INTRODUCTION
Building a structure is a very delicate process. It involves a whole lot of technical planning and ingenuity to make sure the process is carefully executed but most importantly, it needs a good foundation. It is time consuming as well as expensive due to the resources that are expended on it. This same thing applies to developing the framework of a blockchain. The tedious part is not knowing whom to trust or which process to take in order to build a secure and scalable platform that can withstand attacks from nodes trying to hijack your whole blockchain operation. This is one of the many problems encountered in organization of blockchain technology.
On another branch, organisational development comes with its own baggages. One that if not handled properly the entire corporation will be in jeopardy. In an organization, the foundation is always known as its head, including the shareholders, executive heads and the investors. Most often than not, a lot of mutiny can arise if the organization of a corporation is not managed properly and management is a complex process. The corporation can run into losses in millions of assets if any of its foundations is found wanting in any way. History have shown that law suits that involved management problems are the biggest losses for corporations accross the globe.
In order to effectively take care of organizational management of blockchain Framework and business corporations, the Hashbon project was initiated.
HASHBON
The Hashbon network aims to provide a decentralized management as an answer to investor related management of operations as well as executing a healthy ecosystem that allows investors to execute their corporate duties and votes for the institutional needs. The Hashbon operations is divided into several parts:
1.0 Developing an Interoperable Universal Blockchain:
In order to solve investor related management issues, the Hashbon team proposed the creation of a Universal Blockchain with permission codes as open source for the development of other public blockchains that will not only ensure security but effectiveness of operation with better hashrate and protection from Sybil attacks. This method will ensure that any blockchain process is cost effective and is convenient for all wiling developers.
2.0 Projecting Transparency of Economics, Logistics and Financial Activities:
Issues concerning money always breeds controversies in large corporations. This can always be solved by ensuring that the record of the day to day finances and economical logistics are given to all the executive heads of the company to peruse. Hashbon platform wishes to protect transparency through this method to keep all parties together and prevent revolutions and misappropriation of funds.
3.0 Having a Record of Shareholders:
In order to ensure that the shareholders have the company's best interests at heart, Hashbon proposes the record of all the shareholders and their various influences to the corporation. This performance related record will guide them on how to properly delegate issues of votes in the company.
4.0 A Bridge between Company and its Shareholders:
This is the final Hashbon solution premise. To be able to bring the company and shareholders to a common understanding. This can be done through proper dialogue between the creators of the companies to outline their various purposes and propositions and even grievances. This will allow the company to move forward on a unity front, knowing that they all have the same aim to achieve.
TEAM
CONCLUSION
Organization of a corporate entity can be really tedious. Sometimes the processes needs not to be left on the shoulders of a central body. It can be a consensus between individuals of like minds. This is what the Hashbon project is proposing.
OFFICIAL HASHBON LINKS;
Website : https://hashbon.com/
Whitepaper : https://hashbon.com/info/whitepaper_eng.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=4552942
Telegram Chat: https://t.me/hashbon_chat
Telegram News : https://t.me/hashbon_news
Twitter : https://twitter.com/hashbon
Facebook : https://www.facebook.com/hashbon
Instagram : https://www.instagram.com/hashbon
Reddit : https://www.reddit.com/user/Hashbon
AUTHOR'S DETAILS
Bitcointalk Username : Chomsy
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1759759