What Is HZM Coin (HZM)?
HZM is a decentralized utility token based on the Ethereum (ERC-20) blockchain. As per the whitepaper, the token is designed to be as user-friendly and accessible as possible so that global users can make secure and suitable transactions daily. HZM coin seeks to eradicate the problems associated with standard currencies, thanks to blockchain technology. By utilizing decentralization, the HZM coin claims to erase borders between cryptocurrency traders.
HZM Coin operates on the Ethereum blockchain, which aims to protect the transactions by keeping them in ledgers and dispersing them across different networks, seeking to make the currency virtually resistant to interference or hacking. The coin aims to be more secure than traditional currencies due to the scarcity of a single point of contact. HZM Coin's decentralized blockchain system distributes information across various decision makers who must consent that a transaction can move ahead. This technique aims to produce more privacy because no one gets access to the trader's information. The procedure also aims to make the information harder to track, and therefore, more difficult to tamper with.
Moreover, the whitepaper also claims that HZM Coin's p2p decision-making process gives traders a more reliable choice than conventional coin transactions by protecting obscurity and improving security. Transactions are documented at numerous locations and by more than one individual. Eventually, decentralization makes easier and safer transactions that aren't issued to third-party fees.
HZM token is supported by a crypto 'Souq' (or market), letting people trade using cryptocurrencies. HZM is proceeding with a slew of multigenerational mobile games next to the unique marketplace. Crypto Souq is a platform fueled by HZM Coin, seeking to make it secure and simple for assets, services, and goods trading.
History of HZM Coin (HZM)
HZM "Hazam" derives from the Arabic word for "firmness." The name denotes HZM's commitment and integrity to enhancing safety and well-being globally. The camel logo represents a long journey, regaining the ability and the energy to persist in the front of life's challenges. The logo denotes the possibility of overcoming hardship and making positive changes in a more general meaning.
In the third quarter of 2021, HZM got listed on various exchange platforms. HZM has a maximum total supply of 100 billion coins and burned 95.55 billion coins.
