HELO™ Blockchain: What They're All About
What the company does
The HELO™ blockchain is an enterprise solution and payment platform utilizing cutting-edge blockchain technology to increase operational efficiency and reduce running costs. HELO™ allows anyone from independent vendors to multinational corporations to harness the potential of blockchain.
The Current Landscape
The blockchain and crypto landscape is rapidly changing by the day. For example, Ethereum is currently preparing to switch from utilizing Proof of Work (PoW) to Proof of Stake (PoS), as a result of the merge of the Ethereum blockchain and the Beacon chain. Proof of Work’s model relies on computational investment and energy power, while Proof of Stake’s model relies on monetary investment. These top two consensus models are constantly battling each other for the top spot in users eyes, resulting in constant change and advancements. To the contrary, HELO™’s novel consensus algorithm, Proof of Ethic™ (PoE), relies on no tangible investment. Proof of Ethic™ relies on positive, active participation in the network and will bring much needed advancements to the blockchain landscape.
Company Birth Story
HELO™ blockchain, powered by NuPay Technologies, is backed by a specialized team of innovative disruptors. NuPay’s team hails from professional backgrounds in tech, merchant services, corporate governance, banking, software development, sales, and marketing.
HELO™ and Proof of Ethic™ offer a solution to the “scalability trilemma” proposed by Vitalik Buterin, without any sharding or Layer 2 mechanisms. Proof of Ethic™ is a novel consensus algorithm offering optimizations in the five pillars of speed, security, decentralization, eco-friendliness, and monetary investment. Along with virtually zero carbon footprint or transaction fees, the algorithm is based on the principle of equality, so all nodes have an equal opportunity to generate the next block without the need for heavy capital investment. The combination of these features results in an eco-friendly, accessible, and egalitarian consensus.
A Customer Story
HELO™ is working with PixelPlex, Hacken, Coindar, and Microsoft to develop this state-of-the-art blockchain technology. The HELO™ blockchain intends to launch by the end of 2022.
The Team Culture
NuPay’s CEO, Brad Wilson, has over 30 years of experience in the payment processing space. Wilson also serves as the CFO of National Payment Corporation, a payment processing company that processes $1.5 billion USD annually.
Nathan Trudeau, NuPay’s CTO, has three patents (pending) in the merging tech sector. Trudeau has been coding since the age of 6 and at 17, he started his own software and I.T. business.
Sarah Robertson, SVP of Operations at NuPay, manages day-to-day office relations and implements plans of action from the CEO and leadership team. Robertson also assists the CMO in execution and planning of marketing strategy to align with overarching goals.
Joshua Bell, CMO at NuPay, oversees all aspects of Marketing and Project development, devising strategies to take the HELO™ blockchain to market.
Check out more: https://heloblockchain.com/
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