Telling Stories about Cryptocurrencies in KAiREX; Bank of Hash Power Cash(BHPC)

KAiREX
KAiREX
Published in
3 min readOct 8, 2018

Hello,

Like the last time we posted, we came to here with the story of Bank of Hash Power Cash( BHPC ) listed on KAiREX.

BHP is a digital assets infrastructure operation on the blockchain and BHPC is a cryptocurrency based on Ethereum and issued by BHP.

Let’s see more detail information of BHPC!

■ Q&A

Question 1. What is BHP( Bank of Hash Power )?

The goal of BHP financial group is to issue decentralized BHPC tokens and to build the first blockchain distributed bank offering various digital asset related services.

Question 2. What problems does BHP try to solve?

According to the point of view from BHP, the BTC or ETH with relatively high value compared to other cryptocurrencies is not suitable for large-scale commercial applications due to its disadvantages of high consumption, slow testimony, and high service fees. Other existing digital currencies are enjoying some kind of originality in their respective application areas. But they do not have the credit value of BTC and ETH and therefore they are difficult to be used widely. The BHP attempts to solve the problem of intermediary missing in digital currency bank, take both the credit value and user experiences of digital currency into account, and take the lead to meet the more diversified requirements of transactions, deposits, profits, assets replacements, re-investment, etc. from global customers.

Question 3. Please let us have brief information about mining business of BHP.

According to the website, currently BHP operates mines in 3 countries : Canada, South Korea, and China. Until 2018, 3 more mines are supposed to be added in such countries as Russia, Sweden, and U.S.A. BHP continuously attracts investors for mining business and the investors are supposed to receive both dividends from multiple mining revenues and global operation revenues.

Question 4. Any information about members of BHP financial group?

Rouger Wu, CEO of BHP financial group, has Ph.D in artificial intelligence and is a serial entrepreneur who has established several companies such as e-commerce platform YGM, overseas parallel imports of new card on-line retail platform Daboche, and etc. Also, Linke Yang, a co-founder of BTCC which is the first cryptocurrency exchange in China, has join in BHP as an advisor. You may get more information about other members from the website of BHP.

Question 5. Any additional things to learn more about BHP?

It seems that BHP is trying to establish cryptocurrency payment ecosystem which can be applied to various finance related industries based on BHPC and cryptocurrency mining business. You may visit and check the website of BHP to learn more about its business area to be expanded. https://www.bhpcash.io

Have you got a better understanding of BHPC? If you have any questions, please feel free to contact us.

Next, we will look at the Callisto ( CLO ) information.

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KAiREX
KAiREX
Editor for

KAiREX, cryptocurrency exchange, is the global hub of digital finance ecosystem.