HASHBON – OPENSOURCE MULTIBLOCKCHAIN FRAMEWORK FOR BUSINESS

Our idea – is to create a new type of blockchain framework, that will work simultaneously on top of existing blockchains.

It will also use different node APIs (Blockcypher.com, Blocktrail.com, Matbea.net and etc) at the same time to avoid any kind of centralization and risk of malfunction of single node API service.

Using this framework we plan to create blockchain apps, one example is to create Investor-Management relationship ecosystem, bringing more transparency for public companies.

OUR TEAM HAS 5 YEARS OF EXPERIENCE IN BLOCKCHAIN AND FINTECH AREA, WE DEVELOPED:

matbea.net 


Blockchain API with unique features: You can view relation between bitcoin exchange and bitcoin address free of charge.


matbea.com 

Popular cryptocurrency wallet in Russia, launched in 2014. 80 000+ customers.


BitMap app 

iOS and Android app to locate bitcoin ATMs 10 000+ installs


GefaraPay.com 

European cryptocurrency wallet available in web, ios and Android versions. Launched in 2016


HashBon - blockchain framework

Blockchain applications
Different programming languages: PHP, Java and more
Bitcoin, Litecoin, Dash blockchains
Smart contract libraries
Reliability, convenience, cost-effectiveness

Blockcypher, Blocktrail, Matbea.net APIs

Why use the framework?

1) Reliability and fault-tolerance.
- using several different blockchains at the same time to save smart contracts gives higher reliability in comparison with using only one blockchain. In addition, the framework will be a unified language (wrapper) for simultaneous work with several APIs such as blockcypher, blocktrail, blockchain.info, etc.

2) Convenience
- Hashbon framework is the interface between blockchain applications and blockchains. Developers will receive a universal language for programming different blockchains.

3) Cost-effectiveness
- in some periods of time commissions in one particular blockchain can be very high. Our framework can intelligently choose those blockchains where it is cheaper to record information at the moment.

DIFFERENCE FROM THE ALREADY EXISTING BLOCKCHAIN FRAMEWORKS

Works on TOP of Bitcoin, Litcoin, Dash, Zcash, Monero live chains Simultaneous recording of information in several blockchains for increased reliability Centralization or Vulnerable to 51% attack Automatic selection of the blockchain with the minimum commission at the moment Using different APIs (Blockcypher, Blocktrail, Matbea.net) for better decentralization
Hashbon Framework Yes Yes No Yes Yes
Hyperledger, R3, multichain, openchain, etc No No Yes No No
Ethereum No No No No No

Products like Hyperledger, Multichain, Openchain are suitable in case you want to create your own blockchain. But such blockchain will be either subjected to centralization (working on trusted nodes) or will be vulnerable to attack 51%. It won’t be able to compete with public blockchains like Bitcoin, Litecoin, etc. Unlike them Hashbon does not create new blockchain but works as a universal platform on top of popular blockchains that already exist.

SYSTEM OF FINANCIAL REPORTING FOR PUBLIC COMPANIES THAT USES BLOCKCHAIN

After development of framework, we want to use it to create business applications. One example of such applications is automatic preparation of financial statements along with hashing them in blockchain.

The implementation of blockchain financial reports system increases capitalization and value of the business by making it more transparent and less risky for public investors.

This creates incentives for shareholders and management to implement this application. If public company costs 1 billion euros, and its value grows by 3% (realistic estimate), the effect of the implementation will be 30 million euros. And if it costs 30 bln euros - benefits of implementation will be 1 bln euro. Naturally, public companies that are already including in their budgets the costs of improving the relationship with investors will go for the implementation of the blockchain in the reporting system.




Why do you need blockchain to solve this problem?

Public blockchain gives a 100% level of transparency and is also protected from changes. The use of this technology will significantly complicate the possibilities to manipulate financial reporting.

ADVANTAGES OF USING BLOCKCHAIN 
SHAREHOLDER RELATIONSHIP MANAGEMENT

Great opportunities for communication of shareholders among themselves 

Each shareholder, depending on the number of shares, can participate in the life of the company: vote, put forward ideas and demands, request financial reporting documents, meeting minutes, appoint shareholders meeting and other. All this is done in a few clicks.

High data confidentiality

 Access to data can be controlled on a separate account, as well as automate the granting of certain rights depending on the number of shares owned by the user.

Reliability

Data can be generated for any period of time, even for the previous day, without waiting for quarterly reports. Reports can not be changed retroactively.

Transparency of the data source in reports 

The data received by our platform, stores inside the ultimate amount of detailed information on a source. Data can be assigned to a separate accounting operation with a unique number.

Formation of financial statements for any period of time 

The expenses that the company spends on organizing the general meeting of shareholders, reach quite large sums. A single platform of relationships between shareholders will reduce these costs.

Solving problems that arise between shareholders and company management

 It will allow the company to learn immediately how their decisions are evaluated by the shareholders, until it is too late, before the complaint of the shareholders.

More profitable relations with shareholders

 Interaction with shareholders can help companies gather information about investors' problems and make informed decisions that meet the company's interests with respect to these problems.

Reliabilit y systems

The cloud part of the system and the distributed database provide the work of the platform without a single point of failure

ROADMAP

Stage 1
The first stage includes:
- Creating a blockchain framework;
- Integration with open blockchains - Bitcoin, Ethereum, Dash, and others;
- Integration with services like Blockcypher, Blocktrail, Matbea.net and others;
- MVP release.

Stage 2*
The second stage includes:
- Development of business applications based on the blockchain framework
- Creating a platform interface;
- Setting up a system for exchanging data with ERP systems and integration with the blockchain;
- Creation of financial, economic and logistic reports. - Implementation and launch of the platform for an open company to collect real data;

Stage 3*
The third stage includes expansion of the platform's functionality:
- Implementation of voting and consultation system;
- Organization of shareholder's general meeting;
- Formalizing formal requests to the top management of the company.

Stage 4*
The fourth stage includes:
- Use of blockchain to provide depository accounting of various types of financial instruments, including bonds, shares;
- Record of the transfer of rights to them when making deals.

Stage 5*
The fifth stage includes: obtaining the necessary licenses and certificates of conformity

Stage 6
At the sixth stage: further development of the platform and creation of new business applications.

* Stages 2, 3, 4 and 5 can be changed partially or completely due to a change in the market's conjuncture


Ниже привожу ссылки на оф.сайт и технический документ проекта:
Оф.сайт https://hashbon.com
Технический документ https://hashbon.com/info/whitepaper_eng.pdf
Биткойнталк https://bitcointalk.org/index.php?topic=4786838

Профиль БТТ:jonpanin