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Melb oleg2 Presentation Transcript

  • 1. Hasq – a new word in crypto-currency Inside Bitcoins – Melbourne 9 July 2014 Oleg Mazonka Technical Director, Hasq Technology Pty Ltd Hasq Technology
  • 2. Hasq Technology What is Ownership • Ownership – state of possessing something 1/10
  • 3. Hasq Technology What is Ownership • Ownership – state of possessing something • Possess – to own 1/10
  • 4. Hasq Technology What is Ownership • Ownership – state of possessing something • Possess – to own • Possess – to have control of 1/10
  • 5. Hasq Technology Ownership Types 2/10 ©Hasq is innovative technology with a vast array of real-world applications, such as crypto-currency, as an alternative to DNS, as a secure platform for blogs and messaging. There are many applications just in the financial sector alone: bonds, contracts, travellers cheques, international money transfers. These applications are all possible because Hasq has been designed as a general solution not tied to any particular industry.
  • 6. Hasq Technology Ownership Types 2/10 ©Hasq is innovative technology with a vast array of real-world applications, such as crypto-currency, as an alternative to DNS, as a secure platform for blogs and messaging. There are many applications just in the financial sector alone: bonds, contracts, travellers cheques, international money transfers. These applications are all possible because Hasq has been designed as a general solution not tied to any particular industry.
  • 7. Hasq Technology Adding Transfer Hasq technology introduces digital objects which can be owned in a similar way as real objects. The principle is similar to authorship in publication, but with a possibility of transfer: • does not need legal protection 3/10
  • 8. Hasq Technology Adding Transfer Hasq technology introduces digital objects which can be owned in a similar way as real objects. The principle is similar to authorship in publication, but with a possibility of transfer: • does not need legal protection • does not need medium (electronic device) 3/10
  • 9. Hasq Technology Adding Transfer Hasq technology introduces digital objects which can be owned in a similar way as real objects. The principle is similar to authorship in publication, but with a possibility of transfer: • does not need legal protection • does not need medium (electronic device) • difficult to take away 3/10
  • 10. Hasq Technology Adding Transfer Hasq technology introduces digital objects which can be owned in a similar way as real objects. The principle is similar to authorship in publication, but with a possibility of transfer: • does not need legal protection • does not need medium (electronic device) • difficult to take away • possible to transfer ownership 3/10
  • 11. Hasq Technology What is Hasq It is a particular organisation of web servers keeping distributed semi-synchronised open database. Database consists of records chained with hash functions. Digital object — a digital sequence of certain length. Ownership — the ability to control a digital object and the associated data. Transaction — a process of accessing or modifying a digital object. This includes change of ownership. Issuer — an entity producing digital objects and being responsible for the arising obligations and operational activities. 4/10
  • 12. Hasq Technology What is Hasq (continued) The generalisation of these concepts is what makes Hasq so powerful. For example, if a digital object represents a unit of currency, then a transaction becomes equivalent to one party paying the other. 4/10
  • 13. Hasq Technology Hasq Solves Customers’ Problems • Low risk of fraud • Low cost of computer infrastructure • Reliable transactions in unstable networks • Fast transactions compared to similar technologies • Absolute anonymity for both senders and recipients • Ownership cannot be taken away without the owner’s consent • A physical medium is not required for owners to store their digital objects 5/10
  • 14. Hasq Technology Hasq Advantages • Issuer has full control over issue of digital objects • Full spectrum of anonymity: complete, partial or none • Ultimately no client software required • Lost references to owned digital objects can be restored • High transaction processing speed • No sensible motive to hack Hasq servers • No Public Cryptography involved • … 6/10
  • 15. Hasq Technology Hasq Advantages (continued) • The process of ownership change allows intermediate states when the sender ownership is already lost but the receiver ownership is not yet acquired. The transaction is finalised when both the sender and the receiver agree. 6/10 c8cf7a6d 75c1e81c b8d996fd 23460551 d1bc5da7
  • 16. Hasq Technology Hasq Advantages (continued) • The process of ownership change allows intermediate states when the sender ownership is already lost but the receiver ownership is not yet acquired. The transaction is finalised when both the sender and the receiver agree. 6/10 c8cf7a6d 75c1e81c b8d996fd 23460551 d1bc5da7 c8cf7a6d 75c1e81c b8d996fd 23460551 d1bc5da7
  • 17. Hasq Technology Hasq Advantages (continued) • The process of ownership change allows intermediate states when the sender ownership is already lost but the receiver ownership is not yet acquired. The transaction is finalised when both the sender and the receiver agree. 6/10 c8cf7a6d 75c1e81c b8d996fd 23460551 d1bc5da7
  • 18. Hasq Technology Hasq Advantages (continued) • The process of ownership change allows intermediate states when the sender ownership is already lost but the receiver ownership is not yet acquired. The transaction is finalised when both the sender and the receiver agree. 6/10 c8cf7a6d 75c1e81c b8d996fd 23460551 d1bc5da7 c8cf7a6d 75c1e81c b8d996fd 23460551 d1bc5da7
  • 19. Hasq Technology Hasq Advantages (continued) • The process of ownership change allows intermediate states when the sender ownership is already lost but the receiver ownership is not yet acquired. The transaction is finalised when both the sender and the receiver agree. 6/10 c8cf7a6d 75c1e81c b8d996fd 23460551 d1bc5da7
  • 20. Hasq Technology Hasq Advantages (continued) • The process of ownership change allows intermediate states when the sender ownership is already lost but the receiver ownership is not yet acquired. The transaction is finalised when both the sender and the receiver agree. 6/10 c8cf7a6d 75c1e81c b8d996fd 23460551 d1bc5da7 c8cf7a6d 75c1e81c b8d996fd 23460551 d1bc5da7 c8cf7a6d 75c1e81c b8d996fd 23460551 d1bc5da7
  • 21. Hasq Technology Hasq Advantages (continued) • Ownership of digital objects is not limited to people. Devices or software programs can also own digital objects. 6/10 c8cf7a6d 75c1e81c b8d996fd 23460551 d1bc5da7 C++
  • 22. Hasq Technology Solutions • Financial Industry • IOU, bonds, travellers cheques • Money surrogates, gift cards, reward points • Hasq as a Shareholders Registry • Hasq for Copyrighted Materials • … 7/10
  • 23. Hasq Technology Solutions (continued) • Hasq as a Messenger 7/10 c8cf7a6d 75c1e81c b8d996fd 23460551 d1bc5da7 c8cf7a6d 75c1e81c b8d996fd 23460551 d1bc5da7 b8d996fd 23460551 d1bc5da7 c8cf7a6d 75c1e81c
  • 24. Hasq Technology Solutions (continued) • Hasq as DNS Alternative 7/10 Domain name IP address IP address DNS Server Domain name IP address IP address Hasq
  • 25. Hasq Technology Distribution • Portable C++ source code • OS + Hasq = 10 Mb bootable CD ISO image 8/10
  • 26. Hasq Technology Business Development Options • Selling commercial licences • Providing Hasq network services • Developing customer specific software • Releasing free software and opening source code 9/10
  • 27. Hasq Technology Hasq Today ABOUT US Hasq Technology Pty Ltd was established in late 2012 PATENT Patent pending for the technology and the original ideas STAGE OF WORK Hasq server software has been completed and is currently undergoing extensive testing 10/10