Hetachain ICO Review

in #blockchain6 years ago


No matter how innovative a technological invention could be, the overall important of it is how useful and applicable it is in problems and making life more easier for all and sundry. We should be able to apply the technology to make life easier for all. We have witnessed many ground breaking innovations right from the stone age and most of these innovative inventions and applications has contributed their own quota in making this world a better place.

Almost everyone in the world who have accessed to the Internet have heard or read about blockchain technology, but the question we should ask ourselves is how effective can we use in enterprise applications. There are many blockchain protocols already and many are still springing up but most of these generation of blockchains are inefficient in enterprise applications due to many complexities like low transaction speed, high cost of transaction, anonymous environment and high technical difficulty. All these complexities make existing blockchain protocol ineffective for enterprise applications and mass adoption.

Hetachain is here which is the third generation of blockchain to solve all the complexities of first generation and second generation protocol which make them to be inefficient in enterprise and real-world applications. With Hetachain blockchain 3.0 platform, government, businesses and organisations will be able to effectively build decentralized applications (Dapps) and apply the Dapps into real life enterprises like banking industry, IoT industry, Robotic industry, Healthcare industry, E-commerce and many more.

Hetachain is a multichannel blockchain with a capacity of both public and private chains which is highly effective for business management and transaction management that is built for enterprise level computational needs thereby being efficient for commercial applications and economic events.

The Heta Protocol which is a multichain platform makes communication between private and main chain possible in the Heta blockchain system, the platform provide Bridge Protocol which is built towards helping private chains summit their data to main chain for validation. Private chain will need to pay an amount of HETA coins in order to issue transactions. This fee is directly proportional to volume of usage.

Privacy and trust are one of the unique features of Hetachain blockchain. With the creation of public and private chain, Hetachain assume the position of protecting the privacy of users transactions while showing publicly on public records of the public chain, thereby making the platform good for business and social interaction.

By being able to provide a smart, highly scalable and low cost platform for the creation of different types personal and enterprise decentralized application, Hetachain has fully positioned itself as the blockchain cement for the creation of smart modern cities.

Intelligent interactions between components of industry can be accessed, shared and edited easily on Hetachain blockchain through smart subscriptions of citizens, jobs, property, businesses, medical records e.t.c.

Hetachain will be able to solve the issue of of origin by a decentralized, distributed ledger, by making sure that the supply chain management is monitored closely to remove waste while protecting right to intellectual properties.

Hetacoin - HETA

HetaCoin is an internal crypto-currency to use inside MainChain. HetaCoin is used by enterprise or user who using Heta Blockchain Service to pay for usage fee. When a user creates a transaction to exchange their coins or token made by Heta, he must pay a pre-set amount of HetaCoin. This compulsory fee is what makes HetaCoin has real value to the system. It also prevents merchants to flood the network with unlimited micro transactions.

Whenever a user participates in the consensus or validation process of a PrivateChain or MainChain, he will be rewarded with a certain amount of HetaCoin. This is also called Endorsing Reward. The rate of consensus reward depends on how much effort the participant spends in the process.

Token Distribution

Hetachain Team

Advisory Board

For more information, please visit any of the following links below:

Website: https://www.heta.org/

Reddit: https://www.reddit.com/user/hetachain

Facebook: https://www.facebook.com/hetachain

Twitter: https://twitter.com/hetachain

Medium: https://medium.com/@hetachain_blog

Youtube Channel: https://www.youtube.com/channel/UCZegFJGiQVWFUWEuKuVcceQ

Linkedin: https://www.linkedin.com/company/hetachain-network/

Telegram: https://t.me/hetachain

Writer's Details
Bitcointalk Username: Adebits
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1249179
0xCadEB66B39cEeCc12630f85a0739De723bbDB5Ab

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