The HelixTangle is a next-generation decentralized and cognitive distributed ledger that enables people to transact, collaborate and exchange value without the need for intermediaries. The HelixTangle is the product of innovating on the idea of a blockless and chainless solution to the world of Distributed Ledger Technologies, first introduced by the Tangle methodology. In contrast to existing Blockchain platforms, the HelixTangle scales infinitely and increases the speed of transaction confirmation while it grows, allowing for massive adoption and real-world solutions including the Machine Economy and Internet of Everything (IoE). Unlike todayʼs other Tangle-oriented protocols, the HelixTangle plans to be fully distributed and genuinely decentralized. Instead of putting trust into a proprietary central authority, transactions in the HelixTangle will be considered valid based on the networkʻs global participation in achieving consensus. Ideology Founded in 2017, Helix Cognitive Computing GmbH is a Berlin-based technology company that is dedicated towards developing and creating a sustainable digital ecosystem that interconnects Everyone and Everything; without intermediaries or central authorities, and at virtually no cost. Mission By creating a “blockless and chainless”, next-generation peer-to-peer digital exchange network, called the HelixTangle, and a Cognitive Cryptocurrency ‒ HLX, the company plans to engage and help shift existing economic and political power structures across all levels of industry and society. Regarding security, Helix is working on the first transaction ledger monitored by Cognitive Security. Data needs to be immutable, and Helix is developing a cognitive security engine to maintain the integrity of data interpretation. With data security being the key order of the day in 2018 and 2019, the fraud-resistant HelixPlatform will facilitate natively secure distributed app development. The Journey is the Reward Helix focuses on easy accessibility, intuitive usability, system efficiency and the highest standard of security measures. It provides a Distributed Ledger that requires very little technical expertise nor delays commercial production by old-fashioned authentication processes. As a common payment method or trading currency, Helix can invigorate old workflows, and eliminate extraneous costs, which are typically felt by both producers and consumers. Business From a business point of view, Helix will incubate entirely new business models that combine the new machine and IoT economy with existing models. Furthermore, traditional businesses depending on third parties and intermediaries can be radically re-engineered through the use of the HelixTangle. The HelixPlatform facilitates peer-to-peer exchange through a value token represented by the acronym HLX. This modern and versatile cryptocurrency is used as the denomination for all value-transfer functions across the HelixEcosystem such as use cases. Wetware/Long-term Vision Helixʼ long-term ambitions go even further: We aim to replace the traditional digital storage used by todayʼs networks with breakthrough inventions from synthetic biology research, including a DNA-based molecular storage system called HelixWetware. The exciting prospect of encoding digital data into DNA (wetware), has shown that just a few grams of synthetic DNA could potentially record every bit of data ever recorded in human history.
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