HashNET: Semi-annual retrospective
An overview of all important activities for HashNET since the mainnet launch
June 30, 2019: HashNET mainnet officially launched
This represents one of the most important milestones for Tolar HashNET. After hard work for the past couple of years, we have officially launched our mainnet as of June 30, 2019. We are confident to say that our mainnet is now one of the leading in the world, as the closest competitor with similar features have been demonstrating not more than 10,000 transactions per second.
Tolar HashNET has also been recognized as a fast distributed ledger solution in supporting UN’s Sustainable Development Goals (8,9,11 and 12) by UN’s Economic and Social Council, in the document Blockchain in Trade Facilitation: Sectoral challenges and examples. It was used as one of 15 use cases highlighted in Blockchain “white paper” as Sustainable, Scalable and Fast new generation of blockchain technology suitable for public and private services.
July 9: EU Blockchain Partnership meeting
Tadej Slapnik attends meetings of European Blockchain Partnership technical and policy group in Brussels, where they are setting the grounds for building European Blockchain Service Infrastructure. According to our plans European Union will launch Version 1 of European Blockchain Service Infrastructure in February 2020 to become the first cross boarder blockchain infrastructure in the world.
July 10: Pact for Impact Summit in Paris
Tadej Slapnik participated as a speaker at @Pactforimpact Summit in Paris. In his keynote speech: “The transformative role of blockchain to achieve the @SDGoals ” he shared potentials of blockchain technology to achieve SDGs on the field of social economy and social innovation.
He also shared potentials of HashNET — 4.th generation blockchain technology to achieve Sustainable Development Goals on the field of social economy and social innovation.
October 7: Confcooperative Lombardia conference
We participated at Confcooperative Lombardia conference at Villa Arconati in Milano and shared potentials of Blockchain technology for social economy enterprises in Europe.
October 11: Cooperation between China and Central and Eastern European Countries plenary session
As a member of Slovenian delegation, Tadej Slapnik participated at the Cooperation between China and Central and Eastern European Countries plenary session thematically focused on blockchain technology in Bratislava. Together with Nena Dokuzov from ministry for economy and ambassador Gregor Kozovinc, he joined government representatives, companies and academia from China and 17 eastern European countries to discuss possibilities of establishing a China-CEEC Blockchain Center of Excellence and multi-stakeholder collaboration in development of national and cross-border blockchain service infrastructure, where Tolar HashNET can significantly contribute with our 4th generation blockchain technology.
October 18: European Economic and Social Committee section meeting in Brussels
During the European Economic and Social Committee section meeting in Brussels, where Tolar HashNET representatives were present, the opinion: “Blockchain and the EU Single Market: what next?” was adopted by no voice against. Congratulations to rapporteur @ArianeRodert and to all progressive ERSC members.
October 30: HashNET used as an example of low energy consumption blockchain by the European Economic and Social Committee.
During the plenary session of the European Economic and Social Committee, the opinion for “Blockchain and the EU Single Market: what next?” was adopted. In this opinion prepared by rapporteur Ariane Rodert, Tolar HashNET was used an example of blockchain solution with low energy consumption. The document advocates important activities of the new EU commission and EU states in the area of blockchain technology.
“The proof-of-work consensus mechanism is highly energy consuming. With the development of the alternative proof-of-stake consensus mechanism, this important environmental sustainability issue can be resolved. Solutions already exist which must be shared and fully applied” (EESC, 2019, p.8). In this section, Tolar HashNET has been used as an example of sustainable and energy low consuming blockchain. You can read the full document here.
November 14: Croatian Telekom installs HashNET tech in its data center
Big news for Tolar — HashNET started cooperation with Hrvatski Telekom (HT) and where our tech was installed in their data center in Zagreb. In the next 6 months, HT is planning to research useful applications of our tech with their business users, government, and further uncover internal uses of blockchain technology.
November 15: Opening of Croatian Telekom’s (HT) Business Showroom in Zagreb
Tolar HashNET participated at the opening of Croatian Telekom’s (HT) Business Showroom in Zagreb. The new Business Showroom is designed to showcase all tech innovations developed by HT and its partners. As partners, our team presented the HashNET technology.
November 18: HashNET at the Shift Money Finance Technology Conference in Zagreb
Tolar team was present at the Shift Money Financial Technology Conference, deigned to explore new ways to disrupt the world of payments, insurance, lending & blockchain. Our CTO, Josip Maricevic, presented “The future of DLT and its applications in the financial sector”, to more than 1,000 participants from the financial and technology sector.
December 11: SIChain: making Slovenia the first country in history to launch a blockchain test infrastructure — Powered by HashNET and Telemach
Tolar HashNET, in cooperation with Telemach, leading Slovenian telecommunications provider, have launched a SIChain, making Slovenia the first country in history to establish a blockchain test infrastructure. The official launch took place in Ljubljana on December 11, 2019.
SIChain will enable the testing of existing and new blockchain applications for public and private sector as Tadej Slapnik, director of HashNET Slovenia emphasized. Read more about these great news!
Information about token swap
We will be executing token swap in 4 phases with the main goal to increase security and make sure there are no security issues (more info here). While there are still some bugs left over from phase 1, that our team is working on right now, we will be progressing with phase 2. So if you’d like to participate as well, you should apply at info@tolar.io. If you’ve already completed KYC with us, then that is all that is required, and if not, you’ll be asked to fill out a registration form. Selected participants will be able to swap their ERC20 tokens for native Tolars and use them to make transfers on the mainnet.
