HiveNet Blockchain Economics

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HiveNet’s Ecosystem is driven by the HiveCoin

HiveCoin is cryptocurrency, which is guaranteed by blockchain technology and will meet the criteria mentioned above. As such, HiveNet participants can count on a fast and secure economic system, which does not generate transaction costs HiveNet will also ensure that HiveCoin can do both serves as a store of strong value as well as benefiting from price pressures that increase through ongoing use of HiveNet

HiveCoin is a potential individual computing power provider each spread all over the world. How can payments be made efficiently
HiveNet will allow decent profits for individual computer owners and many desired cost reductions for customers

The HiveNet ecosystem is based on the inherent and fundamental cryptocurrency, HiveCoin. Supported by blockchain technology, HiveCoin will be a fast, flexible and secure payment system, which will be free of transaction costs and not be hindered by national borders. Computer owners receive their prizes without paying intermediaries, such as banks, or waiting for long processing times. HiveNet Blockchain will be secured by the highly efficient Evidence-Stake consensus mechanism

Customer
is a company, university, or other organization and individual. They chose cloud computing services because they valued flexibility, reliability and cost efficiency compared to setting up specialized computing centers. The customer requests computing
turn on the HiveNet platform and pay for the services received

Providers
are individual persons or companies, who offer computing power in the HiveNet. The computing power is utilized to perform computing tasks for customers. Providers are rewarded through a fair share of customer payments. With the HiveNet client software any computer owner in the world could be a provider and convert the idle times of their computer

Stakers
is the owner of HiveCoin who uses the HiveNet client to have their computer act as a node. They save a copy of the HiveNet Blockchain, give this copy to other users and participate in making new blocks. Because the Proof-of-Stake consensus mechanism is applied, acting as a node will be very efficient and only requires very little computing power. Staker was awarded the newly printed HiveCoins block prize. Every HiveCoin owner, who has a computer with access to the internet, can be more resilient

HiveNet Ecosystem

Customer Payments
Customers will only pay for computing power, which in fact They will pay with HiveCoins or for their convenience which is automatically exchanged into HiveCoins on digital currency exchange. This will generate ongoing and fundamental requests for HiveCoins and will ensure default values.

Provides computer power
Computer owners will provide their idle computing power and will be rewarded through a fair customer payment section. Accurate payments will be ensured and automated with the Application Prize Provider.

Trade and Use HiveCoins
Like other cryptocurrency, HiveCoins will become tradable through digital currency exchange. Too, we will issue a debit card and enter it widely using an online payment system, such as PayPal. With this, HiveCoin owners will be able to use their HiveCoin savings to pay countless amounts locally and online shop. In this way, HiveNet will allow mass public adoption.

Stalk HiveCoins
HiveCoin owners will be able to bet it HiveCoin savings to extend and secure HiveNet Blockchain. With this, the staker maker will do it
accept the newly printed HiveCoins, which will resulting in ongoing returns on their HiveCoins

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