The difference between the existing cryptocurrency payment platform and the Hug platform

Since 2017, blockchain technology has been in the spotlight in several industries, especially in the fintech industry, where many attempts have been made to utilize blockchain technology. The fact that transaction details can be managed transparently is because it can easily solve problems of trust and security, which are very important in the payment market.

However, since the existing fintech industry had a centralized structure, it was very difficult to converge with blockchain technology with a decentralized structure. In addition, the risk of volatility of cryptocurrencies has also become a big problem in the introduction of blockchain technology.

There have been cases of using stablecoins to solve the volatility of cryptocurrencies, but since stablecoins are also cryptocurrencies, they cannot solve all problems.

Hug’s payment system uses an easy point conversion method, so there is no risk of losing the difference when paying in cryptocurrency. In addition, since it is a payment system that directly connects businesses and customers, consumers can also use very low fees.

And the Hug Platform is a platform with a virtuous cycle structure where everyone can grow by providing various benefits to businesses, franchisees and consumers through the token economy. Based on this, Hug will become the standard of the future payment market.

■ Official website : https://hug-k.com/
■ Telegram : https://t.me/hugcoin_announce
■ Kakao talk : https://open.kakao.com/o/goXtkZNd
■ Official website : https://hug-k.com
■ Medium : https://medium.com/@hugcoin135