HN Wallet

Welcome to the HN Wallet—the secure and easy way to manage your finances on the go.

The HN Wallet is strictly based on a deposit system, where the daily earnings of your nodes and ledgers are deposited and you can top up your wallet to pay for your use of HN services such as database storage.

With the HN Wallet, which is connected to your bank account, you can store your money, access it from anywhere in the world, and make fast transactions to other wallets or bank accounts. Additionally, users will have a user-friendly interface to view their digital assets, track transactions, and manage funds.

Users are assigned a public and private key when they create a wallet. The public key is used to receive digital assets, while the private key is used to authorize transactions and transfer funds. After creating an HN account, you will automatically receive one core wallet that can be connected to multiple sub-wallets. For further information about how the HN Wallet works, open the functional document link here.

Transaction Fees

For transactions within the HN system, the transaction fee is 0,2%; the transaction fee for external transactions is 0,4%. External wallet transactions are strictly limited to €10,- per day, per wallet. However, including your sub-wallets (maximum five), you can transfer up to €50,- per day.

Internal wallet-to-wallet transactions have no limitations.

To make transactions, first complete the know your customer (KYC) process. For transactions exceeding €1500,- per month or €5000,- per year, KYC is mandatory. This process may take up to 1–2 weeks, so we advise completing it in advance and as soon as possible.

Security

We at HN understand the importance of security when it comes to managing your finances. This is why we have implemented state-of-the-art security measures to ensure that your account and transactions are completely safe and secure.

HN is secured with military-grade encryption technology, which has never been hacked. This means that your personal and financial information is fully protected from unauthorized access or data breaches.

In addition to encryption, we also use advanced security protocols such as multifactor authentication and biometric authentication to further protect your account. This ensures that only you have access to your HN Wallet and transactions.

Furthermore, we regularly monitor our system for any suspicious activity or potential threats. Our dedicated team of security experts work around the clock to ensure that your account remains secure and protected at all times. So, you can use your HN Wallet with confidence, knowing that your finances are in good hands.

Get started with your HN Wallet now. Ready to take control of your digital assets with an HN Wallet? Sign up for your free account today and start easily managing your money.

HN Smart Contracts

HN Smart Contracts are digital agreements that execute themselves automatically, without the need for intermediaries such as banks or lawyers. They are created using code and are stored on a decentralized network of ledgers. The main purpose of smart contracts is to ensure that the terms of a contract are carried out as specified, without the need for human intervention. This reduces the risk of errors and fraud, increases efficiency, and reduces costs.

Example:
When two people want to exchange a payment, with the HN Wallet they can create a smart contract that specifies the terms of the payment, such as the amount to be paid and the conditions under which the payment will be made. Once the conditions are made, the payment is automatically executed without the need for intermediaries, such as banks or payment processors. This makes transactions faster, cheaper, more secure, and more reliable.

One of the key benefits of an HN Smart Contract is its speed. Transfers are typically processed within a matter of minutes, and the funds are immediately available to the recipient. This makes it an ideal solution for businesses and individuals who need to move money quickly and efficiently.

In addition to speed, the HN Smart Contract is also highly secure because it is based on HN’s encryption technology (i.e. all transactions are encrypted and stored on a distributed ledger). This makes it virtually impossible for anyone to tamper with a transaction or steal funds.

Overall, the HN Smart Contract is an innovative and effective way for clients to transfer money between their wallets. With its speed, security, and ease of use, it is quickly becoming a popular choice for businesses and individuals who need to move money quickly and securely.

Bank transfers have been the traditional method for transferring money for many years, but they have some disadvantages that make them less appealing than other options such as smart contracts or digital wallets.

Here are some diffrences:

HN Smart Contract	Financial Transaction
Fast processing time	Slow processing time
Fees: 0,2% internal; 0,4% external	High fees
Clear outline of conditions	Lack of transparency
Lack of errors	Risk of errors
High Security	Security risks
Accessibility around the world	Limited accesibility in certain countries
Cost-Effective	High currency exchange rates
Flexilibity: Smart contracts can be customized to meet the needs of specific transations or parties, allowing for greater flexibility and adaptability	Limited transfer options
Efficiency: Smart contracts can execute tranfers automatically and quickly	Lack of innovation
Transparency	Restriction on transfers