NOWpayments Integrates Hedera Token to Increase Efficiency
- HTS and HCS integration by NOWPayments.io enables quick and secure $HBAR transactions.
- HTS improves transaction efficiency by streamlining the production and maintenance of tokens.
- HCS guarantees secure transactions and verifies integrity for user confidence.
By incorporating the Hedera Token Service (HTS) and Hedera Consensus Service (HCS) into its cutting-edge platform, NOWPayments.io, a prominent cryptocurrency payment gateway, has made great strides. With the help of the HBAR native token of the Hedera network, this strategic step seeks to give users an improved transaction experience that is characterized by increased speed, decreased prices and strengthened security.
A notable innovation in transaction facilitation is provided by NOWPayments.io’s integration of the Hedera Token Service (HTS). HTS makes it possible to create and administer tokens like HBAR that are based on the Hedera network. Users given the ability to execute transactions easily, making use of the network’s fast throughput and low latency.
Users of NOWPayments.io have access to a wide variety of options and functionalities with HTS. Traditional middlemen are no longer required, which also lowers transaction costs and gets rid of pointless holdups. Additionally, HTS guarantees total transparency and immutability of transactions, fostering user trust.
Hedera Consensus Service (HCS)-Enhanced Security and Reliability
NOWPayments.io is aware of the critical nature of security and dependability when it comes to cryptocurrency transactions. The platform fortifies its infrastructure with cutting-edge consensus algorithms. That ensures the integrity of transactions by integrating the Hedera Consensus Service (HCS).
By serving as a trust layer, HCS enables users to confidently confirm the legitimacy and sequence of transactions. All transactions made through NOWPayments.io protected from fraud, tampering, and other malicious acts. By utilizing the HCS, NOWPayments.io gives its consumers access to a trusted and safe environment for cryptocurrency transactions, boosting user confidence in the service.
Read more: https://thenewscrypto.com/nowpayments-integrates-hedera-token-to-increase-efficiency/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
