So, in the previous part, I told you about the real-life product of the Helbiz team.
Now, I'm going to tell you about crypto-part of Helbiz — Helbiz Pay — it is a cryptocurrency payment system, that allows users create, store, transmit currency between individuals and locations, buy and sell currency.
HBZ coin — is the main token of Helbiz Pay, which now is realized at ERC-20 format. A little later I will tell about private Helbiz blockchain is developing now.
Helbiz Pay is operated by other company that Helbiz Inc..
I know what you want to say: why there are two companies?
It should be clear to everyone that Helbiz & HBZ are deeply connected, and any growth to either highly benefits both. Questioning the relationship is ignorant, but a clear separations of the legal entities and actions of each is essential in order to build and scale a real business operating in the public directly in 2019 while dealing with insurance, governments, licenses, banks and personal liability.
Here's video from Helbiz strategic session about Helbiz Pay from 5:42 minute