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Description
Hermez is an innovative open-source ZK-Rollup designed to facilitate secure, economical, and user-friendly token transfers within the Ethereum network. It effortlessly integrates with the Ethereum ecosystem, promoting affordable token transactions to foster an inclusive economic environment. The platform offers cost-effective token transfers and exchanges, boasting impressive throughput capabilities. Built on a decentralized and open-source framework, it ensures computational integrity for safe transactions. By leveraging zero-knowledge technology, Hermez significantly lowers transfer fees, making financial services more accessible and paving the way for mainstream adoption. The integrity of computations and the availability of on-chain data are upheld through zero-knowledge-proof technology, while still maintaining the fundamental public blockchain characteristics of Ethereum. Hermez aims to establish a resilient and highly efficient payment network that supports the next generation of digital currencies, ensuring that everyone has the freedom to engage in transactions. Through its commitment to accessibility and efficiency, Hermez is set to revolutionize the way we perceive and execute financial transactions in the digital age.
Description
Introducing the pioneering open-source platform designed for seamless interoperability within a real-time payment network. Our mission is to facilitate affordable digital payment solutions for banks, businesses, governments, and individuals globally. For further insights into our work, visit Mojaloop.io. Many unbanked individuals often depend on low-value, high-volume transactions, which generally do not appeal to traditional banks as potential clients. Mojaloop stands out as a secure open-source solution that fosters interoperability among various Digital Service Providers (DSPs) and their customers. With its specially designed reference architecture reflecting the principles of the level one project, Mojaloop offers a budget-friendly option for managing real-time payments and settlements. Payment hub operators can utilize this technology to introduce transformative and inclusive financial services within their communities. This platform is accessible to any licensed Digital Financial Service Provider (DFSP) in the country, including both banks and approved non-bank entities, expanding financial access for everyone. Ultimately, Mojaloop is positioned to enhance financial inclusion and drive economic growth across underserved populations.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Hermez
Founded
2020
Website
hermez.io
Vendor Details
Company Name
Modusbox
Country
United States
Website
modusbox.com/mojaloop/
Product Features
Product Features
Payment Processing
ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture