to earn via staking. Token holders can obtain staking rewards by holding or locking native tokens.
History of HyperPay (HPY)
HYPERPAY was registered in Melbourne, Australia, and the HyperPay digital wallet initiative was launched in 2017. The project was formally launched in February 2018.