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Hetachain 3rd gen blockchain tech and ICO launched in Dubai

Relam Investment has officially launched its 3rd Generation Blockchain technology ecosystem – HETACHAIN – and it’s ICO. The global launch started in Dubai on Sept 12, 2018, and will proceed to London and Turkey throughout 2018.

HETACHAIN is a super-fast DPoS + BFT hybrid blockchain network focused on addressing the age-long scalability dilemma and pushing forth a truly democratically governed platform built for industry scale transactions while also uniquely designed for private users. With its array of features integrating a blend of public and individual adoption-focused design through a multi-chain system, users can use HETACHAIN for both public and private blockchain preference.

Read: The arrival of blockchain and crypto explained: The legal case for UAE

The HETACHAIN ecosystem consists of smart contracts, Hetacoin, hot and cold Heta Wallets, Heta App Store, Blockchain feature-enablers and comprehensive solutions that enhance its applicability in smart banking, healthcare, e-commerce, trade, telecommunications, data management, investment, cash exchange, and remittance.

Network congestion, slow transactions, high network fees, and high-energy consumption have become synonymous with 1st and 2nd Generation Blockchain technology. HETACHAIN’s 3rd Generation Blockchain Technology addresses the errors of its predecessors by solving the problems of scalability, increased transactions per second and energy efficiency, and bringing Blockchain technology closer to mass adoption.

Read: Business interest in blockchain grows: Cryptos getting crushed

“We are driving the whole world into a new ecosystem. HETACHAIN will be your enabler, your society, your business, and your social life. HETACHAIN is designed to be a diversified ecosystem crossing various sectors such as; finance, healthcare, retail, trade, transport and will always upgrade with the changes happening in our societies. The ecosystem is empowered with a 3.0 Blockchain technology, and through it, we will provide our Smart Contracts, HetaCoin, Heta Wallet and other technologies.” Mr. Sultan Ali Lootah, Chairman, and CEO of HETACHAIN said.

Mr. Sultan Ali Lootah – Chairman and CEO of HETACHAIN

Crypto innovation is moving quickly and HETACHAIN is set to lead it to never seen before heights. Hetacoin is aimed at becoming one of the most popular cryptocurrencies in the world, powered by the demand generated from the HETACHAIN Crypto-crowdsale ecosystem where all users will be able to launch their own ICO projects.

Read: Blockchain security: Moving beyond the hype

“An ICO is a highly exciting venture which allows people to invest in unique opportunities like HETACHAIN. The HETACHAIN ICO will fully support and engage with companies and people who will positively change the world. I’m looking forward to working with revolutionary influencers and disruptors.” Mr. Norman Khan, Co-Founder, HETACHAIN.

We often accept the status quo. Thomas Edison said that there’s always a better way to do it. It’s up to us to keep searching for better ways. HETACHAIN is a step towards improving the status quo in blockchain.” Mr. Shameer Thaha, Advisor, HETACHAIN.

Tech experts believe that this is the most significant development in blockchain technology and HETACHAIN is set to be a revolutionary influencer that will penetrate all sectors of our economy and different spheres of our lives in unprecedented ways.