What is Hadara?

Hadaradefi
5 min readOct 12, 2020

The future of payments has arrived. Hadara Cryptocurrency is a new player in the field of economics. It is a very unique concept that has the power to revolutionize payment all around the world.

Most people use credit and debit cards to make online purchases. Some people use net-banking (if a gateway is available). However, only 2 million people use cryptocurrency as a favoured method of payment — and I say “only” because 2 million is nothing compared to the population of the world. It’s less than 1 percent, and Hadara will change all of that.

Why the need for a new platform?

Simply put, people look upon cryptocurrency as a very costly, technical and unstable investment. In a survey conducted by an anonymous research organization based in the United States, almost 71% of people admitted that they had no inkling of what “buying and selling crypto” entailed. Clearly, ignorance is bliss.

Considering the massive advantages cryptocurrency has over other forms of payments, we at Hadara think that it should be possible for everyone to pay with cryptocurrency. Even if the concept itself deals with pieces of code rather than hard cash, the money you’ve spent buying the code is very real. We respect that.

So how does it work?

Hadara Crypto is the middleman of the economics world. Want to pay your landlord, who’s stubbornly insisting on “safe” methods of payment like PayPal (yeah, good one) or credit cards? No fear. With Hadara’s secure payment system, you can pay your rent without liquidating any of your cryptocurrency assets.

You pay us in the cryptocurrency of your choice, we pay your lender/service/friends in the method they choose (mobile wallets, net banking or even another cryptocurrency). You get your product, the retailer got his money, we got our commission and everybody is happy.

How do I benefit?

For starters, we know how much people love window shopping. Don’t deny it; at some point of time, we’ve all Googled a product we wanted to buy and then wished for it to be cheaper, because your credit card doesn’t take on such big transactions.

Those days are behind you with Hadara. Our payment system caters for businesses, job boards, retailers, wholesalers and the common man alike. Window shoppers will be able to buy products without their credit card, instead choosing the smarter way to pay — cryptocurrency.

Hadara is quite literally a lifeline for the people who wished they could buy medicine, toiletries and grocery with cryptocurrency. Making it possible!

Other benefits

Almost 3 billion people have access to a credit card. That’s around fifty percent of the population of the planet.

Credit cards are popular, we get it. But sometimes that client stiffs you. Or the firm is dissolved. Or the money isn’t there, and the bill from the bank is.

And that reveals the sad truth — 18% of people who use credit cards have a low credit score or a mortgaged property when it comes to paying the bills. However, all is not lost. If you have any assets in cryptocurrency, we can help you out.

Who’s the main guy behind this?

Hadara is the brainchild of six entrepreneurs from around the world who had a burning desire to make a difference. They have a dream: to make traditional forms of payment obsolete one day — the day the world is ruled by cryptocurrency.

We’ve set out to do just that. To quote a famous song, we may only have one match; But we’ll make an explosion.

We’re ambitious, we know. But it’s good to be ambitious.

We’re the best team there is. And we don’t work for money. We work for our dreams.

Is this safe?

The short answer: Yes.

Hadara has a two-fold layer of security. The first layer is your login credentials, which are required every time you open the app or the website. We automatically add another layer of security by two-factor authentication. We want people to feel comfortable about using the platform, and we strive to secure your money.

The second layer of security is the anonymous nature of cryptocurrency. True, the global blockchain is visible to everyone in the world. But no one knows who paid that 1.242 BTC to whom.

While payment, the sender’s address is visible to us. However, we guarantee that your addresses will remain safe in our database. If you’d like us not to store your wallet addresses for easier payment, just let us know. You’re in control.

What’s in it for the common man?

Hadara’s mobile app makes it easy for you to pay anyone. Just scan the receiver’s QR code, and pay directly from the app. It will then be converted to the desired cryptocurrency/fiat/web money/asset and received by the retailer.

QR codes can literally be stuck anywhere. They can be printed and stuck to walls, they can be added to images and sent over social media.

This makes it convenient for anyone to pay with cryptocurrency, for a product of their choice, at any time and any place (no, we aren’t paying for your internet. Get your own internet).

So why isn’t Hadara free? Why the commission?

Because dreams don’t pay the bills. We’re still working on the platform itself, and that takes a ton of effort — but it doesn’t end there. When the tax collector and the banks come knocking, we have to hand over the moolah too.

We’re just like any other team. We began small. We don’t sit in a mansion and lie around the whole day. Come to think of it, we don’t even have a dedicated office yet.

We’re working to make cryptocurrency a reality instead of a vision. And hey, what’s a 2% fee anyway? PayPal charges 4%, traditional credit cards charge 5%.

2% sounding pretty good now, huh?

What else is in the pipeline?

Coming soon after our payment platform’s global release, we’re working to make a wallet which will be integrated with our gateway. You can choose to store your cryptocurrency in this wallet, and thus make payments even easier to make.

Just tap on “Pay with Hadara” on devices with registered IDs– and pay directly from our wallet. There’s no need to even switch apps! We want to make transacting a better experience, both for the seller and the buyer.

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