About HetaChain
Blockchain platforms have exploded in popularity over recent years – but how many are solutions that don’t work, for problems that don’t exist?
Instead of focusing on technology, we asked our business partners about the challenges they face. Then we surveyed the state of the art in blockchain and chose the solutions that best addressed those challenges.
The result is HetaChain: a blockchain with broad applications across government, business, and communities.
Scalable
one-block at one moment, the info stored onto a block-chain develops without a upper jump to document measurement. We employ unwanted chains and relations with 3rd-party offchain databases, so and so businesses could take care of the magnitude of these ledger.
Secure
Only Hetachain’s main network is necessarily public. Our side chains can be either public or private, ensuring data is kept confidential when the need arises.
Flexible
Distributed applications built on Hetachain can be frozen or updated with our flexible role-based permission system, making it easier to develop for our platform. Dapps can be distributed in our Dapp Store, or quickly put together using our drag-and-drop Dapp Builder.
Fast
We use a Byzantine fault tolerant, delegated proof of stake (DPoS+BFT) consensus model to provide a high number of transactions per second without compromising security. We plan to have a limit of 33 delegate nodes to keep consensus time low.
Understanding Problems Before Building Solutions
Many blockchain projects promise to ‘revolutionize’ or ‘disrupt’ industries with new, yet to be developed technologies. This is the last thing we want to do!
At Hetachain, we’ve focused first on building a network of businesses willing to adopt blockchain technologies. Then we asked them what features it would need to have, and assembled the best set of currently existing technologies that provide those features. We want evolution, not revolution.
Heta Protocol
A Multichain Platform
Hetachain’s sidechains allow you to easily deploy an enterprise blockchain, hosted however and wherever you want.
Our Bridge Protocol allows you to securely submit data to the main chain for verification, paying HETA tokens for this service.
In practice, this allows you to move your application to its own blockchain so it benefits from the full speed of the network, without sharing resources with other applications. At the same time, you benefit from the immutability and infrastructure our public Main Net provides.
Our main network will be able to run smart contracts written in C++, Solidity and others. This means there is already an established community of developers and documentation to get started building your application.
Global Network
Through our strategic partnerships with investment companies, we’ve inherited relationships with their subsidiaries. This is an opportunity to build a platform that spans multiple industry verticals including government, retail, payment, insurance, F&B, and real estate.
Business Optimization
By tapping the expertise of our global network, we will build a blockchain platform that provides a rich set of solutions that apply to a wide variety of businesses.
Partnerships
Our network across multiple industries provides us with committed early adopters of our platform, solving the chicken-and-egg problem in platform development. In other words, we’ve already attained the critical mass required for a strong business ecosystem on Hetachain
HETA Token
HETA is the native token of the HetaChain Main Network. All network usage fees are paid in HETA.
Transaction fees on Hetachain are paid when sending HETA, when sidechain data needs to be validated by the main network, or when smart contracts need to be called on the main network.
HETA is received by users if they participate in the consensus or validation process of either the Main Network or one of the sidechains. These processes are distinct due to our use of delegated proof of stake.
The fees and reward for validation will depend on the amount of processing required, to ensure all sidechains can obtain fair use of the main network.
Roadmap
Q1 & Q2/2018
Design HetaChain architecture ,Draft HetaChain whitepaper
Q2 & Q3/2018
Testnet development ,Block Explorer development Wallet MVP HetaChain ICO private sale
Q4/2018
Revised Whitepaper ,Block explorer public demo Testnet complete Side chain development HetaChain ICO public sale
Q1/2019
Test net public launch Web portal public release Dapp development (for Dapp Store) Smart contract development Wallet update (multi token support) Listing HETA token on exchange
Q2/2019
Launch Dapp Store Drag and drop Dapp Creator HETA transaction fee calculator Block explorer (update) Mainnet complete
Q3/2019
Side chain development complete HetaChain Mainnet public launch
Team
Co-founding Board
Mr. Sultan Ali Lootah - Co-founder, Chairman & CEO
Mr. Duy Phuong Nguyen - Co-founder, Vice-Chairman & COO
Mr. Abdulla Ali Lootah - Co-founder
Mr. Hong Phuc Do - Co-founder & CSO
Mr. Mohammad Ahli - Co-founder
Mr. Ali Juma Alajme - Co-founder
Mr. Rajesh Gunani - Co-founder
Mr. Nagesh Ananth Prabhu - Co-founder & CTO
Mr. Abdullah Al Dabbous - Co-founder
Mr. Mohammed AlNakhi - Co-founder
Mr. Norman Khan - Co-founder
Details Information :
Website : https://heta.org/
Whitepaper : https://heta.org/docs/HetaChain_whitepaper_en-ver-1.0.pdf
Telegram : https://t.me/Hetachain_Community
Medium : https://medium.com/@hetachain_blog
Linkedin : https://www.linkedin.com/company/hetachain-network/
Facebook : https://www.facebook.com/hetachainofficial
Twitter : https://twitter.com/Heta_org
Username : Ta.Form
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1109350
Eth : 0x039D32bC40eC50E659885199C8bF29eC9d86026B