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.
Why Faceter is the next big thing? In next 3 years over 1 billion cameras will be installed across the globe, producing petabytes of video recordings daily. Faceter is designed to perform big data video analysis in realtime – extracting faces, objects and events resulting in the transformation of these meaningless recordings into meaningful assets.