Draft:HedgePay

HedgePay
Company type	Private
Industry	Blockchain development and advisory, Ecommerce solutions, IT and web development, Marketing
Founded	August 2021
Headquarters	Malaysia and United States, Selangor, Kuala Lumpur, Malaysia
Key people	Wesley Peck, Ho Kee Cheong and Bogdan Brinzoiu
Website	Official website

HedgePay is a company that provides services related to blockchain technology and decentralized finance (DeFi). The company operates in the cryptocurrency sector, offering various tools and platforms for users involved in blockchain ecosystems.^[1] ^[2]

History

HedgePay was founded in August 2021 by a team of professionals from the United States, Malaysia, and Europe. The team includes Wesley Peck, Ho Kee Cheong, and Bogdan Brinzoiu, each contributing expertise in different areas such as entrepreneurship ^[3], digital marketing, and software development. ^[4]

Platform & features

HedgePay operates through a decentralized platform that utilizes HPAY tokens. These tokens enable users to participate in staking protocols, offering the opportunity to earn rewards. The platform incorporates risk-reduction strategies, including Automated Market Maker (AMM) mechanisms and connections to stable cryptocurrencies ^[5], aiming to enhance security and stability for users engaged in decentralized finance activities. ^[6] ^[7]

Security

HedgePay The company employs smart contracts to manage transactions securely. It uses encryption to protect data, and GNOSIS Safe Wallet handles token management. ^[8]

References

^ Jeff, Roberts (October 1, 2009). "Blockchain Taps Blackrock and Goldman Sachs Vet as Its General Counsel". Fortune.
^ "HedgePay Company Profile". Tracxn.
^ Nathaniel, Popper (December 29, 2020). "Cryptocurrency Start-Up Underpaid Women and Black Employees, Data Shows". The New York Times.
^ Paul, Vigna (April 8, 2021). "GameStop and Bitcoin Renewed a Push to Digitize the Stock Market". The Wall Street Journal.
^ "Coinbase HPay". Coinbase. May 23, 2023. Retrieved May 23, 2023.
^ Paul, Vigna (July 28, 2014). "Blockchain's Bitcoin App Reinstated in Apple's App Store". The Wall Street Journal.
^ "HedgePay Price | HPAY Price Index, Live Chart and USD Converter". Binance.
^ "Hedge Pay Brings a Secured Crypto Platform Where Clients Can Safely Invest on The Blockchain". Yahoo Finance. January 12, 2022.

External Links

[1] Jeff, Roberts (October 1, 2009). "Blockchain Taps Blackrock and Goldman Sachs Vet as Its General Counsel". Fortune.

[2] "HedgePay Company Profile". Tracxn.

[3] Nathaniel, Popper (December 29, 2020). "Cryptocurrency Start-Up Underpaid Women and Black Employees, Data Shows". The New York Times.

[4] Paul, Vigna (April 8, 2021). "GameStop and Bitcoin Renewed a Push to Digitize the Stock Market". The Wall Street Journal.

[5] "Coinbase HPay". Coinbase. May 23, 2023. Retrieved May 23, 2023.

[6] Paul, Vigna (July 28, 2014). "Blockchain's Bitcoin App Reinstated in Apple's App Store". The Wall Street Journal.

[7] "HedgePay Price | HPAY Price Index, Live Chart and USD Converter". Binance.

[8] "Hedge Pay Brings a Secured Crypto Platform Where Clients Can Safely Invest on The Blockchain". Yahoo Finance. January 12, 2022.

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