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Draft:HedgePay

From Wikipedia, the free encyclopedia
HedgePay
Company typePrivate
IndustryBlockchain development and advisory, Ecommerce solutions, IT and web development, Marketing
FoundedAugust 2021
HeadquartersMalaysia and United States,
Selangor, Kuala Lumpur
,
Malaysia
Key people
Wesley Peck, Ho Kee Cheong and Bogdan Brinzoiu
WebsiteOfficial 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

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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

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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

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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

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  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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