There are so many different marketplaces around the world. With the development of information and communication technology, numerous marketplace channels have emerged in the online area, and the distribution structure that weaves offline and online has diversified.

These diversified marketplaces provide convenience to consumers, but at the same time, they can cause confusion of choices.

Although payment has become more convenient than in the past due to the development of fintech technology, differential benefits from credit card companies and fintech solutions may cause confusion to consumers again.

And these days, demand for NFT and blockchain payments is increasing, and demand for payment solutions in metabus shopping malls and metabuses is also increasing. This predicts that marketplaces will need blockchain-based markets and payment solutions in virtual reality in the future.

Metabus payment protocol.

Metabus is a virtual reality world that is approaching us. In this virtual reality world, we provide surreal benefits by overcoming the limitations we have experienced offline and online. Online shopping is convenient, but there is an absolute disadvantage of being able to see and purchase products in person, and offline shopping has inconvenience through physical marketplaces.

Purchasing products on Metabus solves these problems and allows consumers and sellers to sell and consume more smoothly. However, since Metabus is based on a blockchain network or is designed with its own network and engine, compatibility problems arise with payment protocols.

Hug Coin is developing Payment Protocol 2.0 that allows payments to be made actively in this metabus world.

NFT Payment Protocol.

Hug Coin’s Payment Protocol 2.0 also applies to NFT Marketplace. Because NFT is an irreplaceable token, each token has a different value and is difficult to convert to work value, making it difficult for Payment solutions to support.

However, Hug Coin’s payment solution enables NFT payment by scanning the NFT’s blockchain network ledger and checking the hash value. Because NFT is a rapidly growing industry every year, demand for payment is increasing exponentially. Hug coins make NFT payments as convenient as using regular payment solutions.

Hug Coin is currently developing Payment Protocol 2.0 quickly by signing various partnerships with online and offline partners. For more information, please refer to the URL below.