With the advent of blockchain technology, many people began to study and understand how much it can be useful to mankind over time. Initially, it was used for digital money to make transfers to people among themselves directly at any distance without intermediaries and in a short period of time, while remaining in complete confidentiality and at the same time following the transaction.
It also allowed many startups with ambitious and promising ideas, products, to collect from investors from anywhere in the world the necessary amount for the development of their businesses in a few days or weeks, to create strong and friendly communities, eliminated many intermediaries in the form of banking and electronic payment systems, which could easily delay transfers, block accounts, take considerable commissions.
Blockchain has significantly expanded investment tools for many people, as it easily gives the opportunity to digitize personal data of people, real estate, cars, virtual reality elements and sell them on one platform, to which anyone can join and use these products or services.
People now can and believe that they can add value to certain things together and transmit them over the Internet absolutely safely, getting rid of the risk of hacking by scammers. Interesting and profitable projects are being created, introducing blockchain technology into their infrastructure, solving the problem of access to financial services for about 2 billion people, which positively affects the development of the economy and the market as a whole.
The next stage of blockchain development was the development of smart contracts and decentralized applications. The first removed the issue of trust between people in transactions, and the second solved the problem of confidentiality and freed from the need to use the memory of their phones, servers or laptops to store medium and large amounts of information, allow many programmers to create their applications and bring them to the market honestly competing with others.
Naturally, the next stage of development involves the introduction of such technologies in many areas of people's lives, in enterprises, in shops, but with an easier, faster and more understandable installation. This goal is set by a project called Hetachain.
This company creates a more high-performance blockchain platform in comparison with existing ones, allows developing decentralized applications for its enterprises, organizations without censorship, eliminates any attempts of hacking, fraud and data loss. The number of transactions per second at first can reach up to 1000, which solves the problem of downtime.
Hetachain will be a multifunctional platform, which can be used as a private network, and larger. All transactions will be carried out using its own digital token platform called HETA coin. The project team consists of well-known people from the world of innovative technologies and it is confirmed by partnership with world venture leaders and supported by the investment company Relam Investment from Dubai.
In the current situation, when selling tokens, many projects are hard to collect 5-10 million dollars, and Hetachain only at the stage of private sales surprises with the amount of 130 million dollars. Such support will allow us to move confidently on the road map and improve their platform.
If current blockchain platforms use PoW or PoS to confirm transactions, Hetachain will apply a hybrid consensus consisting of DPO and BFT and passing a double check before writing to the common chain. The platform will consist of a store of various decentralized applications, smart contracts, users ' own wallets and tokens.
In my opinion, the blockchain Hetachain will give a new vision and understanding in the implementation of their plans and goals to many small, medium and large businesses, as it will help them to easily perform financial transactions bypassing the banking system, transfer important business data among themselves, without fear for their loss on centralized traditional servers, sell them to others, store them in more secure places, communicate directly with their customers through applications, know their desires and needs.
If you wish, you can get more interesting information on this startup at these links below:
Site https://heta.org/
Telegram https://t.me/Hetachain_Community
Twitter https://twitter.com/Heta_org
Bitcointalk ANN https://bitcointalk.org/index.php?topic=5043007.0
**Author**
- Username : erwin_ibrahim
- Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=1061924
- Ethereum : 0x347A7A7dB223A23774375EFfB6b6e96c5Ac64C1c
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