HUPAYX — Moving Towards Worldwide Standardization of Blockchain Payments in Everyday Life
User-centric blockchain payment platform HUPAYX is exploring more foreign markets, this time — Europe. With domestic trial services at duty-free shops scheduled at the end of the this year (Q4, 2019) and Catholic payment service early next year, we expect 2020 to be an exciting year!
So far, a POC preparations with a Brazilian POS company is already underway in South America. However, HUPAYX is also in the middle of strategic preparations in order to enter into the European and Southeast Asian markets.
In order to advance into European market, as well as to promote HUPAYX services and to form strategic partnerships, we will participate at upcoming Malta AI & Blockchain Summit, which will be held from November 4 to 8.
The Maltese government is also aiming to be the first government body to run on blockchain and AI technology. HUPAYX is scheduled to meet with various prominent entities, including one of the Europe’s top Telecom provider that recently signed an MOU with the Maltese government to raise awareness of blockchain, the Internet of Things, artificial intelligence, VR, big data, and quantum computing. This global entity will carry out various technology-based pilot projects and expand the digital environment on the island.
HUPAYX’s market entry strategy is to enter the European mobile payment market through a Joint Venture (Discussions Underway). Sebastian Suh, CMO of HUPAYX noted that in the future HUPAYX Payment Services could become a major driver of blockchain mass adoption and blockchain based payments in the European market.
HUPAYX Solution can be easily integrated with other client facing mobile services, such as: Shopping malls, Games, Banks, Hospitality, Mobility, Finance, etc. via API and serve as one of the payment alternatives. With faster and cheaper transactions and cross service user engagement. Thanks to that, we are also developing a domestic AirBnB type accommodation payment business. As a result, HUPAYX has a lot to bring to Europe, with its payment service aimed at becoming a truly globalized platform.