Hupayx

Blockchain has been evaluated as ‘new core technology to change the world’ after the invention of the Internet and it has risen as a leader of the fourth industrial revolution. Blockchain is a technology that enables P2P trade to procure reliability without an authorized third party by all nodes sharing identical trade information in real-time. Differentiated reliability can be retained through blockchain technology in various industries such as finance, manufacture and distribution, and public service. It is expected that creating new value is available by
brokerage commission reduction as well.

The most highly utilized industry among various business fields is finance, that is, the transfer and payment service market. While overseas remittance using SWIFT usually takes 2 to 3 days currently, if you use blockchainbased cryptocurrency, it only takes around 30 minutes to complete the transfer. Furthermore, the time required for cryptocurrency transactions gradually reduces with technology development.

As above, reduction of remittance time and payment fee with cryptocurrency are available. However, there are some problems to resolve for introducing cryptocurrency actively. It can be difficult for users to accept cryptocurrency due to price fluctuation and complicated payment methods even if cryptocurrency is introduced to the real economy. To prove blockchain’s value and to introduce & utilize cryptocurrency-based finance service actively, we need a new service model that is different from the legacy model.

The Human Plus shows HUPAYX project, which enables to use convenient and rapid payment service anytime and anywhere with all digital asset including cryptocurrency. HUPAYX is an open payment system for every main agent of economic systems such as government organization, finance company, medium-sized company, retail shop, distribution company, and fin-tech company.