Hermez Network company info

What does Hermez Network do?
Hermez Network (CRYPTO:HEZ) is a decentralized zk-rollup on Ethereum that enables fast, low-cost, and secure transactions. Hermez uses zero-knowledge proofs to batch transactions off-chain, which significantly reduces the cost and time to complete transactions. Hermez is working on a number of projects to improve the network, including developing a mobile wallet, launching new features such as cross-chain transactions and margin trading, and expanding the network to support more Ethereum tokens. Hermez aims to make Ethereum more scalable, accessible, and user-friendly. Hermez is committed to providing a platform where everyone can participate in the Ethereum ecosystem without having to worry about high fees or slow transaction times.
Hermez Network company media
Company Snapshot

How many people does Hermez Network employ?

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Employees
101-200

What is the market cap for Hermez Network?

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Market Cap
$19.14M

Where is the head office for Hermez Network?

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Head Office
Paris, France

What year was Hermez Network founded?

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Year Founded
2019
What does Hermez Network specialise in?
/Scaling /Zero Knowledge Proofs

What are the products and/or services of Hermez Network?

Overview of Hermez Network offerings
Decentralized governance: HEZ token holders can participate in the governance of the Hermez Network by voting on proposals that affect the network.
Fast, low-cost transactions: Hermez users can send and receive Ethereum tokens quickly and cheaply, without having to pay high gas fees.
Mobile wallet: Hermez is developing a mobile wallet that will make it easier for users to send and receive Ethereum tokens on the Hermez Network.
New features: Hermez is working on launching new features such as cross-chain transactions and margin trading.
Secure transactions: Hermez uses zero-knowledge proofs to ensure that all transactions are secure and tamper-proof.
Staking: HEZ token holders can stake their tokens to earn rewards and help secure the Hermez Network.