The FinTech market in Singapore is ever-growing with the start-ups directing their attention to particularly chosen segments of the financial value chain. Their aim is to simplify and replace traditional bank business models by offering alternative platforms to carry out processes such as settling payments, and remittances. And they are eyeing blockchain technology as the quickest way to materialize this. The Partner Program by HashCash Consultants will allow such companies to speed up the process of setting up an up-to-date and high-performing infrastructure by extending their expertise and widely-implemented product line to their collaborators.
Digital Payments make up the market’s largest segment and have a total transaction value of US$12,309m this year. It is expected to rise at an annual growth rate (CAGR 2019-2023) of 11.7% which would total to US$19,192m by 2023. Raj Chowdhury, MD of HashCash Consultants, says, “The aim of the Partner Program is to enable simplified access for end users through the internet or mobile apps, reduce costs, and expedite automated processes. Blockchain will bring in better convenience, transparency and facilitate optimal use of network effects.”
Collaborators are provided multiple options for partnerships by HashCash:
The requirements of startups are anything but homogeneous. Keeping this in mind, HashCash offers a range of options to choose from, starting with:
1. Reseller Programs – Companies can become a Channel Partner using the Reseller Programand access the services of a pre-sales support team, utilize the blockchain company’s reputation to onboard clients, and make the most of the complete marketing and sales material of HashCash.
Additionally, the partner company can leverage the HashCash brand name, and with every client referred by them, they could earn up to 15% of lifetime revenue in commissions.
2. Preferred Integration Partner (PIP) – Collaborators can stand out as an expert in leading HashCash blockchain solutions by implementing HashCash products at enterprises across the globe and maximize sales.
Experienced professionals would train Preferred Integration Partners in sales, development, implementation, or support of a HashCash solution and track progress toward Specialization. The benefits extend to include access to software and support, and opportunities to embed, migrate and integrate with sophisticated technologies.
3. Blockchain Education Partner – Collaborators can choose to avail assistance to curate a blockchain-centric curriculum for the student community. Fundamentals of Blockchain, Initial Coin Offerings, Investing in Crypto-Indicators, Creating a blockchain consortium, and Cryptocurrency Markets and Business Models, are some of the areas that will be covered in details.
4. DApps Development Platform – Mobile wallets, banking tools, smart devices with automatic payment systems are just some of the products that can be built on HC Net using HC Net Core and HC Aurora APIs. The HC Net Core software validates and agrees with other instances of Core on the status of every transaction through the Federated Byzantine Agreement (FBA). The transactions will be carried out with HCX, which is the native digital asset of HC Net and settles payments in a turn-around time of just 2-4 seconds.
Each transaction on the network costs a paltry 100 Jots (0.00001 HCX) to prevent spams. To help test the tools and applications, HCNet.org operates a small test network and Aurora instance.
Advantages of the Partner Ecosystem at HashCash:
Participating in the innovative environment of the partnership ecosystem of HashCash opens up avenues to diversify businesses and connect with an extensive customer base. The Hashcash Partner Network also serves as a gateway to the most comprehensive technology products and service portfolio in the blockchain space. And, with the rapid switching of traditional business models across industries to decentralization and automation, the Partner Program by HashCash is turning out to be a valuable platform for success.
About HashCash Consultants:
HashCash Consultants started as a Blockchain Consulting Company in California. Today, HashCash products enable enterprises to move assets and settle payments across borders in real-time using HashCash Blockchain network, HC NET. Financial Institutions use HC NET for Retail Remittances, Corporate Payments, Trade Finance, and Payment Processing. HashCash also runs the US-based cryptocurrency exchange, PayBito and the leading Cryptocurrency payment processor, BillBitcoins.
HashCash offers cryptocurrency exchange and payment processor white label solutions, comprehensive ICO services and customized use case design and development. HashCash propels advancement in the field of blockchain through the Blockchain1o1 program and its investment arm Satoshi Angels.