This document discusses Hasq, an innovative new technology with applications in cryptocurrency and other industries. It introduces digital objects that can be owned similarly to real objects and transferred between parties. The technology is implemented through a distributed network of servers running Hasq software. It offers advantages over other systems like anonymity, low costs, and not requiring a physical device for ownership. Potential solutions using Hasq include financial applications, copyright management, messaging, and serving as a DNS alternative. The company developing Hasq is seeking commercial partners and licenses.

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
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4. Hasq Technology
What is Ownership
• Ownership – state of possessing something
• Possess – to own
• Possess – to have control of
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5. Hasq Technology
Ownership Types
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©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.
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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.
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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
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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.
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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
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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
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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.
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b8d996fd
23460551
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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
• …
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23. Hasq Technology
Solutions (continued)
• Hasq as a Messenger
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24. Hasq Technology
Solutions (continued)
• Hasq as DNS Alternative
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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
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26. Hasq Technology
Business Development Options
• Selling commercial licences
• Providing Hasq network services
• Developing customer specific software
• Releasing free software and opening source code
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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
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