THELOGICALINDIAN - Ho Wah Genting Group HWG is a wellknown amassed accepting assorted business interests in blockchain tourism internet biking retail and ball On the added duke everiToken is a Switzerlandregistered accessible alternation aggregation specializing in award-winning aegis authoritative acquiescence and affinity The two companies accept afresh entered into a cardinal business affiliation to collaboratively accession USD 500 Mn HWG Cash on everiToken Accessible Alternation This implies that the appropriate affection of the barrage is 500M account of HWG Cash a stablecoin
Background
The HWG will affair stablecoins on the everiToken Public Chain. The two companies will additionally assignment calm to advance a new agenda bill payment ecosystem with common reach. As a group, Ho Wah Genting Group’s business interests cut beyond a advanced ambit of sectors. For instance, abreast from the industries already listed above, HWG has a cryptocurrency exchange, authoritative it the aboriginal close to accept a accountant barter in Malaysia. Also, the aggregation channels a ample bulk of activity into analytic its own business problems. HWG tackles challenges stemming from liquidity, volatility, and trust. In a bid to finer arrest its business setbacks, HWG has bound to action a stablecoin application the everiToken platform. For those not in-the-know, a stablecoin is a cryptocurrency with real-world asset (such as the US dollar or gold) backing.
The Stablecoin
HWG Cash is a stablecoin with an ERC-20 agreement compliance. It additionally allows for accessible crypto-to-fiat and crypto-to-crypto conversions. With the accomplishing of these admired attributes, the badge allows for the accumulation addition of blockchain assets to the accumulation market. In adjustment to accommodated the needs of its developers, the accessible blockchain that will underlie the stablecoin needs to accept assertive functionalities. These functionalities accommodate an adeptness to abutment a huge trading volume, best security, fast transaction confirmation, scalability, and authoritative compliance.
Introducing the “everiPay”
everiPay is activity to be the world’s alone bartering solutions for micropayment on chain.
Truly, everiToken has assertive attributes that accomplish it a acceptable fit for the proposed HWG cryptocurrency. everiToken’s latest blockchain activity is alleged everiPay, which has the afterward functions:
With the aggregate of everiToken accessible alternation technology, everiPay enables transaction acceptance in a breach second.
The ICO date will be appear soon. To apperceive added about this accord and different everiPay project, amuse appointment ：
Website: https://www.everitoken.io/
Telegram: https://t.me/everitoken
everiPay on YouTube: https://www.youtube.com/playlist?list=PLD3Pg2lxTrw1ja0tSZYiRine69L2ozH-V
