Hashbon framework - is a universal platform for effective building any applications or smart contracts, that work on top of live public blockchains: Bitcoin, Litecoin, Dash, Zcash, Monero and others. Framework will allow to store information on several blockchains simultaneously for better reliability in automatic and intellectual way, including the choice of blockchain that currently offers better fee for storing KB of data.
In addition, it will support all major APIs, like Blockcypher, Blocktrail, Blockchain.info etc with unified interface. So you can double-check information from different sources, for better reliability. Because using only one API creates centralization, which implies high risk for business.
After creating the multi-blockchain framework - we want to use it to implement business applications. We can build a lot of blockchain apps, that will be used for business. One of the important examples is the creation of digital ecosystem for relationship between shareholders and management of public companies. Developing the framework together with real business application will make the framework more demandable and useful.
Framework provides an opportunity to create decentralized, secure and reliable applications on top on the most secured public blockchains, that have good network hashrate, and thus good protection from 51% attacks.
The development of business applications on Hashbon Framework and into public companies will make them more attractive in the eyes of investors. Consequently it will create financial incentives for management to implement, since it will increase P/E and price of stock.
Rated on Aug 10, 2018
Modified on Aug 10, 2018
Major framework to support businesses. Looks like a strong technical project that will bring together businesses using blockchain. Looking forward to the product launch
Rated on Aug 14, 2018
Wow, the concept is unique and it must be something we want to see. I am a fan of open source and blockchain so this project idea inspires me a lot. Great one.
Team has experiences in their portfolios so I am confident that the project will be a great success if it follows all set strategies.
Another great point for this ICO which is different from other projects is that its softcap is reasonable and easy to reach. I think it can be reached quickly.
Good luck to the team and I am looking forward to enjoy this multiblockchain framework soon.
We are honored to have such a strong rating from such a professional expert. Thank you for the kind words you said. We are looking forward to cooperating with you.
Rated on Aug 27, 2018
Little tricky presentation instead of a real whitepaper? No competitive analysis, no business planning, no tokenomics, just no numbers there. Potential return to investors is absolutely not clear. I strongly object that ICO paper is presented in such a sloppy way. The team seems too localised, having started too many startups recently (no focus?) and no ICO advisors available. Altogether there is too little valuable information
Rated on Aug 13, 2018
Really like your vision & the way it has been presented but still no MVP. framework will help business and there s strong technical team behind with already blockchain projects in their portfolio. Best of luck team.
Thank you for the inspiring words.
We will fix the vulnerable parts very soon.
Hope to have your opinion whenever we launch the project.
Rated on Aug 12, 2018
I familiarized myself with the team and its previous projects. I noticed that Gefarapay.com and Matbea.com , which have been established by the same team, are very successful.
The last 2 projects approximate 90,000 costumers because of their service reliability and cryptocurrency exchange rates (for buyers and sellers) in addition to 100% level of security.
I more inclined to trust teams which have real experience. That's why a new project like "Hasbon" is so exciting.
We are very privileged that you invested your time and made an extra research about our team and our successfully launched projects.
Thank you immeasurably for such a strong rating.
Rated on Jul 12, 2018
Blockchain is a revolutionary technology that has many advantages over the more traditional technologies available. These advantages include that it is fully transparent and that it is impossible to manipulate/modify/cheat. Once a record is written on the blockchain, it is there forever, fully transparent and verifiable.
I salute the vision of Hashbon and their example is greatly picked: putting financial reporting system on blockchain could be a huge step for companies in increasing their credibility.
The idea of creating a blockchain framework that will work simultaneously on top of existing blockchains seems very ambitious and hard to achieve.
To summarize, i like the idea and would love to see it realized.
For the moment, I am rating the vision with a 5 and the product with a 3, as I see no MVP yet.
Thank you for your feedback and raiting.
Rated on Jul 21, 2018
The idea of creating bitcoin/litecoin blockchain framework is really great.
Unlike 90% other ICOs, Hashbon team has real working bitcoin/blockchain projects in their portfolio, as well as repution in cryptoworld from 2014.
I like this project and team.
Thank you for your feedback and raiting.
Rated on Aug 1, 2018
Modified on Aug 20, 2018
If you are a blockchain enthusiast you cannot love this project that will allow to store information on several blockchains simultaneously for better reliability in automatic and intellectual way, including the choice of blockchain that currently offers better fee for storing KB of data.
Rated on Jul 18, 2018
Finally a project from real Blockchain Entrepreneurs. The Team showed their reliability by completing Matbea, Bitmap and Gefarapay.
For such a large team they could retain more tokens for the team to attract and keep talend in the company for the long run.
Since Coinbase seems to be able to trade security tokens in the near future, Hashbon has the chance to be one of the first movers in that space. Asset Backed + Dividends is what the future of ICOs is about.
Thank you for your feedback and raiting.
Rated on Jul 19, 2018
The rely on trusted nodes is pretty new and will avoid several problems of actual decentralized bockchain.
The team got experiences in blockchain sector entrepreneurship & they already got interesting products (Matbea, Bitmap and Gefarapay)
Security seems to be at the heart of their concern.
Really like your vision & the way you present it but still no MVP.
Thank you for your interest and positive feedback.
We are in the process of development and in the near future we are planning to launch an MVP.
There will be a link available on github with thorough description very shortly.
Rated on Aug 8, 2018
Team: Team is very strong with the proven track record of successful projects like Matbea, Bitmap and Gefarapay.
Also, I had a privilege to talk closer to few guys from a team, and they are really empathetic and helpful people.
Vision: Vision is really great which is to allow to store information on several blockchains simultaneously for better reliability in automatic and intellectual way. It will help for future projects and businesses a lot.
Product: It is still under development, but I am more than sure that it will be well working.
We appreciate such an elaborate review. Additionally, thank you for believing in us and in our project.
Our team enjoyed communicating with you very much.
Hope to keep in touch with you for good.
Rated on Jul 19, 2018
Founders have a very poor profile and they do not even mention about the project.
Blockchain is already an immutable place, so I do not really get why more blockchain should be linked to increase security.
Who will manage the framework? why should not be hacked the mentioned framework, where blockchains are referring?
To increase safety of data, every added step is intrinsecally an increase to the risk.
The founders and the team have a proven track record in the crypto industry, they have successfully delivered several projects including Matbea, Bitmap and Gefarapay.
There are several inherent problems with relying solely on an individual blockchain as a business critical component:
- Individual blockchains are liable to sudden spikes in transaction costs due to increased load (as CryptoKitties have demonstrated). Without an adequate back-up plan business relying on storing data in any single blockchain can be compromised or forced to pay extraordinary rates;
- Individual blockchains can become temporarily or permanently defunct due to various factors including actions of rouge or state actors.
To address those issues we would provide stable business-ready blockchain agnostic framework. It would allow businesses to seamlessly switch between blockchains without extra burden of making a separate project-specific fall-back strategy. It would be even possible to make project-specific data storage choices including:
- Preference of blockchains to be used
- Redundancy factor (number of blockchains to store data to)
Security is a primary concern of our project:
- Full source code will be published with thorough build instructions.
- Each release would follow rigorous internal audit. No change from any person, not even the most senior members of the team, would make to to the main codebase without code review;
- Automatic testing would include negative scenarios as well;
- Starting from the beta stage a bug bounty program would be run with hefty amounts allocated for security and data-integrity critical bugs.
As such adding an extra layer to the project would not pose more risk than using any well maintained third party open-source library.
Please do not hesitate to ask any questions you might have, we would be happy to address them in a timely fashion.
Rated on Jul 25, 2018
I like the idea of a business application based on blockchain capable to set up an information system compatible with the Resource Planning of the companies. It sounds really useful and near to the market needs. An open company is as well a really nice vision, and in theory affordable for blockchain capabilities. Looking forward to see the real product. Competent, experimented and reliable team. KYC passed.
On behalf of our team we would like to thank you for such a professional feedback.
Rated on Aug 13, 2018
Good track record in the blockchain space. Innovative and useful ideas. Only limitation is there is no blockchain product or MVP (to my knowledge) yet, and the milestones are very far in the future.
It would be nice to see on the milestones, what has been done so far, and what will be done for the rest of 2018 by the team to work towards the Hashbon product.
We are very much appreciated your feedback. We are working hard to go ahead of time. We will fix our shortcomings shortly.
Thank you for encouraging words.
Rated on Jul 22, 2018
Great team with the several developed blockchain products (crypto-exchange and wallets), i think that they are definitely for a new project. Hashbon is an infrastructure product solving Ethereum and Hyperledger/R3 consorcium products problems, looking forward to see it's impact on the blockchain development landscape. The best of luck!
We are very pleased with your feedback regarding our team and our previous products.
Rated on Jul 30, 2018
Modified on Jul 30, 2018
-A great novel idea from good experienced team backing the project (KYC passed).
-Switching between blockchains for enterprises will be really interesting and that too if it can be done seamlessly.
-Focus on security and reliable Blockchain offering.
-Well worked out Tokenomics and financials
-No MVP available
-Roadmap doesn't provide timelines for milestones
We appreciate that you pointed out at our advantages. Moreover, thank you for emphasizing our shortcomings. We are working hard to improve them. Very shortly, on our website (hashbon.com) will be a link for MVP available (beta version).
Rated on Aug 20, 2018
Sounds like a great idea. Very ambitious however but the team seems to have a good track record and can probably pull it off. I can see how the universal blockchain framework can used by enterprises and test things out quickly. I am interested to look at the MVP and test drive that when its available. Good luck!
Rated on Aug 8, 2018
i would say with so many copy cat ideas that flooded the ico world, Hashbon idea is nothing less than great. They have a solid team, great idea.
It would be better if they can provide video demo of their product
We are delighted to have your opinion. We are constantly improving the project. Very soon you would be able to test it out.
We will not let you down.
Rated on Aug 19, 2018
I think we are living in the era of sharing economy, be it Uber, Airbnb, or Amazon. Working towards and catering to the needs of Users is the center focus. If you apply similar ideas, we get Bitcoin and other big Blockchains which are facilitated by the Hashbon Blockchain architecture will enable user to have freedom to use Blockchain specific to their need.
Team have previous experience and proven work record with Minimum Viable Product to show s the Proof of Concept. I find this idea to be better than the rest.
Considering the developer focused product will open up a huge market for Hashbon.
Rated on Jul 26, 2018
This was a tough one to rate because there's a few conflicting elements; if it weren't for a potential (probable) instance of plagiarism in the white paper, I likely would have rated it higher.
First of all, the idea for a multiblockchain framework for business and enterprise customers makes sense and the game plan has potential. I also like that the team behind it has allegedly built and released some applicable software constructs in the blockchain space -- that modes well for the feasibility of the project actually reaching fruition.
The pricing of the token for the ICO and the hard/soft caps are all reasonable, which rates favorably for me, as well.
What is a huge strike against the project for me, though, is the fact that an entire section of the white paper seems to be plagiarized from other documents. To me, that's a sign of either laziness or (worse) malice, neither of which is a good thing for building trust within a project. It's things like this that foster doubt of whether or not the team behind it actually built the software they claim to have produced and whether or not they are actually capable of developing this framework.
I reached out to the team on the 24th seeking clarity on the white paper and reserve the right to update my review/score pending the response.
For reference, the white paper section of merit is titled 'A common platform for communication between the company and its shareholders' and these are two of the source papers where the information was copied from:
Corporate Governance Commentary: https://www.lw.com/thoughtLeadership/rules-of-engagement
Harvard Law School Forum:
Thank you for your criticism. We want to point out that our idea has no analogues and the way of pioneers is not a simple one. We really missed attaching the link to the first source in the quote. This quotation was taken from the research and it confirms that our product is necessary for business.
Soon we'll publish an updated version of whitepaper that mentions the original source. Will let you know.
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Creating a blockchain framework;
Integration with open blockchains - Bitcoin, Ethereum, Dash, and others;
Integration with services like Blockcypher, Blocktrail, Matbea.net and others;
Development of business applications based on the blockchain framework
Creating a platform interface;
Setting up a system for exchanging data with ERP systems and integration with the blockchain;
Creation of financial, economic and logistic reports. - Implementation and launch of the platform for an open company to collect real data;
Expansion of the platform's functionality:
Implementation of voting and consultation system;
Organization of shareholder's general meeting;
Formalizing formal requests to the top management of the company.
Use of blockchain to provide depository accounting of various types of financial instruments, including bonds, shares;
Record of the transfer of rights to them when making deals.
Obtaining the necessary licenses and certificates of conformity
Further development of the platform and creation of new business applications.