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High Performance Blockchain (HPB) is being hailed as the “EOS of China.” They offer a combination of software and hardware and ar compatible with the EVM and NEO Virtual Machine. They are already partnered with UnionPay and have a working product. The test net will be up Q1 of 2018 and the main net will be up Q2.
In case you don’t feel like watching this extremely LONG video:
This is truly one of the most innovative projects in crypto world. They are going to be the world’s first company to combine software with accelerated hardware to significantly improve ease of use and speed of data transfer and access. They will be able to do 1,000,000+ transactions per second. The software will be open source.
Their market is the massive companies and industry that uses large amounts of data. Their white paper mentions Baidu, Alibaba, Tencent. In case you don’t know, these are absolutely massive Chinese companies. Baidu is their Google. It’s the fourth most visited site in the world after Google, Youtube and Facebook. Other target markets include the IOT, financial industry (see UnionPay in partnerships), medical industry, governments and supply chains. Absolutely huge, multibillion dollar industries with enormous amounts of data being transferred every second all over the country and world. The goal is to make it easier to use and speed up the data transfer and transactions.
The founder is Wang Xiao Ming. He’s been an early blockchain innovator in China for years and has written three books on blockchain technology and spoken at multiple crypto/blockchain events. He’s been connected with NEO since day one. The rest of the team has been assembled from Huawei, Intel and other major Chinese companies. Advisors include the executive president of UnionPay(more on them later), a noble prize winning physicist, and the president of the very successful Dongfang Fuhua Fund. Investors include NEO (this alone should get you interested), TimeStamp Capital (Major Chinese investment), Lei Zhen (founder of OKcoin), and more.
Partnerships: First, they are partnered and work closely with NEO. The last coin I found out that was partnered with and working with NEO was Loopring. I bought Loopring at $0.035. Loopring hit $2.60 yesterday, that’s a 74x increase in price (full disclosure I sold my Loopring at 30 cents). It will be the first blockchain in the industry to support NeoVM (NEO Virtual Machine). Second major partnership is UnionPay. Most of us in North America aren’t familiar with the name but they are massive. They do 80% of all Chinese transaction data, which equals out to a turnover of $12.5 TRILLION(!) per year. To help visualize that, they are bigger than Visa and Mastercard combined. Imagine hearing a coin is working with those two companies directly. This is one of the biggest partnerships ever in cryptocurrency. They also have more high value partnerships that have no been announced yet. After partnering with UnionPay, they will have no issues making further partnerships, that’s how big UnionPay is.*
*Coutesy of doogie88 via Reddit (thanks for the GREAT info bro!)
DISCLAIMER: This is an UNPAID review designed to educate and inform only. In no way does this video condone or suggest you purchase HPB tokens now or in the future. I am not a financial advisor. This is not financial advice. Anything stated in this video is just my opinion. Investing in ICOs is inherently risky. Always do your own research before investing. I am not responsible for your investments or trades.
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