HyperCapital Hong Kong Community Meetup Event
- Hyper Capital announced the formal recruitment of 300 nodes to jointly promote POAR (Proof of Alliance Reserve), a new community consensus, and the infrastructure for Convertible Digital Bond (CDB).
- Hyper Capital announced “HyperLand”, a state of the art incubator for blockchain projects which will be funded by its Universal Currency Reserve (UCR).
The Hyper Capital Community Meetup was held successfully in Hong Kong on September 16 at The Kimberley Hotel. The event saw a strong crowd of 300 key leaders of the Hyper Capital community and was graced by early bitcoin investor, chairman of Bank of China Holdings, BGL Co-founder Ryan Xu as well as HCash CEO Adam and CMO Andrew, who shared important information on HCash’s efforts, achievements and technology development to date.
Entering a New Blockchain Era
Guests gathered to witness the launch of Hyper Capital, during which Marketing Director Qiu Jianhui announced the establishment of a new innovative community consensus model POAR (Proof of Alliance Reserve) to drive community development for the Hyper Capital community. This will allow communities to pool resources into a Universal Currency Reserve (UCR), a “blockchain federal reserve” governed by 300 nodes that will be used to enhance community and ecosystem development plans. The new consensus mechanism upgrades and builds upon the traditional bond market to create an infrastructure for CDB (Convertible Digital Bond) that allows the platform to issue convertible digital assets. Community President Dr. Shen added that the central reserve pool will fund “HyperLand”, a state of the art incubator for high quality blockchain projects. Jay, Operations Director of LGT, the first project from HyperLand was at the event to share the benefits the team enjoyed, building their project on HC’s public chain.