Review on HUPAYX by gregori cordova

Name: HUPAYX
Item: HUPAYX
Rating: 3

February 08, 2021

a simple and dynamic way to spend our crypto balance in the real world, but it was not very successful

Using our digital assets quickly and easily in the real world is a task faced by many platforms today. Hupayx is a payments platform based on highly scalable blockchain technology, which allows to bring both customers and businesses closer together in a direct way, facilitating the way in which payments are made. The mainnet blockchain of this project was built under the cosmos network with a dPos consensus algorithm, which gives it greater scalability and confidence when carrying out transactions. the integrated payment platform called vault uses its own native HPX token that is used to process transactions and as rewards for network nodes. Through its Vault payment platform, sellers and different SMEs are allowed to use their cell phone as a point of sale, and customers can access their stores and pay using their crypto balance in a P2p environment immediately. It also has its own wallet available to download for free to facilitate the exchange and trade of its assets when paying in establishments and that use end-to-end encryption mechanisms.
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Hupayx takes advantage of all the potentialities of the blockchain such as its integrity and performance to offer an online payment service that facilitates the way in which cryptocurrencies are spent in the real world, and all in a p2p ecosystem with maximum security.
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Pros

According to their dpos consensus algorithm, many scalability and interoperability problems are solved
Offers a P2p environment where cryptocurrency users can finally spend their funds in the real world without any intermediary
The portfolio available on the platform has the possibility to convert your crypto balance to fiat currency in just seconds to facilitate the preferred payment methods
The nodes in charge of validating the transactions get rewarded for this, and once a month the cost of the transaction fees is decided through voting.
In addition to their Vault app, various salespeople or store owners can use their phone as a point of sale terminal

Cons