Hessian Network - Collaborative Intelligence platform and data economy
Hessian 1: A Hessian Matrix is a matrix that holds second partial derivatives of a scalar function or field ,used extensively in deep learning an machine learning
- Current Achievements
-
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,so we bootstrapped it ourselves to be able to commit to it and deliver before deadlines,we decided to perform a small presale to raise enough funds for the project expenses , the next milestone is Helium and will be achieved on January 2018 .
- Token Specs- Token Name :
Hessian Network- Token Symbol :
HNT- Token Specification : ERC20 Token on the UBIQ Blockchain
- Token Supply :18.000.000
- Token Decimals : 6
- Token Contract Address : (To be published after audit)
- Ubiq Platform: We are happy to say that we choose to deploy our platform on the Ubiq blockchain because of it's more mature codebase ,FLUX and no orphaned blocks ,Ethereum is now clogged because of the "cryptokitties" and this shows that Ethereum is not ready to scale and be good for our needs + there thousands of tokens on Ethereum we think that taking the initiative and deploying on the Ubiq platform is just more ideal and better .
- Airdrop & Presale Information
The airdrop will run for 3 rounds
The non air-dropped token will be burnt .
The distribution :
- 6 % for bounties & project expanses
- 5 % for developers
- 80% for investors
- 5% to be held by the oracle smart contract .
Airdrop Form : is on Twitter & Telegram group
-Presale:
Presale Form : is on Twitter and Telegram Group
We tried to evaluate the costs of the project and decided to perform a small presale and
please note that the airdrop applicants will still receive their tokens :
Details :
The presale will follow an just supply auction method where each person is only allowed to buy a predefined amount of tokens and only two value bids are allowed this way no centralized party can buy all tokens or be a majority holder .
The token sale will be manual where each person fills a form and pays his bid the distribution phase will then happen and each bidder will receive his tokens .
We have employed a simple classifier to classify bidders so as to prevent spam,double bidding,we already did this on the airdrop form to ban people who double or triple applied ,you can see the current list of applicants on our github page.
- Min Cap : 75 ETH
- Hard Cap : 175 ETH
- Bid Value : 0.1 ETH or 0.5 ETH or 1 ETH or >
- Token pricing : 5000 HNT per 1 Ether
P.S : Any non-sold or non-airdropped coins will be burnt ,this way we only preserve tokens held by the Oracle contract,Investors,Airdrop Applicants and the Developers
-Exchanges
- Etherdelta,IDEX as soon as the audit is completed and contract is published and tokens are fairly distributed between the investors and airdrop applicants
- CoinMarkets
- Mercatox
- Tidex
- Bittrex
Community based Intelligence service for trading predictions :
Our first competition on the platform is a signal trading app we will publish a tutorial for starters (how to perform machine learning) and publish data of crypto currency prices ,
The models submitted by the users including ours will provide a platform called Hessian Well with "intellgence", this platform will provide a trading signal service to traders and token holders you will be able to stake your Hessian Tokens in a model of your choosing or even your own model and be paid whenever your model made a right prediction about prices .
Whitepapers -
- 1st Whitepaper : A P2P Platform for encrypted deep learning Helium Milestone (Dec 2017) Released Link : https://github.com/hessiannetwork/whitepapers/blob/master/Hessian%20Network%20_%20An%20Open%20Platform.pdf
- 2nd Whitepaper : A Decentralized Application for data science competitions -Jan 2018
- 3rd Whitepaper : Latensor a encrypted deep learning library with dynamic operations on encrypted data . -Feb 2018
Bounties:
-
Russian Translation reserved and finalized .
- Community Manager : you will manage our community platforms mainly pushing updates,answering questions ...
- Developers : You are welcome to bring your skillset and talent !
- Signatures .... to be discussed in a separate thread .
In today's world the amount of data generated by companies,people is about 2,500,000 Terabytes source but only 0.5 % is analyzed 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 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 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 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 ,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 ? : 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 .
Infrastructure of the platform :
The platform is composed of 4 Smart Contracts ('seers') and one Dapp (Front End) this is the final version of the platform :
- 1st Contract is the Privacy Oracle : The Oracle verifies that each bit of data is encrypted by verifying a the structure of the data submitted to IPFS
- 2nd Contract is the Validator Oracle : For example Company A submits a dataset , each participants who submit a model will be paid ,if a certain set of rules is validated (preventing synthetic models,a useless or fake models, in other words a model has to pass a threshold and a consistency check before it's considered valid)
- 3rd Contract is the Distributor Oracle : Person A seeks to train a model X but doesn't have enough computation power,the oracle will distribute his model around the network ,Person B can train Person's A model and get paid for it after passing the validator oracle
- 4th Contract is Token itself .
P.S::
The Architecture is very complex but no worries we will present the whitepapers with all the details ,you can also visit our blog for continuous updates and explanatory articles .
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
Visit our Blog : https://medium.com/@HessianNetwork
