KUALA LUMPUR, April 10 (Bernama) -- Human Plus, a South Korean startup has unveiled its human-centric payment solution with efficient cryptocurrency utilisation ecosystem, HUPAYX.
The solution was recently released at the Future Blockchain Summit 2019, the world’s biggest blockchain festival, hosted by Smart Dubai.
HUPAYX has an objective to transform traditional payment infrastructure with all-in-one blockchain based cryptocurrency payment platform.
As Dubai’s government plans to transform the city to the blockchain capital of the Middle East, HUPAYX will become its main cryptocurrency-based payment solution partner.
“Traditional payment infrastructure is not suitable to utilise cryptocurrencies in our everyday lives nor does it help us to eradicate existing cash ecosystem as a whole,” said Human Plus head of Global Marketing Team, Aibek Amandanov.
HUPAYX not only desires to solve this problem, but also strives to create an infrastructure where national governments, solution providers, businesses, SMEs and most importantly, general public can benefit from spending their cryptos in their commercial activities.
Compared to Visa and Mastercard, HUPAYX is significantly cheaper with just 0.5 per cent processing fee per transaction for merchants of any size.
During the two-day conference, Human Plus successfully signed four memoranda of understanding with England, Estonia and Australia companies.
Human Plus will also participate in Blockchain Life 2019, from April 23 until 24 in Marina Bay, Singapore.
-- BERNAMA
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