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RCO NEWS Daily world news agency Based on Dubai, UAE > Blog > Technology > cryptocurrency > What is Hyperpro? Web3 artificial intelligence network for digital currencies
cryptocurrency

What is Hyperpro? Web3 artificial intelligence network for digital currencies

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Last updated: 2023/07/24 at 9:06 AM
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Contents
What is Hyperpro?History of Hyperpro Objectives and features of HyperPro Creating neural networks based on artificial intelligence Protecting data privacy with the help of smart contracts Increasing the participation of artificial intelligence users Applications of hyperpro artificial intelligenceAutomatic analysis and trading Hyperpro Decentralized Market Real estates Tourism token HPOHPO token pre-purchaseTotalTheclassification

The Hyperpro AI platform is one of the leading projects working on a combination of blockchain and artificial intelligence. The emerging HyperPro AI Network strives to create a new framework that allows users to access decentralized blockchain-based applications and AI tools on a single platform.

The two emerging technologies of blockchain and artificial intelligence are rapidly evolving and developing in separate directions. The achievements of each of these two fields alone can create fundamental changes in our lifestyle, work and thinking. However, there are also projects that integrate two separate technologies, blockchain and artificial intelligence, and by using the advantages of each, they provide tremendous capabilities to various industries. Hyperpro is one of these projects.

In this article, we first examine the structure of the Hyperpro protocol and its functions and features. Then, we will briefly explain the applications of this platform in various industries, and finally, we will get to know more about the native token of the mentioned platform, that is, HPO. Stay with us until the end of the article to learn about the different angles of the Hyperpro AI protocol.

What is Hyperpro?

Hyperpro AI (Hyperpro AI) is an open and decentralized network in the Web3 space that combines blockchain and artificial intelligence technologies. The purpose of this integration is to create a decentralized blockchain system with artificial intelligence capabilities. Providing a complete set of DeFi tools and applications using artificial intelligence is also part of the vision and mission of this platform.

Hyperpro offers new features and methods for investing and earning crypto, which can add to the attractiveness of combining blockchain and artificial intelligence technologies. In fact, with the help of Hyperpro, digital currency enthusiasts can discover the capabilities of artificial intelligence in addition to generating income.

Read more: digital currencies in the field of artificial intelligence; Get to know the most popular AI coins

Also, blockchain technology allows the artificial intelligence industry to grow in an open ecosystem with interactivity, instead of the current closed space. In fact, Hyperpro Protocol invests in the development of both blockchain and artificial intelligence industries and provides these technologies to its customers with enterprise-level features.

History of Hyperpro

The Hyperpro AI platform was launched in late 2022 on the top DeFi blockchain, Ethereum. In the first quarter of 2023 (Winter 1401), the development team completed details such as the project’s white paper and website. The mentioned project is now (early summer 1402) in the pre-sale stage of the native HPO token. It should be noted that the road map of this dynamic project includes the supply of assets such as non-standard tokens and the listing of HPO in various exchanges.

Although HyperPro is built on top of Ethereum, the protocol plans to reduce its dependence on the Ethereum blockchain in later stages of development. To this end, the HyperPro development team has decided to migrate from Ethereum’s proof-of-stake algorithm to a type of proof-of-credit algorithm. The purpose of this infrastructure change is to allow working on different blockchains and reduce the concerns of developers and hyperpro users about the heavy fees of the Ethereum blockchain.

In addition, HyperPro uses methods such as off-chain payment channels and smart contracts to reduce network transaction fees. As costs drop, more AI companies are joining the protocol to take advantage of HyperPro’s computing power. A part of the income from these collaborations is awarded to the network nodes. This source of income, along with the reward of the network algorithm, can provide the necessary motivation and incentive for the powerful and honest performance of hyperpro nodes.

Read more: What is the relationship between artificial intelligence and digital currencies?

In this section, it is necessary to mention that, apart from the image below, detailed and complete details of the history of Hyperpro development team members are not provided on the official website of this project.

Image available from the Hyperpro development team on the main website of this platform

Objectives and features of HyperPro

One of the important goals of HyperPro is to provide safe, private and low-cost computing power for various industries that intend to use artificial intelligence tools for their development. HyperPro’s decentralized framework creates a smooth path for Web 3 development and allows markets and industries as diverse as tourism, real estate, gaming, and communications to use machine learning and artificial intelligence applications.

Three important achievements of the combination of blockchain and artificial intelligence in the Hyperpro protocol are:

Creating neural networks based on artificial intelligence

Hyperpro uses blockchain technology to enable artificial intelligence-based neural network mechanism. Blockchain can distribute and process various operations in a distributed manner in global wide networks. In addition, compared to setting up single servers, blockchain can reduce network management costs by 70% with the help of neural network servers managed by users.

Protecting data privacy with the help of smart contracts

Hyperpro uses advanced smart contracts to protect data privacy. Thus, data providers can benefit from optimal and secure privacy. Privacy protection is critical in advancing AI-based products; Because it helps developers to build powerful AI and machine learning based models and algorithms with peace of mind about data privacy.

Read more: Artificial intelligence, machine learning and blockchain: tools to increase trust in data

Increasing the participation of artificial intelligence users

With HPO’s native currency token economy, HyperPro provides a space for greater access to the growing community of AI users. These users include a wide range of developers, higher education institutions and universities, computing power providers, small and medium enterprises, financial institutions, data providers, etc.

Applications of hyperpro artificial intelligence

Significant achievements from the combination of artificial intelligence and blockchain will help Hyperpro to make its way into users’ daily lives. This project can help projects and tools and products based on artificial intelligence to access the necessary computing resources. Some of these applications are:

Automatic analysis and trading

Artificial intelligence and machine learning technology help traders recognize and analyze patterns and trends in digital asset price charts faster. Thus, traders, even those who do not have a complete understanding and knowledge of the markets, can make better decisions in their investments and follow the ups and downs of the market more easily with the help of automatic trading strategies.

Read more: 4 ways artificial intelligence can be used to increase profits in investments

It should be noted that HPO native token holders also have access to numerous tools that make successful market trading possible. These include the strategy creation feature and the possibility of backtesting (testing the strategy according to historical market data) and automated bots based on artificial intelligence.

Hyperpro Decentralized Market

Decentralized markets are among the top innovations that have been created and grown with the development of blockchain technology. Hyperpro AI also offers its products through its AI marketplace, which includes all the services available on this platform. The smart contracts of this market also establish the necessary connection between on-chain and off-chain data.

It should be noted that with the help of wallets such as Metamask, the users of this market benefit from the services of the Hyperpro decentralized market and its artificial intelligence services and can even rate the services provided. In this context, HPO native token holders can enjoy special services.

Real estates

Hyperpro users can also earn passive income from buying and selling real estate. This protocol provides many decentralized solutions and tools to its users that help people with minimal capital experience transactions similar to institutional investors.

Similar to other HyperPro applications, HPO token holders have access to premium options that are only available to institutional and micro investors with large capital. These options include fractional ownership and market data and automated trading to earn money.

Tourism

Hyperpro artificial intelligence is trying to change the future of tourism with the concept of “travel to earn money”. With the help of this artificial intelligence protocol, tourists can discover new tourist attractions and enjoy being in a new environment. Additionally, upon arrival at any destination, travelers can receive token rewards that can be exchanged for fiat currencies.

It should be mentioned that Hyperpro artificial intelligence operates in many industries such as finance, health and education and provides many services for daily activities to its users.

token HPO

The functional and governance token native to the Hyperpro platform is called HPO and is built on the Ethereum blockchain with the ERC20 standard.

HPO digital currency is the main fuel of this protocol and all Hyperpro transactions are done with the help of this token.

Also, as we mentioned in the applications section, Hyperpro digital currency holders can enjoy special services that are available to regular users of the platform.

HPO digital currency has a fixed supply of 2 billion units, of which 50% is offered in pre-sale or initial supply. 10% of the total supply is used to provide liquidity and 20% is sent to the wallets of loyal users as a staking reward. In addition, consultants and marketers and participants in the governance of the network will enjoy 2, 5 and 10% of the token supply, respectively.

The Hyperpro development team has also talked about allocating 3% of the token supply to airdrop events. HPO holders can participate in decisions and targeting and changes of network parameters. In addition, the possibility of staking HPO digital currency and receiving staking rewards has been provided for the buyers of this token.

HPO token pre-purchase

Currently (early summer 1402), the website of the project manages the second phase of the token pre-sale and allows users to exchange Ether, Tether and Binance Coin digital currencies with HPO currency by connecting a wallet like Metamsk to the network.

After the end of the pre-sale, users can go to the Hyperpro project website and withdraw their purchased tokens by clicking on the “Claim” option and paying a small fee. According to the Hyperpro team, users who buy the token in the presale will benefit from a 20% discount.

This article is written solely to familiarize readers with the HyperPro protocol and HPO digital currency and should not be considered as investment advice or advice in any way. Before any action to invest in the digital currency market, you must first research the project in question by referring to various sources.

TotalTheclassification

Hyperpro AI or Hyperpro artificial intelligence is an innovative project that tries to facilitate access to artificial intelligence-based services in the real world by integrating blockchain and artificial intelligence technologies and creates a new window for the expansion of Web3.

Everyday activities in various industries, including real estate transactions, data analysis, automated trading, stocks, gaming, tourism, healthcare, education, and real estate market, are just some of the applications of the Hyperpro protocol.

According to the Hyperpro development team, the HPO digital currency, which is currently in the pre-sale stage, will provide the necessary incentive to continue the transparent operation of the network. However, the HyperPro AI protocol is still not widely used and accepted; Therefore, it is not possible to speak with certainty about the impact of this project on the development of blockchain and artificial intelligence technologies.

Also, as we said before, the official website of Hyperpro does not provide enough information about the members of the development team of this project and the technical history of each. All in all, it can be said that HyperPro is an emerging platform with ambitious promises that only time will tell how well these promises will be fulfilled.

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TAGGED: artificial, currencies, digital, Hyperpro, intelligence, network, Web3
RCO News July 24, 2023 July 24, 2023
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