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    Recap: AMA BC Blue Sky Ventures & Hyperpay

    On September 13rd 2021, our community had a chance to welcome Maya – Community Partner Of Hyperpay   to join in an AMA to give fruitful information about the key features and roadmap of HyperPay – the world’s first four-in-one digital asset wallet, innovatively integrating off-chain wallet, on-chain wallet, shared wallet, and hardware wallet. HyperMate Pro – uses a military-grade security chip, and the private key never link the Internet,safe and trustworthy.
    Time: 10:00 AM UTC / 15:00 PM UTC +7, Monday, September 13rd, 2021
    Venue: https://t.me/bcblueskyventures
    Airdrop 100 USDT for the best questions in the AMA
    Question for Part 1- Project overview
    Question 1: 1. Please briefly introduce HyperPay
    Maya: I am very happy to be here today, I am Maya, the community leader of HyperPay. Today, I would like to introduce to you the market positioning and main business of HyperPay Wallet, as well as HyperPay’s flagship products, and welcome to ask me any questions about HyperPay.
    Let me introduce HyperPay first:
    HyperPay is the world’s first multi-ecological digital asset wallet that integrates off-chain wallet, HyperMate hardware wallet, on-chain wallet, and shared wallet. Established in 2017, it provides users with one-stop services such as asset management, investment, consumer payment, etc. . HyperPay now has more than 1 million users, manages more than $1 billion assets, and has processed more than 310 million transfers.
    HyperPay cleverly integrates four independent wallets in one APP so that users can freely switch to any wallet for related operations, and transfer is also convenient between wallets. The four wallets, each serves for different purpose. Off-chain wallet can be used to achieve asset value preservation and appreciation by investing in products launched by HyperPay; on-chain wallet which supports the mainstream public chains in the current market, can perfectly meet the needs of users for depositing funds; shared wallet facilitate frequent exchanges of large amounts of funds; hardware wallets are Long-term static storage for large amounts of funds.
    HyperPay also has other services such as wealth management, currency transaction, fiat transaction, lightning exchange, mortgage lending, market tracking, multi-signature co-management and others.
    The products in off-chain wallet include: current and fixed investment products, PoS Staking, digital currency mortgage lending, and cloud mining.
    Question 2: What products are currently popular in HyperPay?
    Maya: Today, the flagship products I want to introduce to you are HyperMate Pro hardware wallet and HyperCard credit card.HyperMate Pro, HyperPay’s new generation hardware wallet (the first generation is HyperMate G), was officially launched on April 8. HyperMate Pro inherits all the functions of HyperMate G, and combines traditional mature security technologies – fingerprint recognition to achieve a secondary security upgrade at the physical level to prevent illegal hijacking of user accounts by external factors in extreme cases, thus to ensure that every transaction is correct and safe.HyperMate Pro supports the mainstream digital currencies, with a total of tens of thousands, supports multi-sig of BTC, HC, ETH, BCH, LTC and ERC20. It has built-in CC EAL 6+ security chip, double transaction confirmation, firmware upgrade, Bluetooth 5.0 connection to HyperPay app, high level security and DeFi session with rich entrances.
    HyperCard can be used to consume and store assets. It also supports legal currency OTC, so you can use it in more than 176 countries, over 50 million merchants around the world. Shopping, entertainment, or travel, you only need to show your HyperCard to get a perfect and smooth payment experience all over the world.

    Question 3: How to apply for Hypercard?
    Maya: HyperCard is easy to apply and can be purchased directly in the HyperPay wallet. Digital currency can be exchanged into legal currency in real time after being deposited to HyperCard, eliminating the cumbersome process and the trouble of paying cash. Safe payment is guaranteed, and consumer privacy is protected by law. HyperCard creates a new payment method that is easy-to-use, fast, flexible, and highly secure.
    In the process of card purchase and opening, when it needs to pay in USDT and you do not have any in the wallet balance, you can click “One-click purchase” on the homepage of HyperPay app to buy certain amount of USDT through your credit card (different card have different prices, purchase on your demand), or you can just transfer USDT to your wallet balance.
    After submitting the card opening application, it will start the review step which is usually completed within 24 hours, and the result will be emailed or phoned to you. Once it passed the review, virtual card can be used immediately, but the physical card will take a certain time to be sent to you.
    Question 4: What currencies does Hypercard support for deposits? Is the fiat currency withdrawn when using an offline ATM in a particular type of currency? What problems can be effectively solved by using HyperCard?
    Maya: HyperCard supports BTC, ETH, USDT for deposit. The legal currency when users withdraw cash at ATM basically is the local legal currency. When using HyperCard, users can effectively circumvent the local government’s restrictions on digital currency transactions, exchange legal currency at a lower rate, and conduct the operation with no risks; HyperCard also supports fast exchange between the local currency and usd and euro, which can be automatically converted to the currency that needs to be used during consumption; holding HyperCard can also effectively solve the problem of foreign exchange, worry-free consumption across borders.
    Question 5: Can you talk about the reasons for choosing a hardware wallet?
    Maya: I’ve heard many people say that they don’t have much assets in the hands, and putting them in the exchange is relatively safe because even if something goes wrong, the exchange will take the responsibility. The fact is just the opposite. The shocking news of the industry’s leading exchanges has sounded the alarm for us. Centralized institutions may shut down for many reasons.
    The DeFi field continues to be hot. Users can withdraw their assets from centralized institutions and use hardware wallets to participate in DeFi. Therefore, users can completely connect through wallets and DApps, and assets are kept in In your own hardware wallet or other media, which is exactly the developing direction of the industry.
    The hardware wallet stores your private key securely in the device, and no hacker can disclose it.
    Hardware wallets are not affected by computer viruses, which means you don’t need to worry about infected computers used with hardware wallets.
    Before sending funds from the device, users need to make physical access on the hardware wallet device for confirmation. These all ensure that the hardware wallet can guarantee the safety of user funds to the greatest extent.
    Protecting the safety of users’ funds is our eternal mission. This is why we are deeply involved in the wallet field and gradually iterate our hardware wallet products.
    Question 6: HyperMate Pro wallet is an upgraded version. What upgrades does this wallet have compared to the previous version?
    Maya: This time, HyperMate Pro has made great improvements in exterior, user experience, functions and safety performance compared with HyperMate G.Let’s first take a look at the two versions of hardware wallets (the left HyperMate Pro, the right HyperMate G):

    The International Organization for Standardization divides the CC assessment level into EAL 1-7 from low to high. Generally speaking, the safety requirements of commercial products are within CC EAL 5. The bank chip debit cards require CC EAL5+. Higher levels such as CC EAL6 and CC EAL7 are for military use. HyperMate G and HyperMate Pro all reach CC EAL6+, but Pro has been detailed optimized and improved:

    Carved in details, an innovative work

    HyperMate Pro inherits all the functions of HyperMate G, and combines traditional mature security technologies to achieve a secondary security upgrade at the physical level to prevent illegal hijacking of user accounts by external factors in extreme cases, thus to ensure that every transaction is correct and safe.
    ①Fingerprint
    Users need to verify their fingerprints on HyperMate Pro to confirm that the transaction is initiated by themselves, which double guarantees the security of the transaction;
    ②Mnemonic
    Users have two options for creating mnemonic words: users can choose to create 12 or 24 mnemonic words, and the two standards do not affect the safety coefficient.
    ③Bluetooth 5.0
    Bluetooth 5.0 has an increase and optimization for the speed of low-power devices. Bluetooth 5.0 combines with wifi to assist in positioning indoor locations, improving transmission speed and increasing effective working distance.
    ④Chinese/English
    HyperMate G only has English language, but Pro supports English and Chinese. Korean, Italian, and Arabic will soon be supported;
    ⑤Smoother physical keys
    HyperMate Pro has made a lot of optimizations in details to try to provide users with better experience.

    ⑥Brand-new design
    HyperMate Pro has larger monitor and the physical keys, which is more intuitive and easier to operate.
    Also, the vertical structure, the appropriately increased volume and weight and the perfectly arranged keys make it more suitable for one-handed operation.
    Question 7: Compared with other hardware wallets, what are the advantages of HyperMate Pro?
    Maya: Some hardware wallets currently use webs or desktops to work with the hardware wallet, such as Ledger Live or Trezor, but compared to the mobile app, web or desktop essentially carry a greater risk exposure. Mobile apps run in a sandbox environment. Data is not allowed to be read between apps. Products on the mobile side turn on system global area encryption by default, which is often not the case on the web or desktop. User permissions on the mobile are strongly restricted, unlike on the computer, where users can even bypass some security settings through the command tools.
    Also, ordinary users are not good at discerning phishing links. When downloading a desktop, users are likely to download to the wrong companion software, resulting in a coin loss.
    At present, there are two types of hardware wallets on the market. One is chip-based hardware wallets, which store private keys, PIN codes and other private information in the security chip, such as Trezor, Ledger, HyperMate, etc.; the other is a mobile wallet based on the Android system, like Kushen Wallet.
    At present, there are two types of hardware wallets on the market. One is chip-based hardware wallets, which store private keys, PIN codes and other private information in the security chip, such as Trezor, Ledger, HyperMate, etc.; the other is a mobile wallet based on the Android system, like Kushen Wallet.
    This kind of wallet puts the keystore in the memory, and there is no security protection in the memory, so it leaves an opportunity for hackers. If such wallets are lost, they will be physically cracked.
    There are also differences between chip wallets. For example, Trezor uses ordinary chips. If hackers conduct electronic attacks, ordinary chip is helpless. In 2017, at the World Hacker Conference held in Las Vegas, USA, a foreign security team demonstrated on the spot how to hack Trezor wallet. It only takes 15 seconds to transfer Bitcoin by loopholes after removing the wallet shell.
    Ledger uses the security chip with the security level of CC EAL5+. The International Organization for Standardization divides the CC evaluation level into EAL 1-7 from low to high. Generally speaking, the safety requirements of commercial products are within CC EAL 5. The bank chip debit card used requires CC EAL5+ security certification, and higher encryption levels such as CC EAL6 and CC EAL7 belong to the military level.
    Ledger uses two chips, one is secure and the other is non-secure, so it exists security risks in the process of transmitting information between these two chips. Ledger has also exposed security vulnerabilities. Hackers can obtain the PIN code of the wallet step by step without removing the outer shell by forcibly upgrading the non-secure chip. The PIN code is equivalent to the password of the wallet. With it, you can open the wallet and transfer money away.
    HyperMate adopts the randomly arranged keyboard for PIN code input, each at different position, and no real PIN number displayed, minimizing the probability of passers-by peeking at the PIN codes and stealing private keys. When the PIN code is entered incorrectly 10 times in a row, HyperMate will automatically destroy the stored data, which can effectively prevent the hardware wallet from being violently cracked by hackers.
    At the same time, all transactions require a second checking and confirmation. The trading information can be fully displayed on the HyperMate’s display screen, and once the APP may suffer tampering, the information displayed on the screen not the same, the user can reject the transaction directly. Moreover, the information on the screen is produced by the chip internally through calculation and encryption.
    The wallet private keys and mnemonics of HyperMate are generated purely by hardware, never leaving the security components, and never connecting to the network.
    In addition to the US FCC authorization certification, we have also obtained the European CE safety certification. Our hardware wallet is very popular in overseas markets. We have a large number of orders from the American and Italian markets.
    HyperMate meets the BIP32/BIP39/BIP44/BIP45 standard. The creation and recovery of the wallet are completely offline. Once the private key is generated, it is stored in the encrypted security chip, even the hardware wallet itself is unable to read it.
    If you are interested, you can click on our official website to purchase this https://hyperpay.tech/hardware?lang=en
    Part 2: 5 questions pre-collected by Twitter post.
    Question 1: Revenue is a key factor for all projects to survive and keep the projects running. What is HyperPay’ way of generating profit and revenue? What is HyperPay’ revenue model? @tuan_iker
    Maya: As I said before, we have a lot of business lines. We have centralized wallets and decentralized wallets, respectively offchain wallets and onchain wallets. In this regard, offchain wallets have many wealth management products, which are offering At the same time as the user income, we will also charge a portion of the income as the platform’s handling fee. At the same time, we also sell HyperMate and Hypercard. These two business lines are also our main revenue. Then there is the mining income of funds, etc., The more product lines we have, the more revenue sources and benefits we can bring to users.
    Question 2: how can we use #Hyperpay Wallet on mobile phone?
    Is it available on play store or apple store? @Debby9900

    Maya: yes, but we have updated the latest version of the app. These two platforms are currently under review. https://hyperpay.tech/app_down
    Please use this link to download HyperPay, because we will send 100USDT to 50 lucky winners later
    Question 3: Would you agree with me that adoption and utility are key factors a to project’s survival and success? What’s being done to drive global adoption of HYPERPAY amidst crypto regulations, legislation, and competition? @PotokGadang
    Maya: Yes, For cryptocurrency, different countries have different laws. HyperPay is headquartered in Hong Kong, and has branches in different countries such as Dubai, Australia, and Italy. All our products are established on the basis of compliance, such as before China Launched, opposed to mining, so we made adjustments, migrated our mining machines, and fully assumed the losses that users may cause, we have been committed to compliance, so using HyperPay can completely not worry about this
    Question 4: Does HyperPay have any Github page or any sharing place so that people can look up your code, make sure that your project still growing up and people can trust to accompany the long-term project?
    @tuan_iker

    Maya: https://github.com/hyperpayorg/hardwallet yes, we have this, plz check this link
    Question 5: The SUCCESS of a project also depends on how big the COMMUNITY is. Do you have any plans to spread awareness to crypto users and non crypto users in the world? Especially non-English speaking countries that may be barred from accessing Hyperpay Project? @FelipeA72667284
    Maya: We have been working hard for this, so in addition to having branches in different countries, we also have community ambassadors and administrators in different languages. We sincerely invite all users to join our ecological construction. If you are interested in this, you can contact us. The next step of HyperPay is to achieve global marketing.
    Part 3: Guests will choose 5 best live questions from members to answer directly in the group.
    Question 1: Have you being audited ? Have not heard you talk about that security of funds is what every investor craves for and plans to escape incase of insecurity if funds,scams and rug pulls ? How strongly built are your security put in place? @nhuy0610
    Maya: We have done all the security audit work, such as the well-known audit unit, manwu technology. We have been strictly controlling the security of assets.
    Question 2: How do you plan to spread awareness about your project in different countries where English is not good? Do you plan to develop many different communities such as Vietnam, Indonesia, Korea, … about your project so that they can easily ommunicatee and understand your project? @tranthidieu98
    Maya: yes, We have different groups. Groups in each country are managed by different administrators. And we have overseas ambassadors from different countries, we have the ability to popularize HyperPay to all countries, plz check our local tg group
    🇨🇳Chinese:https://t.me/hyperpaywalletcn
    🇮🇹Italian:https://t.me/HyperPay_Italy
    🇸🇦Arabic: https://t.me/HyperPay_Arab
    🇵🇰pakistan:https://t.me/HyperPay_PK
    🇻🇳Vietnam:https://t.me/HyperPay_VN
    🇲🇷Mauritius:https://t.me/HyperPay_mu
    🇮🇷Iran: https://t.me/HyperPay_Iran
    🇮🇩 Indonesia: https://t.me/HyperPay_IDN

    Question 3: Have you being audited ? Have not heard you talk about that security of funds is what every investor craves for and plans to escape incase of insecurity if funds,scams and rug pulls ? How strongly built are your security put in place? @sieuphamka
    Maya: we have been operating for many years, and there has never been a problem of fund security, Regarding asset security, we are excellent at both the technical level and the artificial level. I also mentioned it in my previous ama.
    Question 4: Which market, partners and community are you presently focusing on collaborating with at the moment? @Hanks712 
    Maya: Our app recently launched a new function, coupon function, so our next goal is to cooperate with community leaders in various countries to promote and rebate. At present, we have partners in Southeast Asia, Europe and the United States.
    Question 5: Right now issuing a token is a fairly simple process. However, building systems and ecosystems is the hardest part. My question is, how will the demand for tokens increase and how will this token be used in the ecosystem? @thanbcm
    Maya: we have a token, hpy, this is our wallet token,Regarding the ecology of hpy, there are currently three main types
    1. Because our offchain wallet has many wealth management products, hpy has a very important function that can raise interest rates. Owning hpy can get higher profits.
    2. Hpy mining, as an investment target, hpy can earn more tokens
    3. With hpy locked up, you can get the opportunity to get BTC for free
    There will be more ecology in the future, we are still developing
    For all of the questions that have not been answered yet, guys feel free to search for more information or ask directly to them on the links provided below:

    Website: https://www.hyperpay.tech
    Twitter: https://twitter.com/Hyperpay_tech
    Weibo: https://www.weibo.com/u/6358820994
    Facebook: https://www.facebook.com/hyperpayofficial/
    Telegram: https://t.me/HyperPay_En
    Medium: https://medium.com/@hyperpay.info
     

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