Company Background and Establishment
DateHyperPay Wallet was launched by HyperTech Group in 2017, with team members in China, Singapore and Australia, with rich experience in blockchain development and fintech background. HyperTech Group not only covers wallet services, but also involves multiple dimensions such as blockchain education, technical infrastructure, and DeFi project incubation.
As one of the Group's core products, HyperPay Wallet is developed with the goal of creating a cross-chain and cross-scenario digital asset financial portal to support diverse needs such as daily payment, asset management and income appreciation.
Product form and function systemThe
product positioning of HyperPay Wallet is very complex, covering a variety of wallet types and on-chain and off-chain services, and its core functions mainly include:
1. Multi-chain asset support
Bitcoin, Ethereum, Tron, BNB Chain, Polygon , HECO, Arbitrum, Avalanche and other dozens of mainstream blockchains, which can store thousands of cryptocurrencies and tokens to achieve unified asset management and value visualization.
2. Integration of off-chain wallets and on-chain wallets
: HyperPay provides two modes: off-chain wallets (custodial) and on-chain wallets (non-custodial). Users can choose more convenient asset operations (off-chain) or more secure key control (on-chain) according to actual needs.
3. The financial service integration
wallet has built-in tools such as current wealth management, regular wealth management, mining pool pledge, stablecoin lending, and cryptocurrency wealth management products to help users achieve income appreciation while managing assets.
4. HyperPay, a real-time transfer and payment system,
supports on-chain and off-chain fast transfers, and can realize point-to-point receipt and payment through mobile phone numbers, email addresses, etc., to improve user experience. Some service areas also support the payment function of exchanging digital assets for fiat currency.
5. Hardware wallet compatibility
supports HyperMate's self-developed hardware wallet access, realizes the separation of cold storage signatures and online broadcasting, and enhances the physical security of assets.
6. Enterprise wallet service
provides customized wallet services for enterprise and institutional users, including multi-signature solutions, permission control, asset audit functions and batch payment interfaces, etc., to meet the needs of large-scale digital asset management.
7. Mobile and Web
SynchronizationHyperPay provides iOS and Android mobile apps, and is equipped with a web-based management background, which is convenient for users to manage digital assets across multiple devices and improve the convenience of use.
Market Positioning and Core UsersThe
market positioning of HyperPay Wallet takes into account both retail users and institutional users, and has a wide range of services. Specific user groups include:
- Digital asset investors: users who need one-stop asset storage and financial management.
- Cross-border transfer users: Reduce transaction costs and confirmation time through off-chain wallets.
- Enterprise organization: A blockchain project party or trading institution that needs team management and transparent control of funds.
- Hardware wallet users: Users who are concerned about offline storage and physical security of assets.
- Crypto Payment Participant: An individual user who wishes to make daily payments or settlements through digital assets.
HyperPay emphasizes the "financial-grade digital wallet experience" in service design, especially in the wealth management, payment and asset custody modules.
Security Mechanism and Privacy
ProtectionHyperPay Wallet adopts a multi-level technical guarantee strategy in terms of security:
- multi-signature mechanism: provides a higher account operation threshold for on-chain transactions.
- Hardware isolation protection: Hardware wallets such as HyperMate can isolate keys from the network.
- Separation of hot and cold wallets: The off-chain wallet adopts a hot and cold separation system to reduce the risk of funds online.
- Regular security audits: Wallet smart contracts and data systems are audited and monitored by third-party security agencies.
- Two-factor authentication for biometrics and passwords: The mobile terminal supports fingerprint, face recognition and other functions to improve the security of account login.
In terms of privacy, HyperPay follows the principle of data minimization and does not enforce the collection of sensitive information from users. In the use of off-chain wallets, some services may involve user authentication to comply with the regulatory requirements of the country in which they are located.
As
of now, HyperPay Wallet has more than millions of registered users around the world, and the number of app downloads continues to grow. Its community is active on Twitter, Telegram, Discord, WeChat official account and major blockchain media platforms, maintaining user stickiness through content output and online activities.
HyperPay is also actively involved in the construction of Web3 infrastructure, supporting NFT storage, metaverse asset display, and integration with Layer 2 networks, gradually evolving to a new generation of Web3 wallets. At the same time, its HyperCard payment product, which connects digital assets and fiat currency consumption scenarios, is also an important step in its international expansion.
Neutral
evaluationHyperPay Wallet is a crypto asset management platform with rich product forms and complete service modules, taking into account non-custodial security and convenient off-chain operation, suitable for users who want to complete the whole process of "deposit, management, management and use" on one platform. Its positioning for multi-chain assets, integrated financial services, and support for enterprise solutions makes it have certain financial intermediary attributes.
However, although its off-chain wallet module improves the transfer efficiency and user experience, it also means that some services rely on a centralized structure, and there is a trust boundary compared to a fully non-custodial wallet. In addition, the product interface and functional structure are complex, which may have a certain learning cost for users who are new to crypto wallets.
Overall, HyperPay Wallet seeks a balance between compliance, security, and diversity, and is a blockchain wallet product with a wide range of services and comprehensive features, especially for users who want to use digital assets for investment, management, and payment in multiple scenarios.
