Through the Internet of things, blockchain technologies and smart contracts, a global halal product ecosystem is established to regulate halal food industry certification system, which aims to trace Halal food, medicine and cosmetics at it's respective origin.
What is HashNET? HashNET is a scalable, fast, secure, and fair decentralized- beyond blockchain project, leveraging Distributed Ledger Technology (DLT) and consensus algorithm which keeps all positive characteristics of a blockchain technology while increasing throughput to more than 200,000 transactions per second. Network is using Proof-of-Stake with masternodes, which eliminates the need for a massive energy consumption.