8th,Nov 2017, Laoshan, Qingdao, Block Chain Alliance of China(BCAC), initiated by China Center for Information Industry Development (CCID), have just had the Founding Conference session on 2017 World Internet+Industry Conference. The Alliance is jointed by members from over 100 companies, institutions and government departments which are tapping in Blockchain technology and business development in China. Mr.Shi Xingguo, the CEO of Hyperchain Inc, took a speech of How Hyperchain boost UYOO performance for handling flooding requests of copyright registration on the Internet during the Funding session. Continue reading “Hyperchain is elected as Vice Chairman Board member of Block Chain Alliance of China”
3 pm today, seven central government departments have just joint released the Announcement of Financial Risk Prevention to ICO. The Announcement declares ICO illegal and freezes the fiery token fund raising market.
The Block Chain Technology start a new age of digitalized value exchanging and trading. It would create a world-wide value exchange network by reducing the trading latency greatly and remove most obstacles between value exchanges, such as cost or latency in credit guaranty, liquidity provision, order confirmation, clearing of exchange and so on. However, most of the Block Chain techniques are still in experimental stage due to their technical limitation. Although the whole Block Chain industry strongly holds the confidence that the technology would become the next generation infrastructure of the Internet, Gartner predicts it would not take short time that day comes.
Opportunity comes, people gathers. This year 2017, with only a White Paper a “Blockchainlized” project can be chased by global hot money. Under such breathe taking atmosphere, Initial Coin Offer, namely ICO, boost like a rocket  and greedily overdrawing the future of the industry. The Announcement hopefully would withhold the excessive speculation momentum and pull the industry development direction back to the correct track of creative and practical. Continue reading “ICO bankrupt, new industrial opportunities on the horizon”
In the past few days, Hyperchain has won the award of creative leadership project of SIPAC after several rounds of competitions and reviews by SIPAC expert group. Congrats! one more steady step!
about SIPAC http://www.sipac.gov.cn/
Recently, the PwC has just published a Block Chain industrial investigation report. We see it is the best report which summarize published consensus algorithms so far. Although the algorithm categorizing still need to be more clear or specific, although the topic are limited to ledgers, the report looks good to discuss on consensus of ledgers under the status quo of Block Chain Industry which has been drowning in madness of alter coins and ledgers .
Recently，we have received several confirmation letters of PCT International patent priority recognition from WIPO. This is a firm step for future business globalization of Hyperchain.
About WIPO http://www.wipo.int/portal/en/index.html
Hyperchain is a brand new Blockchain Technology with higher performance and hybrid data compliance. So far, there are several well-known problems of Blockchain techniques, such as low efficient in generating blocks, black-hole of computation power[i][ii] and application bind to transaction-oriented Architecture. Although Blockchain technology has been widely accepted as the next generation infrastructure of the Internet, these flaws still are the major obstacle for the technology to become a world-wide network protocol. The goal of Hyperchain is to remove these stumbling blocks in the way and create a unified ownership layer of the Internet. We propose a new method to provide time-slicing CAP consistency of distributed system and we design a new algorithm called Buddy Consensus based on this theory. Three new primary technical features are brought in – a parallel architecture of block generating, the hybrid data compliance, and a chain-in-chain virtualization context. Some other secondary features, like a built-in cross-chain interoperation environment, a customizable consensus mechanism, and so on, are created and can be directly invoked from the application layer. These features widen the application scope of Blockchain much more and open a more promising future of it. Unquestioning, Hyperchain also support all common features provided by existing Blockchain technology, such as transaction, Smart Contract but with a much higher efficiency. Continue reading “Hyperchain Whitepaper”
Hyperchain is a brand new block chain technology with several break through attributes which no other block chain has been addressed
- Hyperchain is the first parallel block chain in the world.
- Hyperchain so far is the only block chain which is open and compatible to isomeric data, which may contain any data structure.
- Hyperchain is an completely decentralized block chain.