HIGH PERFORMANCE BLOCK CHAIN WHITE PAPER; ITS DETAILS AND SUMMARY.

HIGH PERFORMANCE BLOCK CHAIN WHITE PAPER; ITS DETAILS AND SUMMARY.
Description:
High performance block chain is a new kind of block chain hardware and software architecture, which includes a chip acceleration engine and the block chain platform, aiming to realizing the performance extension of distributed applications. High Performance Block Chain which is abbreviated as HPB is the world’s first platform to provide accelerated hardware chips. The Block Chain is a software system integrated with hardware acceleration engine. This allows for blazing fast transaction speed on the block chain, which can support up to millions of transactions per second.
High Performance Block Chain is in the top ten of all crptos right now in terms of the importance of their partnerships. They are literally going to run both the ETH virtual machine as well as the NEO virtual machine. Just to say, in all likelihood, they will run every Virtual machine for dapps.
Partners of High Performance Block Chain
HPB is already in partnership with the Union pay, which happened to monitor of over 80% of all of China’s financial transactional data. Because Union pay is much bigger than VISA in China, it made them to be in a massive partnerships with the High Performance Block Chain. These partnership that stands as a major partners in the High Performance Block Chain known as Union Pay is very huge. They do 80% of all Chinese transaction data, which equals out to turnover of $ 12.5 Trillion per year. To show that Union Pay is huge, High Performing Block Chain have no issues making further partnerships after partnering with Union Pay, though it was later changed.
At the same time, High Performance Block Chain is also in partnership with NEO, and it will eventually be the first Block Chain in the industry to support Neovm, that is NEO virtual machine. New virtual machine at the other side assisted High Performance Block Chain to launch an AMA with NEO’s community. The new virtual machine serves as a China’s largest news source for cryptocurrency information along side with 8btc which is also an angel investor. NEO, that is formerly addressed to as Antshares, can be best describe as the Chinese answer to both Britain and Ethereum. While there are plenty of Satoshi- that is based coins that take on a Chinese, specific tone, none have really made waves in the same way that NEO has over the past several months since its rebranding. The high Performance Block Chain uses NED in the same way that Aragon and other ICOs we have seen on Ethereum use Ethereum for token issuance, beyond that usefulness, it is its own software.
Another Block Chain project which is officially partnered with HPB is CPChain. Alongside HPB, the other partners in the field are Vechain, Qtum and ETP Metaverse. The CPChain is an loT platform using Block Chain Technology in providing the data acquisition, storage, sharing and data value maximization acquired from loT sources. The loT is an Ecosystem managing large amounts of data, and at the same time makes high TPS and low transaction latency which is important in explaining the CPChain partnership with HPB.
Founder of High Performance Block Chain
Wang Xiao Ming is the founder and CEO of High Performance Block Chain, that is to say that he is the brain behind the formation of these Block Chain known today as High Performance Block Chain. He is a well respected Block Chain expert in the whole of China. He has published multiple books as Block Chain technology.
Teams of High Performance Block Chain
The High Performance Block Chain has a team of specialized team workers known as Chip R & D team coiled from Huawei and Intel experts. HPB is always backed up by the former of OKEX and Huobi executives, and by a noble prize winning physicist.
Further Explanations
The High Performance Block Chain seeks to make Block Chain integration for real world businesses easier through the introduction of an application programming interface. While this is the idea of New Virtual Machine at its core, in the same way, that Aragon seeks to make Ethereum integration easier, HPB can make NEO integration easier.
High Performance Block Chain is truly one of the most innovative projects in all of the crpto. It is going to be the world’s first company to combine software with accelerated hardware to significantly improve case of use and speed of data transfer on block Chains. They usually do a 1,000,000 plus transactions per second which will allow for Block Chain Technology to truly reach global mass adoption. HPB is going to be the world’s first company to combine software with an accelerated hardware to significantly improve ease of use and speed of data transfer on Block Chains.
Investors And Advisors Of High Performance Block Chain
The High Performance Block Chain has advisors and investors which some of them from the Advisors side includes; the executive president of Union pay, who was a noble prize winner physicist, and the president of the very successful Danfang Fuhua Fund; the Investors in HPB on the other side are as follows: NEO, time Stamp Capital – this Time Stamp Capital stand as the major Chinese investment, Lei Zhen – who happened to be the founder of Okcoin and 8BTC- of which this last investor stand as the largest cryptocurrency Chinese News Provider and more.
The High Performance Block Chain meeting place which generally known as market is a combination of a massive companies and industry lesser that use large amounts of data. They have Baidu, Tencent, Alibaba and Union pay as their white paper. Because there are multiple advisors that have served in a prestigious roles at Union Pay, Union Pay is listed as a partner in the white paper though a formal confirmation of this partnership does not exist. Baidu serves as a Chinese google. It is the fourth most visited site in the world after google, you-tube and face book. Union Pay has more transactions than master card and Visa combined.
RELEVANCE OF HIGH PERFORMANCE BLOCK CHAIN AND ITS SUMMARY.
High Performance Block Chain is very essential because of the following points below
High Performance Block Chain is crucial because of its common goal which is its technological practice and exploration of financial big data, high Performance block chain platform brings its partnership with the Union Pay which serves as a China’s largest financial data company.
It has been the marketing agent in market cap in the whole of Asia countries, and at the same time, it has been trying to make a relevance in the western world which when it happens, the market cap of High Performance Block Chain can be increase when EOS has a market cap at $ 8 618 335 219 usd.
High Performance Block Chain has been considered to be a very safe long term Bet because it can now be compared to investing in NEO at ten dollars all over again, with being partnered up with huge companies like Union Pay, Tencent –which has been the face book of China, Alibaba and the NEO platform.
Another reason why High Performance Block Chain is very relevant now unlike before is because of a massive increase I price throughout, the massive increase is because of it is only listed on a very few exchanges like Allcoin and Bibox, but it is already listed on Kucoin on 5th of Feb, 2018 and it will definitely be listed on a whole lot of other exchanges as well.
High Performance Block Chain is also important because it aims at solving the scaling issues that many current Block Chains platforms face today. The scaling issues ranges from Low TPS which stand as the Low Transactions Per Second, to a Long Confirmation times which in some occasions can be referred to as LATENCY. The Latency implies that the impeding crypto adoption from businesses which process millions of active users per day and large amounts of data. For the fact that High Performance Block Chain is fast enough to quickly handle the amount of data which is very crucial for BAAS, the BAAS stand for Block Chain –as-a-service, systems to avoid problems. In the future that data will come from a vast number of sources such as loT trackers and sensors from smart- fridges, smart – cars and other objects.
High Performance Block Chains reduces the risks of having a congested network and decreases the confirmation time even when there is a high traffic on the network as it has happened with the Ethereum Crytokities Saga and Bitcoin cash “flippering” Fud. It will provide a scaring solution by developing a software and hardware architecture. It also target in solving the problem of real business’s needs by creating a platform for high frequency needs such as the loT system, needing billions of end –points, requiring millions of transactions per seconds and which cannot be hosted on centralized servers
It is important also because its team has demonstrated that it is actively developing the project and moving forward in a space where many projects are promising mountains and marvels without showing anything in either the hardware or protocol side by building and presenting a prototype of the acceleration chips at the China semi-conductor Association IC Design innovation summit. During the first quarter, the test net is set to be released where in the second quarter it will see the release of the HPB mainnet.
HIGH PERFORMANCE BLOCK CHAIN AND ITS ECONOMIC MODEL
The High Performance Block Chain uses TOKEN as its origin to the Ecosystem and it is required to use the network as all the accounts on the site will have to finance their wallet with a minimum token amount in order to cover the costs of storing the data on the wallet.
It uses a delegated proof of stake (DPOS) mechanism through which token holders are able to cast to appoint new Block Chain Builders. It also enables smaller stakeholders to benefit from the system by making their choice of ‘WITNESS’ –(which the Builders created) through voting and then rewarded for staking their HPB.