Blockchain Strategy - Hypergiant

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THE FUTURE OF THE WEB IS NOT CENTRALIZED BUT DISTRIBUTED

Blockchain technology not only changes the framework of banking and commerce, it is the potential behind Machine Intelligence rocketing us to the next Technological Revolution. Blockchain is the solution restoring integrity, security, and trust in our society.

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“In this new paradigm, building solutions that address real business needs is more important than ever. The brittleness of the steam engine or the properties of electricity [or centralized systems and organizations] meant that we were only able to adapt the solution to the constraints of the technology.” - Ben Lamm, Welcome to the Fourth Industrial Revolution

Hyper
Giant

WHAT IS BLOCKCHAIN


A blockchain is a highly encrypted list (chain) of records (blocks) that serve as a public (distributed) digital ledger that records and validates online transactions and events between permitted people in a secure network.


BLOCKCHAIN STRATEGY
  • DISTRIBUTED LEDGER

    The primary benefit of blockchain technology is that it ensures information transparency and transaction integrity as a digital ledger that makes every record visible to permitted people in the network.

  • UNIQUE BLOCKS

    A network of linked records is a blockchain. Each block within the chain contains a unique header, timestamp, hash (ID), transaction data, and a link to the previous block that contains the hash.

  • CRYPTOGRAPHY

    Because each block contains a timestamp, hash, and the hash from the previous block, modifying a block is highly improbable since all historical blocks in the chain would need to be modified.

BLOCKCHAIN APPLICATIONS

CRYPTOCURRENCY

  • DECENTRALIZED BANKING EQUALS TRANSPARENCY—
    No more back-door deals made by banks with your money. Every transaction for every currency unit is tracked and made visible to all members within that network, leaving an unhackable, unalterable digital trail.

DECENTRALIZED NOTARY

  • DIGITAL NOTARIZATION IS MORE TRUSTED AND RELIABLE—
    A subscriber pays a decentralized notary service (i.e. Proof of Existence) to submit an official document to the network. The hash and timestamp assigned to the block serve as the validated notarization.

DIGITAL IDENTIFICATION

  • UNIVERSAL IDENTIFICATION EXTINGUISHES THE DARK WEB—
    Each permitted person in a blockchain network is assigned one unique ID to use for every online login, event, and transaction—eliminating the need for hard-copy IDs and preventing online security breaches.

DIGITAL STORAGE

  • DECENTRALIZED CLOUD STORAGE RESTORES USER CONTROL—
    People offer their extra server space to a brokering company (i.e. Storj or Sia) for cryptocurrency. The company fragments and encrypts customers’ files and distributes the data across the available server space.

DIGITAL VOTING

  • BLOCKCHAIN ERADICATES VOTER FRAUD—
    Each vote (block) is traced to a voter’s unique, validated ID and contains its own unique, validated hash. No one can vote twice, miscount, misreport, or vote for anyone else.

MACHINE INTELLIGENCE

  • DISTRIBUTED INTELLIGENCE BOOSTS PROCESSING POWER—
    Big data is the driver of Machine Intelligence. Processing big data in a distributed network ensures the highest data encryption, security of proprietary technologies, and high-powered, rapid processing.

SMART CONTRACTS

  • BLOCKCHAIN ENFORCES CONTRACTS AND REDUCES LOOPHOLES—
    Contract information is digitized, and the digital contract executes contract obligations automatically (a.k.a. self-executing contract)—recording and validating every dollar and contractual milestone.
Machine Intelligence Techniques