INTRODUCTION
Building a house takes a lot of planning, from finding an architect to draw up the building plans to finding a good contractor that is trust worthy enough to execute the job perfectly and most efficiently without wasting resources or padding the building budget. The whole process takes a lot of dependency on people whom you have little or no knowledge about.
Risks involved In Blockchain Development
Same thing can be said about developing an application or developing a blockchain Framework. The process goes with high risks that may or may not involve other developers with enough mining ability, joining in the block building and may evidently hack out a major back of your foundation block. Another option may involve subscribing other developers' trusted nodes and depending on them. This may tempt the original owner into owning your public blockchain in some sort of decentralized manner which defeats the main aim of the blockchain technology. The blockchain was developed to solve centralization issues and not to aid it.
Organizational Development Risks
Another issue with developing the blockchain comes from the investment team and their organization. Starting from the shareholders to the board of directors. Equity of shares can cause discrepancy among the members of the shareholding committee starting from decision making to structure of employees. This may lead to undue mutiny and sabotage amongst them which will deliver a huge blow to the company's stock when power tussle is the order of the day. In the long run, the company may suffer a lot of damage due to its reputational stake on the stock market. What of situation in which the CEO of the company is involved in corporate scam, this will lead the company to lose their shares in values of millions of dollars. These organizational activities takes a lot of planning and dependency on a lot of people who may or may not have genuine intentions for the intended project.
This brought the need for a platform where blockchain Framework application and organisational structure can be done with a carefully well thought out plan to eliminate uncertainty and promote efficiency for developers.
THE HASHBON SOLUTION
Hashbon is a decentralized platform that was developed on the blockchain to take care of investor related issues that comes from development. They proposed solutions to the developer issues. We are going to go ahead and analyze them one by one.
#1 The Development of popular framework that will Integrate with Popular Blockchains
This step involves the proper coding of a universal framework which is an open source foundation for developing blockchain applications. This gives the framework the written coded permission to develop secure, efficient and fast operating applications on the public blockchain which can be able to bye-pass Sybil attacks that overcomes 51% hashrate of blockchains. The framework is a much better choice due to its reliability for decentralization.
#2 Ensuring Financial, Economic and Logistical Equity of the Company
The Hashbon solution centers on gathering all company indicators and centering them on their platform through proper formatting of the said reports to everyone's discretion. Through this way, investors, shareholders and editors are rest assured that the core data of the company remains unaltered. Everyone that is part of the organization receives all the detailed information about the structure through a report. It is primarily in two parts. The part that is available to everyone is the public report but the ones that are given to some targeted members of the company is the private report. This transparency keeps the company in check and both investors and shareholders gets their due without anyone being cheated.
# 3 Drawing up the Register of Shareholders
This method is used to establish a perfect relationship and understanding between owners and their shareholders. This helps them to draw up some sort of agreement based on business premises to allow them Co exist in a proper working relationship.
#4 A common Ground for Communication Between the Company and Shareholders
This is a perfect platform for the shareholders to study and understand their roles which is synonymous with the investors and their power. This is done to prevent the usual trend of Shareholders trying to influence all the activities concerning the company. Proper communication with the shareholders can help the company understand investor's activities and limitations and then make decisions towards rectifying them. With this understanding in place, undue misunderstanding and mutiny is prevented and proper business opportunities is secured for the company.
Token matrix:
Token – HASH
Total Supply – 200 Million HASH
Price – 0.10 Euro
Soft Cap – 1 Million Euro
Hard Cap – 10 Million Euro
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CONCLUSION
The Hashbon blockchain application development and business model is the easiest and safest way of running a corporate business enterprise with the aid of the blockchain pre-designed decentralization algorithm. This eliminates the endless works of initial organization and development for a proper business enterprise through developed blockchain applications.
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Author :Muji82
Bitcointalk profil link : https://bitcointalk.org/index.php?action=profile;u=1987495
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