Bitcoin Forum

Xenon Milestone is complete we have published the first linear model trained on encrypted data .
Github Repo :  https://github.com/hessiannetwork/milestone-poc-alpha
With this milestone reached we have decided to start our initial offering to the community :
The project won't need millions to start running,but we need funds to recruit more developers,provide bounties ... this put us in a very difficult situation .
We decided to perform an ICO with a min cap of 100 ETH and a hardcap of 1000 ETH these will be stored in a fund and blocked there until we release Helium milestone .
The helium milestone will be released in 1 month : 21 december .

The ICO will run for 10 days in case if the min cap is not reached we will refund all investors .
The non sold token will be burnt .
The ICO distribution is very simple :
- 10 % for bounties
- 5 % for developers
- 80% for investors
- 5% for the initial competition we will hold .

Whitepapers :
- 1st Whitepaper : A P2P Model for federated deep learning and distributed gradient updates
- 2nd Whitepaper : A Decentralized Application for data science competitions
- 3rd Whitepaper : Latensor a encrypted deep learning library with dynamic operations on encrypted data .



 In today's world the amount of data generated by companies,people is about 2,500,000 Terabytes source (https://www.ibm.com/blogs/insights-on-business/consumer-products/2-5-quintillion-bytes-of-data-created-every-day-how-does-cpg-retail-manage-it/) but only 0.5 % is analyzed (https://www.technologyreview.com/s/514346/the-data-made-me-do-it/) that means there's an huge amount of data that goes lost,sold,or left without being touched that 95% of insights companies are loosing everyday .

• Kaggle (https://kaggle.com) is a platform that links companies with data scientist , companies submit data and offer a prize to whoever solves the problem they put ,the prize pool is small and most big companies in finance for example don't want to submit it because it's expensive to collect and analyze and offering it to the public is to them offering an edge to others in other industries like healthcare the data itself is sensitive thus they can't profit from the insights a user from China for example can provide .
• Numerai (https://numer.ai) is a hedge fund that offers encrypted data to data scientist and when the hedge fund makes money payouts goes to the top 100 .
• Hessian Network (https://hessiannetwork.github.io) is a new platform that aims to fuse the two and offer an amazing alternative to both .

Why ? : To answer this question we need to discuss the privacy ethics of data sharing ,in some industries (Healthcare,Military,Finance,Tech,Commerce...) data contains sensitive information and only the team that works on it can perform analysis and find some insight that helps solve a problem for example patients data is very sensitive and only a data scientist working at a company X can work on it and the crowd is always better .To solve this problem Hessian Network proposes homomorphic encryption (https://www.wikiwand.com/en/Homomorphic_encryption) ,an encryption that has a very special property structure preservation that means you can encrypt two numbers perfom any math on them (addition,multiplication ...) and the decrypted result is correct this way one user from anywhere can use a Neural Network or a Machine Learning Algorithm to either provide predictions or classify a sample and help the data provider .
This kind of encryption will permit companies and anyone to share his / it's data in a privacy preserving way and the users can choose to collaborate or compete extract valuable insight and get paid for it .

How  ? : Hessian Tokens are ERC20 tokens they're used to unify first streamline payments and unify the operations under one currency that can be exchanged and withdrawal anytime anywhere at the same time it will be able to offer a larger prize pool thus more payouts to contributors .

And ? : You might be asking "dev why are you posting a poll" , well we the small group behind this project we don't know how to start it we are leaning towards an airdrop to give an opportunity to everyone , but the idea of an ICO is at the same time interesting .
Since this project is an open organization one where anyone can contribute and we welcome you to contribute any way you can or want .

This project seeks to provide a trustless platform that aims to be a decentralized application where data is encrypted,safe users are anonymous and payouts are immediate and secured the blockchain structure provides the primitives to build a truly open competition that aims to help the world & companies & people alike .



This poll will run for 7 days after the results are seen we will make a new announcement and make things official (release whitepaper and token distribution ,submit to exchanges , release wikis and helpful learning materials and open sourcing some of the code .).

P.S :
- The first 5 competitions will be hosted by us data provided by partners  .
- We will keep a certain amount of tokens for NGO's and other open organization ( for example if UNICEF would like to run a competition) the payments to the data scientist will be from this fund we truly want to make the world a better place .
Meanwhile if you have any questions or want to join the community  :
Follow us on twitter : https://twitter.com/hessiannetwork
Join us on telegram :  https://t.me/hessiannetwork
Visit our temporary website : https://hessiannetwork.github.io

I voted ICO because frankly this seems an extraordinary project and quite useful unlike the other shit around .
Good luck dev hope this goes well

If start have price high, in the next future the hessian will be have price is very big
,,, 🙏

Done for image quality. 😆

Frankly speaking, this project looks extra-ordinary. Dont start with an extremely low price else you sabotage this project, looks very promising i must say!


Goodluck!

I do not think all of the overlooked information is important.
But certainly there must be valuable things for us in those.
Please find it and let us know.
I look forward to the future of this project ;) ;)

Ethereum is very difficult to join ICOs at this price. But I will invest in ICOs.

The project looks very promising.I m very happy to join the project.Goodluck dev team for further development.

You are working on an innovative project, I'll be glad to be part of it. Good luck