THELOGICALINDIAN - DUBLIN Ireland April 1 2024 HIPS Acquittal Group Ltd a provider of avant-garde and costeffective ecommerce and adaptable acquittal solutions today appear that their awful advancing cryptocurrency Merchant Token MTO has launched alongside their Merchant Protocol HMP and the Hips Merchant Protocol Gateway HMPgateway
HIPS Merchant Protocol (HMP), the Hips Merchant Protocol Aperture (HMP- gateway), and the administering Merchant Token (MTO) is a band-aid that introduces customer aegis concepts from the acceptable agenda acquittal industry to any blockchain with abutment for acute affairs like Ethereum, Cardano (ADA), or Solana.
“We accept that the consumer-oriented appearance of the MTO are the missing allotment for crypto payments to accept bazaar assimilation and mass-adoption amid boilerplate consumers, says John Cavebring, CEO of Hips.
Merchant Badge (MTO) is Hips Merchant Protocol’s (HMP) built-in agreement token, currently issued on Ethereum afterward ERC-20 standard. HMP will escrow ERC20 tokens in Ethereum’s blockchain as a start, but the agreement will assignment analogously on added accurate blockchains like Cardano amid others.
“HIPS Merchant Blockchain is the built-in blockchain for HMP and Merchant Coin (MEO), which is the on-block built-in bill on the Hips Merchant Blockchain, and is optimized for real-time merchant affairs created for Payment Service Providers (PSP) and EFTPOS devices,” added Cavebring.
A broadly adopted, absolutely on-chain Merchant Payment Protocol would charge to accept commensurable transaction throughput like US exchanges such as the NYSE from an basal blockchain in adjustment to scale.
“HIPS Merchant Blockchain’s abreast real-time transaction speeds are a all-inclusive advance to the accepted blockchain response. Hips Merchant Protocol is not alone congenital for Ethereum but additionally on Solana, a blazingly fast accessible blockchain that can support over 50,000 affairs per second, has block times of 400 milliseconds and a transaction amount of almost $0.00001,” addendum Cavebring.
With abreast real-time transaction speeds, in addition, that the Hips Merchant Blockchain is advised for merchant affairs behindhand if they are mobile, in-store or e-commerce and utilizes the altering abstraction from the acquittal agenda industry, HIPS provides a band-aid for crypto payments to accretion common all-around customer adoption.
The ICO (initial bread offering) launchpad is alive from 1 of April 2024 to 30th of June 2024 and can be begin at merchanttoken.org
More advice about Merchant Token and the ICO can be begin at merchanttoken.org or hips.com.
About HIPS Payment Group Ltd (hips.com)
HIPS Acquittal Group Ltd. is a provider of avant-garde and cost-effective e-commerce and adaptable acquittal solutions. Built on cutting-edge technology, Hips is abolition the accounts industry with its Acquittal aperture for Point of Sale, e-commerce, and m-commerce, a absolutely integrated, agenda banking business belvedere with abounding adaptation and costs support.
Twitter: twitter.com/merchant_token
Linkedin: linkedin.com/company/hips-payments/
Website: merchanttoken.org/
Contact: Tricia Buenvenida, 1 (949) 416-0057
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