Hade Pay B2C Platform to be Open Source and Combine Verifie

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Hade Pay will officially launch on Sunday, May 13. Over the next couple days we will begin offering "test Hade Pay" demos as we prepare for a month of live testing before making Hade Pay the first commercial service for business-to-consumer (B2C) digital payments. 

We recently published a Version 2 of the Hade Pay Executive Summary (page 4) that details a revised strategy to make the service open source for all businesses to accept digital currency payments via our API with a single line of code. We will still be selective with token issuing partners, and which tokens/coins we add to the Hade Pay network. However, any business will be able to securely accept digital currency payments in a Stripe-like setting as early as June. 

Hade Pay will be monetized by charging a processing fee of 0.5% of the currency used, or 0.25% in HADE token for businesses who own HADE in their wallet. All incoming HADE token from Hade Pay will be redistributed to the HadePlatform.com community via a soon-to-be-announced Hade Rewards program, that rewards content creators, engaged users, and security bounty participants with HADE token. 

Verifie put on display with Hade Pay

Hade Technologies is very quietly developing a private blockchain protocol and applications that we believe will accelerate the use of digital currency in the B2C space. 

Fact is Bitcoin was created for person-to-person payments, and Ethereum through smart contracts opened the door for startup companies to tap the B2C space with ICOs. However, the traditional B2C industry is many times larger than both person-to-person and startup financing combined, likely 1,000x larger!

For businesses to truly embrace digital currency, there must be a simple, streamlined approach that lets businesses accept digital payments and instantly recognize the transaction as a success or failure. Hade Pay accomplishes this goal, allowing online businesses to instantly unlock and deliver the services they sell with an automatically confirmed successful transaction. 

However, for businesses to fully embrace digital currency, security is equally important as simplicity. Therefore, in our first major update before making Hade Pay commercially available to all online businesses, we will incorporate parts of our private blockchain protocol, Verifie, a service that many have asked about that we have been somewhat hesitant to discuss. 

Currently, Hade Technologies is submitting necessary patent applications for both Hade Pay and Verifie, and will test the compatibility between these two services before our first major update in early June. 

Verifie will work with Hade Pay to independently verify the identity of businesses to would be customers by simultaneously confirming the owner of a Hade Pay recipient wallet address. A green check signals that consumers can safely send digital currencies to a verified wallet address, and can gain additional information on the identity of that business (or person). A red X signals the person or business is not verified and the recipient address could be fraudulent or compromised. 

We believe the combination of Verified and Hade Pay will not only lead to a greater adoption of businesses to accept digital currencies, but it will convert existing businesses that accept digital currencies who constantly fear complex hacking and security breaches that currently overwhelm the digital currency arena. 

More details still to come on the integration of Hade Pay with Verifie. Until then, Hade Pay will launch in just a few more days and will be open source for all businesses to accept online digital payments as soon as June. We plan to unveil Hade Pay and showcase its capabilities at the BCI Summit in New York at the Metropolitan Museum on June 11-13.

Comments (16)

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  • 3Kings
  • ,  Member
  • 10 May 2018, 04:05 am

What is happening.?

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    Will be checking it out....

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      Getting business on board will be challenging. IMO

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        The fact that the B2C industry is many times larger than both person-to-person and startup financing combined, that is a huge market to tap.

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          • Sammy
          • ,  Member
          • 10 May 2018, 03:05 am

          Hade Pay will only be charging a processing fee of 0.5% of the currency used, much better than 3-5%.

             0   Reply (0)   Follow(1951)  

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            Hi, What is Verifie?

               0   Reply (0)   Follow(1951)  

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              • Tito
              • ,  Member
              • 10 May 2018, 03:05 am

              unveiling Hade Pay at the BCI Summit-way cool

                 0   Reply (1)   Follow(1951)  

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                I agree

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                  Is there some marketing planned for hade pay besides the BCI Summit.

                     0   Reply (1)   Follow(1951)  

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                    Of course.

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                      • Jesse
                      • ,  Member
                      • 10 May 2018, 03:05 am

                      more and more business accept digital currency every day, this is a great idea.

                         0   Reply (0)   Follow(1951)  

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                        Having Mark Lynd on your team is a great asset.

                           0   Reply (0)   Follow(1951)  

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                          Hade Pay being the first commercial service for business-to-consumer (B2C) digital payments, is quite an achievement.

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                            It’s going to be a great year for Hade and investors. Buckle in folks, it’s going to be a wild one.

                               0   Reply (0)   Follow(1951)  

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                              This is good substitute for credit card merchants that charge like 3% to 5% for transactions.

                                 0   Reply (0)   Follow(1951)  

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                                This is good substitute for credit card merchants that charge like 3% to 5% for transactions.

                                   0   Reply (0)   Follow(1951)