Introduction
The internet remains one of the fastest means of communication and the speed in which information is being dispersed in the world today is one of the salient reasons why the internet is seen to be irreplaceable but there are a few bottleneck in the use of the internet. Hence there is need to break to constantly fight against these challenges. If someone steals your password, you can change it, but if someone steals your thumbprint, you cannot get a new thumb, the failure modes are quite different.
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Security and privacy remain the key issues of development of big data. Practical evidence shows that even harmless data once collected in large quantities poses the risk of exposing personal data. In addition, big data may also encounter potential security risks during storage, processing, and transmission. It is extremely difficult to implement large data security and privacy protection, simply through technical means to restrict service providers from collecting user information.
Presently as the world develops, more and more business are relying on internet speed, security, privacy, high transaction speed and transparency more than ever.
As early as 1981, investors were attempting to solve the internet’s problem of privacy, security, speed and inclusion with cryptography. No matter how they reengineered the process, there were always leaks because of third party that were involved. A decade later in 2008, the global financial industry crashed perhaps propitiously. However, cryptocurrency are different from traditional fiat currencies because they are not created or controlled by countries, this protocol established a set of rules
in form of distributed computations that ensures the integrity of data exchanged amongst these billions of devices without a trusted third party. This seemingly subtle act set off a spark that captured the imagination of the computing world and has spread everywhere.
Blockchain is the foundational technology behind Bitcoin. It is also a potentially groundbreaking innovation in how data is created, shared, and edited. Through an immutable ledger and consensus algorithms that ensure the integrity of the blockchain, it is possible to create a “trustless” type of information; a type that is truly decentralized and transparent. The blockchain provides a wider application in the industry.
Many current users of blockchain are restricted to its original purpose such as a peer-to-peer cryptocurrency. However, it has numerous potential applications in several industries such as financial instruments, energy and resource management, social networking, big data and IOT applications, governance protocols, advertising and marketing, and perhaps completely new, unforeseen industries which may only be possible through blockchain’s successful maturation.
Despite the groundbreaking achievements blockchain technology system is quite limited by some critical problems that drift clients away. This problem includes;
Transaction per capital.
Poor security.
High transaction fees.
Difficulty in developing DDPAs.
Scaling.
However HIGH PERFORMANCE BLOCKCHAIN (HPB) is a new blockchain design that was launched 2017, positioned as a user -friendly, high performance blockchain platform. Its goal is to broaden the performance of the distributed application to the real world business needs.
The software design provides accounts, identity and authorization management, policy management, databases, and asynchronous communication on thousands of CPUs, FPGA s or clustered program schedules. It is a newly designed software that can support millions of transactions per second (Broadband) and authorizations within seconds thereby solving problems of TPS.
Through BOE technology, consensus algorithm acceleration, data compression, data encryption and other technologies, the design software can support millions of concurrent users. The cloud terminal under this architecture can be a traditional PC, intelligent terminal, or any other related machine.
SYSTEM UTILITIES
Having slated the problems faced by blockchain, HIG PERFORMANCE BLOCKCHAIN (HPB) has imbedded some utilities in its new design to tackle and solve these problems. Enlisted are the following utilities
BLOCKCHAIN OFFLOAD ENGINE (BOE) TECHNOLOGY
In response to the ever re-occurring problem, HIGH PERFORMNCE BLOCKCHAIN (HPB) created a new technological innovation: BLOCKCHAIN OFFLOAD ENGINE (BOE), the BOE is designed to cater corresponding incentives for the contribution of the system, in order to attract users to participate in maintaining the network’s operation.
The BOE is set to control the transaction broadcasting, transaction verification, block broadcasting, and block packaging by improving on Acceleration of ELIPTICAL CURVE DIGITAL SIGNATURE ALGORITHM (ECDSA).
Hardware random number generation
Data fragmentation
Network performance
Concurrency
Consensus Algorithm
The consensus efficiency of the HIGH PERFORMANCE BLOCKCHAIN (HPB) consensus algorithm is far higher than others. At the same time, it also greatly improves security and privacy. The HPB consensus algorithm plan caters stern privacy before the block is packaged, the current node that generates the next block and takes into account the security of the high contribution nodes.
APPLICATION SERVICES
The application services controls the blockchain API and the application SDK. The system support various data application and development languages, multi-blockchain, data query, transaction submission and other blockchain operations. It creates a platform for interactive access interface with privilege control system.
The application SDK allows execution of blockchain operations and functions, packet-based encryption, data signatures, transaction generations, etc. The application supports Java, JavaScript, NET, Ruby, Python and other SDK languages.
SMART CONTRACT
HIGH PERFORMANCE BLOCKCHAIN (HPB) has created some modular designs that ensure the security of blockchain via general virtual machine mechanisms(which includes Ethereum virtual machine and Neo virtual machines), smart control lifecycle management, smart contract auditing, smart contract template.
SYSTEM MANGEMENT
HIGH PERFORMANCE BLOCKCHAIN (HPB) technology adopts software and hardware to improve the configuration of the system to give it a maximum efficiency and high performance, through simple command operations, various levels of compatibility checks, automatic download, automatic upgrades, and automatic deployment can be implemented.
HPB also caters for blockchain system, networks and nodes with comprehensive monitoring, logging visualization applications, and real-time activity alerts and notifications. It supports remote fault recovery and network system restart services. It also supports integrated monitoring and expansion according to the requirement of different business areas.
ADVATAGES OF HPB
1. The security of the client’s data is prioritized.
2. There is versatile and efficient system notification.
3. Client will enjoy maximum speed of transaction.
4. HPB provides a user-friendly environment.
5. The system is compatible with diverse programming language.
6. It provides client with effective system management.
7. Anti-counterfeit traceability.
8. Good gaming platform with effective virtual transaction.
CONCLUSION
The only unfair fight is the one you lose and HPB has ensured we have the huge chance to win. It has rightly addressed the problem facing blockchain technology and has equally executed the plans by providing blockchain with these awestruck innovation and workable principles to assist each platform. This will be a big landmark in blockchain technology.
For more information visit
Website: https://www.gxn.io
CMC: https://coinmarketcap.com/currencies/high-performance-blockchain/
Telegram: https://t.me/hpbglobal
Facebook: https://www.facebook.com/HPBGlobal/
Twitter: https://twitter.com/HPB_Global
GitHub: https://github.com/hpb-project
Reddit: https://www.reddit.com/user/hpbteam
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