Learned by 318 usersPublished on 2024.03.29 Last updated on 2024.10.13
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Hcash is Australia's first public blockchain project to have successfully launched an ICO (as Hshare), which took place in July 2017. Now it is actively traded on multiple exchanges and has received overwhelming support and acceptance from blockchain enthusiasts and professionals all over the world for its innovation and practicality.
Hcash was born to overcome current limits of existing blockchain technology through its ability to link different blockchain systems. In simple terms, it will allow for transactions of both data as well as value (money) to occur between systems that currently cannot readily exchange both with ease. By bridging the limits between different blockchains and securing information through encryption, we believe Hcash brings forth greater room for growth and opportunity.
Hcash is utilising technical innovation from the Hyperchain technology company who have partnered with Monash University, Hong Kong Polytechnic University and Shanghai Jiao Tong University to develop its technology including: Zero Knowledge Proof technology and our Proof of Work and Proof of Stake model. Additionally, Hcash have partnered with four leading quantum computing and cryptography experts who are actively working on implementing quantum resistant technology in Hcash.
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. HTX does not take responsibility for any resulting direct or indirect losses.
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