Blockchain Technology As Innovation & A New Paradigm In Business

Words
665 (1 page)
Downloads
77
Download for Free
Important: This sample is for inspiration and reference only

Table of contents

The advent of the blockchain technology brought innovation and a new paradigm to the way we transact business, offering security, transparency, scalability and decentralization of the digital technology, and has fashioned a remarkable cutting-edge infrastructure housing a new brand of network. However, with its efficiency, a lot is still desired to address critical issues that have to do with some aspects of this technology to fully explore and harness the inherent potentials, advance the quality of facilities and services and further add to the growth of crypto and blockchain based marketplace to stimulate the commercialization of the technology of block and most importantly entrench rare features like the chip acceleration instrument that will provide a better dimension to scalability, impetus to swiftness, security and take decentralization to a whole new height among others.

Perhaps we need not search any longer as this is the value proposition the High-Performance Blockchain infrastructure is bringing to the front burner. Basically, it is a project proposing new scalability solutions to provide answers to diverse challenges in the space, harnessing the inherent potentials of the network by promoting the commercialization of blockchain technology to reach never before seen heights. The High-Performance Blockchain solution is about the most remarkable crypto world development project presently, so innovative that the developers have conceptualized the platform to syndicate the accelerated hardware with software to bring about top-notch functionality, expansion, to seamlessly facilitate the rapidity of data transmission and the right of entry on the infrastructure.

WHAT MAKES High Performance Blockchain Top-Notch

As a platform that is poised to entrench an innovative methodology to provide critical solutions, Higher Performance Blockchain accomplishes this by integrating hardware with software, this is legendary as it is the first time this has happened in the comity of blockchain network. Through an out-and-out custom network card referred to as, (TOE) -TCP/IP Offload Engine this is employed as a key accelerator that facilitates, Parallel processing tasks, High simultaneous & ratification within seconds, paves way for over a million dealings in a matter of a second and permits the three second block time

HPB on a daily basis has continued to notch-up more adoptions and this is making the market huge with seamless penetration. Unlike other platforms, the Higher Performance Blockchain has put in place a system that provides scalability solution that translates to the ability to swiftly address users plights.

The High Performance Blockchain HPB is an extraordinary and dynamically driven blockchain based parallel processing. Trusted experts in the digital space refer to it as “the Chinese EOS” , however, the key variance is inherent in the utilization of accelerating hardware chips to enhance functionality.

HPB has put in place a refined Smart Contract System, according to infographics made available, they will be creating a Smart Contract Lifecycle Management system which will pave way for utilization, deletion of the Smart Contracts and a comprehensive custody and supervision of submissions among others.

PARTNERSHIPS

In order to further enhance efficiency and top-notch solution, the HPB developers entered into a valuable partnership with reputable firms, organizations and institutions. HPB is in partnership with NEO (formerly Ans blockchain), and they will be making history as the pioneer blockchain leveraging the platform in the ecosystem backing the NEO Virtual Machine functionality. Still, on the partnership arrangement, High Performance Blockchain and the renowned CPChain that has conceptualized a distributed infrastructure for IoT systems are involved in an impressive value-laden partnership, this partnership is quite remarkable and strategic

No time to compare samples?
Hire a Writer

✓Full confidentiality ✓No hidden charges ✓No plagiarism

THE TEAM

I must commend the team for conceptualizing this invaluable project that is bringing to the table a critical solution never before witnessed. Trusted experts in the blockchain space have continued to express confidence in the team comprising of vastly experienced individuals who have excelled in different areas of endeavour.

Conclusion

This is the future of the blockchain digital technology; the platform is coming with a value proposition that is taking scalability to a whole new level. In spite of the solution it is bringing to the fore, it is also an incentivized platform.

Website:

https://www.gxn.io

Exchanges: https://coinmarketcap.com/currencies/high-performance-blockchain/#markets

Telegram: https://t.me/hpbglobal

Twitter: https://twitter.com/HPB_Global

Bounty: http://bit.do/Hpb_Bounty

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

GitHub: https://github.com/hpb-project

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

You can receive your plagiarism free paper on any topic in 3 hours!

*minimum deadline

Cite this Essay

To export a reference to this article please select a referencing style below

Copy to Clipboard
Blockchain Technology As Innovation & A New Paradigm In Business. (2020, July 15). WritingBros. Retrieved December 18, 2024, from https://writingbros.com/essay-examples/blockchain-technology-as-innovation-a-new-paradigm-in-business/
“Blockchain Technology As Innovation & A New Paradigm In Business.” WritingBros, 15 Jul. 2020, writingbros.com/essay-examples/blockchain-technology-as-innovation-a-new-paradigm-in-business/
Blockchain Technology As Innovation & A New Paradigm In Business. [online]. Available at: <https://writingbros.com/essay-examples/blockchain-technology-as-innovation-a-new-paradigm-in-business/> [Accessed 18 Dec. 2024].
Blockchain Technology As Innovation & A New Paradigm In Business [Internet]. WritingBros. 2020 Jul 15 [cited 2024 Dec 18]. Available from: https://writingbros.com/essay-examples/blockchain-technology-as-innovation-a-new-paradigm-in-business/
Copy to Clipboard

Need writing help?

You can always rely on us no matter what type of paper you need

Order My Paper

*No hidden charges

/