Description
HAZZA is a decentralized global unified payments network that aims to transform and democratize the current payment system through the use of blockchain technology. By leveraging a shared, distributed, and immutable ledger, HAZZA intends to reduce the cost and complexity of the current payment ecosystem, which is fragmented and full of intermediaries. The project's website emphasizes the goal to make payment transactions faster, cheaper, and more secure for both merchants and consumers around the world. HAZZA plans to achieve this through the establishment of an open-access network that will allow participants, including merchants, consumers, payment networks, and financial institutions, to interact directly, thereby removing the need for costly intermediaries. This open and collaborative approach is designed to support a wide variety of payments – from card payments to direct bank transfers and new cryptocurrencies. HAZZA's use of blockchain technology ensures high security and transparency, with transactions recorded immutably and in real-time. While the website provides a vision of the project's intentions, specific details on the current status of the project's development,...
HAZZA is a decentralized global unified payments network that aims to transform and democratize the current payment system through the use of blockchain technology. By leveraging a shared, distributed, and immutable ledger, HAZZA intends to reduce the cost and complexity of the current payment ecosystem, which is fragmented and full of intermediaries. The project's website emphasizes the goal to make payment transactions faster, cheaper, and more secure for both merchants and consumers around the world. HAZZA plans to achieve this through the establishment of an open-access network that will allow participants, including merchants, consumers, payment networks, and financial institutions, to interact directly, thereby removing the need for costly intermediaries. This open and collaborative approach is designed to support a wide variety of payments – from card payments to direct bank transfers and new cryptocurrencies. HAZZA's use of blockchain technology ensures high security and transparency, with transactions recorded immutably and in real-time. While the website provides a vision of the project's intentions, specific details on the current status of the project's development,...
