Tuesday 26 January 2021

Relam Investment launches new blockchain technology

DUBAI, September 15, 2018

Relam Investment, an international investment company headquartered in Dubai, UAE, has announced the global launch of its third generation blockchain technology ecosystem - Hetachain.
The global launch started in Dubai, and will proceed to London and Turkey throughout 2018. 
Hetachain is a super-fast DPoS + BFT hybrid blockchain network focused on addressing the age-long scalability dilemma and pushing forth a truly democratically governed platform built for industry scale transactions while also uniquely designed for private users. 
With its array of features integrating a blend of public and individual adoption-focused design through a multi-chain system, users can use Hetachain for both public and private blockchain preference.
The Hetachain ecosystem consists of smart contracts, Hetacoin, hot and cold Heta Wallets, Heta App Store, Blockchain feature-enablers and comprehensive solutions that enhance its applicability in smart banking, healthcare, e-commerce, trade, telecommunications, data management, investment, cash exchange, and remittance.  
Network congestion, slow transactions, high network fees, and high-energy consumption have become synonymous with first and second generation blockchain technology. 
Hetachain’s third generation blockchain technology addresses these by solving the problems of scalability, increased transactions per second and energy efficiency, and bringing Blockchain technology closer to mass adoption, said its top official. 
"We are driving the whole world into a new ecosystem. Hetachain will be your enabler, your society, your business and your social life. Hetachain is designed to be a diversified ecosystem crossing various sectors such as; finance, healthcare, retail, trade, transport and will always upgrade with the changes happening in our societies," remarked Sultan Ali Lootah, Chairman and CEO of Hetachain. 
"The ecosystem is empowered with a 3.0 Blockchain technology, and through it we will provide our Smart Contracts, HetaCoin, Heta Wallet and other technologies," stated Lootah. 
Hetacoin is aimed at becoming one of the most popular cryptocurrencies in the world, powered by the demand generated from the Hetachain Crypto-crowdsale ecosystem where users can launch their own ICO projects, he added.
Tech experts believe that Hetachain will be a revolutionary influencer that will penetrate all sectors of our economy. 
Its ecosystem consists of Hetacoin, Heta Wallets, smart contracts, Heta App Store and Blockchain feature-enablers that enhance its applicability and make it the most revolutionary technology in its class.-TradeArabia News Service

Tags: UAE | Blockchain technology |

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