HSN Vietnam AMA Summary
Last week the HSN Vietnam AMA was successfully held.
The community participated actively and the questions raised covered many topics such as the goal of HSN, our technical solutions, competitors, and the strategies of HSN adopted in the current bear market. The HSN team took every question seriously and continued to answer the questions even after the AMA was over.
View our YouTube livestream of the AMA here, and see our review on Facebook.
Here is our top 10 AMA summary
1. Could you briefly describe what is HSN in 3–5 sentences?
Hyper Speed Network (HSN) is the world’s first Public Chain + 5G Application value eco- network. The mission of HSN is to utillze blockchain to build a network security and trust mechanism for connected terminals under the 5G architecture.
2. In your opinion, what are the advantages of Vietnam to apply Hyper Speed Network’s technology best? Does Hyper Speed Network have any development plans in Vietnam in the future?
Of course we saw in Vietnam there are a lot of fields such as the bank security, 5G communication and smart city need to be developed, and which could also use the solutions of HSN. And also HSN has entered Vietnam and have a supporting group. We think there will be more probable oppetunities to cooperate in vietnam market.
3. What will integration of 5G technology with Blockchain bring?
Obviously, 5G + Blockchain=HSN, HSN will ensure data security for massive data storage resources and continuous computing power in the next 5G era. At the same time, these are idle resources that use edge nodes, and are very low cost. Ultra high-definition video surveillance, vehicle networking, artificial intelligence and other application scenarios provide basic services.
4. I saw many projects are building Blockchain combinate 5G,AI, IoT… What is the your key advantage?
HSN uses the blockchain technology to construct the network security and trust mechanism of the terminal uplink in the 5G architecture. A value eco-network system that achieves high throughput, low latency, high concurrency, and low power consumption. Multi-source information exchange that can support big data uplinks in the digital age of the future, as well as diversified asset registration, exchange, interaction and flow. A new economy that realizes the interconnection of all things, builds a data world on the chain, and contributes to information profitability.
5. In terms of hardware what do the team intend to build over the next 2 years and what area’s of IoT will this support?
At present, we have already used some products in the fields of smart home and Internet of things, such as smart lights, smart door locks, smart washing machines, etc. In the next 2 years, we will further develop our advantages in software and hardware in smart homes. The IoT field works closely with other vendors to build an IoT platform to support the access of more devices.
6. What are some of HSN major achievements and what milestones are planned ahead in the next 6 months, 1 year and 5 years?
- Further research and development. More partners and clients. According to the promise, we will release the SD-WAN technology application case, the wireless mesh network technology application case, MIFI products, the camera + blockchain storage solution and the car network + blockchain solutionSD-WAN system are already prepared, and you’ll see the MIFI products and HSN Blockchain Explorer in Q4.
- Continue the implementation of the Protector Master Node (PMN) project that we have released, and hope that community users can join and share as well as manage together, and jointly promote HSN ecology to together share the return on investment.
- We will do more promoting campaign globally, Further listings of HSN on international exchanges.
- The launch of new initiatives to support the number and scale of local autonomous communities to achieve a breakthrough development again.
We would like to thank all of our community members that joined our journey during the early days of HSN! Without your support it is impossible to grow into a globally recognized project.
7. The Hyper Speed Network (HSN) project is the fundamental public chain of the 5G era. So what are the challenges of combining blockchain technology and 5G?
The biggest technical difficulty of the HSN project over other public chains is the need to implement a unique two-tier network architecture. One of the edge networks consists of a large number of edge nodes, how to manage these nodes efficiently, and how efficient distributed computing and storage tasks are. Delivery and execution requires a very clever and elegant design. The HSN team has accumulated nearly 10 years of development experience in the IoT field and designed a system called HSN Edge Network to solve these problems.
8. The value of HSN token generated by? What is the HSN token for? What role does HSN play in the HSN ecosystem?
HSN Token is an important value carrier in HSN’s economic ecology. It is the key to the overall ecological operation. Super nodes and edge nodes act as producers to contribute storage, computing, and network resources to obtain token rewards. Application developers need to pay for HSN Token, ensuring efficient system value transfer throughout the system.
9. How did you guys survive in this long bear market and what difficulties have you encountered during this period?
Actually, cause we have our own hardwares and stable customers, we are countinuous provide hardware and software solutions to our customers, and we could earn the benefits to surpport the team and the developement during the long bear market.
10. Does HSN work with telecommunications companies to apply technology?
HSN’s subsidiary and development company TenBay IoT has signed strategic cooperation agreement with Lenovo, Quectel Wireless Solutions, MeiG Smart and Shenzhen JieShun Technology. They are all giants in communications. HSN’s subsidiary TenBay IoT will provide 5G terminal application products and integrated solutions.
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