Alternative to overseas remittance and currency exchange Hug Coin

International remittance and currency exchange is one of the oldest sectors in the history of financial services. Its size is steadily increasing every year, and in particular, the demand for currency exchange is rapidly increasing for various reasons such as overseas stock investment, study abroad, and travel.

Banks around the world are each establishing overseas remittance and currency exchange systems, but the procedures are very complicated and inconvenient. So, ways to simplify this process are being discussed, and the most representative currently is blockchain technology.

Cryptocurrencies issued through blockchain have emerged as an alternative to overseas remittance and currency exchange because they can manage transactions safely and transparently and the transaction process is simple. However, there is a problem that it has very high volatility.

Hug Coin has developed a new payment system, Payment Protocol 2.0, that solves these problems. By using this, you can integrate online and offline payment networks and support cryptocurrency payments.

Cryptocurrency volatility can be resolved by using Hug Coin’s point conversion method. Hug Coin will lead changes in the future financial market based on this.

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■ Official website : https://hug-k.com
■ Medium : https://medium.com/@hugcoin135