HashNet BitEco (HNB)

HNB is building a decentralized digital economy where individuals and companies can work and exchange products and services with trust and security. Based on its own protocol and dual-token system of HNB and HGS, HNB will act as the connecting center between the digital world and the real-world economy.

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What is HashNet BitEco

Just like how the Internet has changed the way we communicate, Blockchain technology is changing the way we transact with each other. The technological evolution is progressing from digitization of information to digitization of assets. Blockchain is promising the world with new disruptive ideas and compelling business value propositions:

Blockchain technology is presenting the world with its daunting vitality and endless possibilities. The conventional centralized and intermediary-based Internet business model will be challenged and eventually disrupted by this technology. Statistics shows that by 2025 the value generated through Blockchain is expected to be $10 trillion, 10% of the world GDP ($100 trillion).

Blockchain related economies have been explosively growing since the inception of Bitcoin in 2009. However, the development of Blockchain business has still not reached the level that can support the large-scaled real time transactions for goods and services. There are three reasons:

With ever increasing investments, the major breakthroughs in Blockchain technology have taken place in recent years. The technologies such as smart contract of Ethereum, grapheme technology of EOS, evolution of consensus mechanism from PBFT, POW to POS, DPOS as well as a variety of hybrid mechanisms, Lightning Network and zero-knowledge proofs, have greatly improved security, scalability and TPS in Blockchain applications, which laid a solid foundation for the evolution of the next generation of Blockchain applications. HNB team believes that Blockchain-based technology and decentralized processes can revolutionize both on-line and off -line market places and commerce.

HNB mission is to design a Blockchain based economic operation mechanism for a closed-loop economic entity. HNB believes that economic incentives, when transparent and properly implemented, will motivate people to be both active and good participants in the economic entity, if those incentives can be earned throughout the various processes that run this entity, powered by the communities’ own members. This strengthens the participation and creativity of participants while at the same time allowing the entity to become more dynamic and scalable. The open and vigorous governance mechanism, various business partners, large enough base of users, and the latest technologies help to establish a global self-evolution and self-development HNB economic entity. Based on the next generation of Blockchain technology, HNB team is confident and committed to grow its business entity into one of the largest decentralized economic communities in the world.