HyperFund has constructed a DeFi ecosystem that will provide a completely decentralized financial infrastructure for all digital currency users. HyperFund will devote itself to developing quality blockchain projects, lead the strategic direction of Fintech, and continuously contribute to the blockchain industry.
HyperTech Group has launched the HyperFund Ogilvy Plan to build a DeFi (Decentralized Finance) ecosystem to provide holistic decentralized financial infrastructure.
The term “Decentralized Finance” (DeFi) covers financial services carried out on a blockchain. DeFi is a financial service with no central authority. It involves taking traditional elements of the financial system and replacing the middleman with a smart contract. Take cross-border payment as an example. When a person remits money to a person in another country, they usually need to find a financial institution to complete the payment task which will charge a certain fee in return.
However, DeFi (Decentralized Finance) eliminates the need for the entire remittance process by sending digital money directly from a wallet to the payee without the need for a financial institution intermediary service. DeFi has many different financial applications, including payments, debit and credit, stable coin, tokenisation and decentralized exchanges, and is anticipated to take over the current financial system in the future.
The HyperTech Group is an autonomous organisation which contains multiple decentralized service platforms and blockchain infrastructure.
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