[ANN] HelixNetwork - High throughput messaging - www.hlx.ai
High throughput messaging with blockchain-level availability and tamper-proof certificates
Tamper-Proof Timestamps - Super Slim Protocol - Optimized for Datastreams - Fullnodes for Business
Introduction
Founded 2017 in Berlin, Helix (www.hlx.ai) forked IOTA to develop a lightweight messaging service with tamper-proof delivery timestamps.
It is designed as a composable and extensible plugin for hybrid Web3 stacks and can be used as an off-chain layer or as a data oracle for any blockchain protocol.
Mainnet (Pendulum) went live on September 24th, 2019, followed by the Helix Wallet (Nautilus) release on October 8th, 2019.
It is designed as a composable and extensible plugin for hybrid Web3 stacks and can be used as an off-chain layer or as a data oracle for any blockchain protocol.
Mainnet (Pendulum) went live on September 24th, 2019, followed by the Helix Wallet (Nautilus) release on October 8th, 2019.
Technology
The HelixNetwork is a high-throughput timestamping service with blockchain-level availability and trust guarantees.
Focusing initially on IoT, the network has gradually expanded into a universal thin messaging layer with tamper-proof delivery timestamps and native value transfers.
The team believes that an extensible and thin timestamping layer with minimal logical and software dependencies is a much needed missing block in the era of scalable layer2 solutions.
The key design features of the underlying HelixMesh consensus protocol were dictated by optimizations for high throughput and minimal logical complexity:
highly concurrent independent zero-fee writes are supported by the ledger at the expense of the total transaction ordering, assumed to be delegated to a layer-1 blockchain of choice.
Further, Helix full nodes are operated by dedicated vendors (Catalysts) who may provide additional SaaS and on-site infrastructure integration services (such as custom SAP adaptors) based on the enterprise client requirements.
The end clients are not directly exposed to any crypto assets as they pay in fiat for the provided services.
Focusing initially on IoT, the network has gradually expanded into a universal thin messaging layer with tamper-proof delivery timestamps and native value transfers.
The team believes that an extensible and thin timestamping layer with minimal logical and software dependencies is a much needed missing block in the era of scalable layer2 solutions.
The key design features of the underlying HelixMesh consensus protocol were dictated by optimizations for high throughput and minimal logical complexity:
highly concurrent independent zero-fee writes are supported by the ledger at the expense of the total transaction ordering, assumed to be delegated to a layer-1 blockchain of choice.
Further, Helix full nodes are operated by dedicated vendors (Catalysts) who may provide additional SaaS and on-site infrastructure integration services (such as custom SAP adaptors) based on the enterprise client requirements.
The end clients are not directly exposed to any crypto assets as they pay in fiat for the provided services.
Business Applications
Applications of the HelixNetwork are multifarious. A potential use-case the team has been focusing on is to solve one of the significant cold chain logistics problems,
the time-temperature abuse – i.e., unacceptable deviation from the optimal temperature for a certain period of time, taking into account ambient temperature and the type of activities food products are exposed to.
In general, a cold chain is an uninterrupted-temperature controlled transport and storage system of refrigerated goods between upstream suppliers and consumers designed to maintain the quality and safety of food products (or also medical supplies).
Unexpected temperature changes in cold chain processes can lead to compromised food safety and quality that ultimately can result in loss of consumer confidence, threated health or increased levels of food waste.
It has been reported that roughly one-third of global food production is wasted annually. With Helix, the customer can access time-stamped sensory data as-needed in order to generate its own reports, business analytics or other value-added-services.
the time-temperature abuse – i.e., unacceptable deviation from the optimal temperature for a certain period of time, taking into account ambient temperature and the type of activities food products are exposed to.
In general, a cold chain is an uninterrupted-temperature controlled transport and storage system of refrigerated goods between upstream suppliers and consumers designed to maintain the quality and safety of food products (or also medical supplies).
Unexpected temperature changes in cold chain processes can lead to compromised food safety and quality that ultimately can result in loss of consumer confidence, threated health or increased levels of food waste.
It has been reported that roughly one-third of global food production is wasted annually. With Helix, the customer can access time-stamped sensory data as-needed in order to generate its own reports, business analytics or other value-added-services.
What is (m)HLX?
(m)HLX is the native cryptocurrency of the HelixNetwork.
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