Why Hug Coin is Promising

HUG Coin
HugCoin
Published in
2 min readSep 2, 2022

Even 10 years ago, many people used cash and credit cards to buy things in offline markets. However, as smartphones began to spread in earnest, the number of people who purchase goods by paying through mobile apps gradually increased.

Payment through the smartphone app was also mainly made in the offline market, but as the coronavirus pandemic came, the frequency of outside activities and going out was extremely reduced, so there were a lot of people using online easy payment.

In order to use simple payment, a PG company is needed in case the consumer does not receive the goods, and a VAN company is needed to connect the merchant and the card company. Because there are many intermediate participants, a large fee is involved in the payment process and the risk of information exposure increases.

To solve this problem, Hug Coin developed Payment Protocol 2.0 to provide a payment system that can directly connect businesses and customers. Hug Coin’s payment system directly connects companies and customers, so fees are low and the risk of information exposure is low.

In addition, since it is based on blockchain, it is possible to introduce cryptocurrency payments, and it is also possible to introduce payment systems in the recently emerging NFT market and metaverse market. Hug Coin pursues an all-in-one payment solution that integrates all payment markets.

■ 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

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