HAPI Protocol (HAPI)

What is HAPI Protocol?

HAPI, the new privacy project to be launched in 2021, provides a set of cross-chain smart contracts designed to provide real-time data on the amount of funds that are stolen. stolen and compromised wallets. As a network security layer HAPI prevents and notifies entities in the HAPI Protocol's network of potential threats such as money laundering (ML), hacking, and other unauthorized transactions.

Outstanding features

Unlike other projects like InsurACE, HAPI secures the blockchain at the smart contract level. The deepest level of the project, and HAPI is currently the first platform in this direction.

HAPI works with the model:

Machine Learning + Oracle + DAO = First Security Oracle

(Machine Learning + Oracle + DAO = Secure Oracle)

The indisputable advantage of HAPI is its on-chain approach. All existing solutions that work in a similar on-chain manner are centralized systems like CEX exchanges (Binance,Huubi) and expensive to operate.

Hapi works in its own way, it directly embeds its smart contracts into the project, becoming an instant notification and warning system that prevents attacks on the system, anti-money laundering and reduces the risk of money laundering. reduce potential losses.

HAPI is essential in preventing serious attacks on the system. One can think of HAPI as a system that instantly responds to nefarious activity and promptly notifies the network of all entities connected in the protocol about the attack. Entities in the system will have enough time to react to the attack and blacklist the address, blocking it from the platform. Thereby ensuring the safety of the platform.

HAPI.'s system integration capabilities

• Centralized Exchange (CEX). Centralized exchanges represent the first means of attack and money laundering that hackers seek to exploit. The HAPI protocol can be seamlessly integrated in any CEX and is designed to be easy to adapt, configure, and interact with; represents a unique case of decentralized security equivalent to solutions managed by an organization.
• Decentralized Exchange (DEX). Decentralized exchanges are poised to go beyond the reach of traditional security measures and thus create a one-way street for money launderers and black hat hackers to flood dex exchanges in a way. indiscriminate. The proposed HAPI solution relies on and retains the decentralized aspect while supporting it with AML (anti-money laundering) properties that prevent hackers.
• Cross-chain Bridges. Today's modern crypto environment requires an interoperable active connection between blockchains. Currently, we have a multitude of bridges that allow the transfer of assets between multiple platforms. But this also creates a potential vulnerability for malicious actors to disrupt, obfuscate, and continuously run money-laundering activities. For example, the recent ChainSwap hack resulted in the loss of $800 million in users.

To counter that, the HAPI Protocol can be effectively integrated into major endpoints or bridges to notify the system of a hack/exploit that has occurred, essentially blocking the ability to transfer token assets to other blockchains.

HAPI is targeting an untapped, yet very important niche in the next phase of the digital currency era.

The biggest aspect of HAPI that distinguishes it from other cybersecurity-centric projects is its focus on a comprehensive system of anti-money laundering, eliminating the circulation of malicious funds by establishing a system for The network system notifies all entities within it of the threat.

The HAPI protocol is a publicly distributed SaaS (software-as-a-service) solution that allows any project to integrate HAPI regardless of the scope and use of the project's existing database without without any problems. Essentially becoming the foundation of a secure and wallet address database aggregator that keeps every entity in the network up to date on possible illegal activity.

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