The Next Generation of Digital Financial Service is Already Upon Us

Photo by George Milton from Pexels

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

When Bitcoin launched the 1st bitcoin ledger in 2009, a lot of people were pessimistic about the future of cryptocurrency and blockchain technology. Now, 12 years down the line, the price for Bitcoin (BTC) has soared by an enormous sum, awakening the attention of both investors and companies about the massive potential of cryptocurrency and blockchain technology.

One company that is leveraging Blockchain technology to transform the way we manage and grow our personal finances, is hi.  

The company is on a mission to develop the world’s most scalable and inclusive technologies to maximize human potential, starting with Financial Services, and based on pioneering Blockchain technology.

What Makes hi Unique?

The ease of signing up for hi makes it stand out from other digital banking or crypto trading platforms. hi allows new members to create an account using supported platforms — WhatsApp and Telegram — using the links found on the company's website. All you have to do is start a conversation by typing ‘hi’. Once an account is created, the member can use the financial services hi offers, including feeless transfers and earnings or staking products giving up to 40% APY.

hi Dollars can be purchased directly on the website with supported crypto such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT) or USD Coin (USDC) and soon with credit cards. The hi ecosystem takes security very seriously, Only members who have completed identity verification are allowed to withdraw, deposit, buy or sell cryptocurrencies on the platform.

Unlike other platforms, hi allows members to send digital currency (and fiat currency coming soon) in real-time, with industry leading security and no fees within the hi ecosystem. One unique function at hi is the CashHash, a peer-to-peer sending feature that enables members to send money to anyone via Telegram or WhatsApp simply by specifying the amount they wish to send (for example $50). The bot will then return a CashHash in the form of a unique, 18-character hexadecimal string.

The company also runs a referral program where members can get rewards for referring friends, including rewards for all the downstream rewards that friends of friends earn. This provides potential for passive income which is not seen in many other projects. 

Apart from the referral program, hi also offers all its members daily rewards of up to 1 hi Dollar (currently worth 0.7375 USD). All it takes for members to earn their daily rewards is to answer a simple and fun question by using the “Claim Daily Reward” command.

What makes hi a trustworthy project?

When doing research on a project, it is always important to look into the people behind it. The hi team is led by veterans with rich experience in key areas that are crucial to the long-term success of the project. Stefan Rüst was the CEO of Bitcoin.com, a mobile wallet that enables users to hold, send, and receive most used cryptocurrencies. And Sean Rach was the CMO of Crypto.com, one of the leading Crypto platforms globally. 

What does the future hold for hi? 

hi is building a Blockchain, the hi Protocol, designed to serve 1 billion members with zero fees and industry leading transaction speeds. Bridging the world of Crypto and Fiat services is also a big next step in the roadmap for hi. The company is working on issuing virtual debit cards to members, enabling them to spend their account balance anywhere debit cards are accepted, both online and offline. Read more in the Whitepaper on hi.com.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.