Introduction

There are many web platforms today that are not bothered about the unsatisfactory performance of Web 2.0 such as lack of security, lack of privacy, and other associated risks, talk less of supporting or providing tools for the development of web 3.0, which is the next type of Web technology. Our current web type, web 2.0, basically facilitates online socialization which has rapidly become a new way of networking, making friends and collaboration. It facilitates posting of one’s sensitive data on the web, exposing ones privacy and making ones data vulnerable to be used without the owner’s consent/permission. While socialising in itself is not bad, however, it is an easy way to become a victim of malware.

Web 2.0 enables posting of different views and opinions and therefore making rival groups to post negative comments of each other/about other companies. This makes the public confused and, therefore, creates falsehood and lack of trust. It facilitates posting of false identity of individuals/companies as well as many spammers. This makes the internet full of unreliable information, and in most cases, with malicious intention to confuse and defraud people.

Hexhash stands out among other web platforms as a result of its aim to change the narrative. HexHash aims to build the necessary infrastructure to support the widespread adoption of Web3 technology. It aims to accomplish this by offering credential data networks and onboarding infrastructures. One of HexHash goals is to empower individuals to participate in various activities and earn cryptocurrency rewards. In addition, it aims to build a platform where developers will have access to customizable Web3 data tools to enhance their development efforts. Below are numerous ways in which Hexhash aims to impact the our internet usage as it supports web 3.0 development.

The Problem of Identity Theft

Currently, identity theft is a growing problem in this internet age. It seems that criminals are using increasingly ingenious methods to gain access to our private and valuable personal information. If you are familiar with the use of computer, the chances are that you may have heard the term ‘phishing’. Fraudsters and cyber criminals make use of information gathering techniques known as phishing.

Phishing attacks employ social engineering and technical trick in the attempt to obtain an individual's personal identity data and financial account information. Social-engineering schemes use fraudulent e-mails which attempt to direct consumers to counterfeit websites, often perfectly replicating legitimate business sites to trick recipients into releasing financial data such as credit card numbers, account passwords, usernames and social security numbers. When the person succeeds in getting the individual account number, credit card or other vital information to the point that he /she can use it to steal the victims money, it means the person have stolen the victim’s identity.

Identity theft is the theft of your personal information, such as social security number, driver's license number, credit card and bank account numbers, mother's maiden name, and more, with the intent to obtain credit and credit cards from banks and retailers, steal money from the victim's existing accounts, apply for loans, establish accounts with utility companies, rent an apartment, file bankruptcy or obtain a job using the victim's name. The social media platforms are one of places where criminals access to enable them acquire the unsuspecting victims data and use it to steal from him or her. Our current wed type, Web 2.0 facilitates the use of social media in such a way that internet fraudsters have easy access to people’s data. Hexhash have come to change the narrative by supporting the development of web 3.0 in such a way that such crimes like Identity Theft can be brought to an end.

Hexhash ID: Potential to Curb Identity Theft

Hexhash ID is a unique feature that has the potential to solve the problem of Identity theft. Hexhash ID allows users to verify their identity on the platform. Users can link their Hexhash ID to their wallet address and verify their identity using government-issued documents such as passports or driver's licenses. This feature provides an additional layer of security and ensures that users are who they claim to be.

Hexhash ID enables users to keep and display their credentials and improve their experience. You can have a username that identifies you across many wallets and blockchains with HexHash ID. Your accomplishments and credentials from the Web3 can be displayed.

In addition, developers can include the HexHash ID toolkit to provide users with personalised features based on their digital credentials and on-chain activity. This will greatly expand the future of Web3 and its capability. HexHash will be introducing more capabilities and features as time goes on.

The Problem of Fraudulent DApps

With the popularity of Decentralised Finance (DeFi), Decentralised Applications (DApps) have become very popular in the crypto space. In recent times, there are some decentralised apps built purely to defraud unsuspecting victims of their money. Once the unsuspecting victim connects his or her wallet to them, it has the capability of siphoning, in some cases, all the tokens in the victim’s wallet. Currently, except for the popular Dapps, it is difficult to differentiate between good and bad DApps. This is where Hexhash DApps comes in.

Dedicated HexHash DApps

Hexhash DApps platform will enable building dedicated and trusted dapps for specific requirements. Users and developers will be able to build with Hexhash Dapps. Partners that are verified by HexHash will be able to launch dedicated Web3 decentralised apps (DAPPs) on HexHash platform, which will further increase engagement and growth of Web 3. Dedicated HexHash DAPPs are developed based on the particular requirements with a greater flexibility and integration across different platforms. Hexhash DApps is a new dawn in the Web 3.0 space.

Hexhash DApps is for the community. It incorporates the use of Hexhash token and is community-driven. It is governed through decentralized decision-making mechanisms such as DAOs (decentralized autonomous organizations). The community is important as far as Hexhash is concerned.

Building Community of Hexhash Enthusiasts

Hexhash will build community of enthusiasts through recognition and engagement programs. Hexhash recognises the importance of the community, and as a result, it seeks to create a dedicated crypto community that will be focused on engagement, learning, and ecosystem development.

Hexhash Token, HEXH

HEXH is the native token of the Hexhash ecosystem. HexHash aims to build Web3 infrastructure to power the future credential data networks. $HEXH is an important part of this ecosystem as it will function as governance, reward and primary payment token. HEXH is a very important token as it will be used in the Hexhash ecosystem to perform a lot of activities. It will function as governance, reward and primary payment token.

As a governance token, the community of holders can vote, control the treasure funds spending and implement new ideas via the proposals. The token will be used to pay for implementation fees. Developers who aim to utilize HexHash credential data network will be charged a fee. The token will also be used to reward users for programs on the platform- such as rewarding participation, incentivizing, and partaking in community events.

Hexhash token will be used to reward special communities through its fairdrop program. The $HEXH fairdrop aims to reward Cosmos, Arbitrum and zkSync communities.

Leveraging the Blockchain Technology

Hexhash being backed by blockchain technology, have numerous advantages over other websites. The use of blockchain technology ensures that all transactions are transparent and publicly verifiable, promoting trust and accountability on the platform and the entire ecosystem. Transactions on a blockchain-based platform are secured through cryptographic algorithms, providing a high level of security and reducing the risk of fraud or hacking.

Hexhash is a decentralized platform of which its decentralized governance model promotes inclusivity and community-driven development. Decentralization ensures that no single entity has control over the platform, promoting inclusivity. Hexhash platform is easily accessible. Being accessible is another unique quality of the platform. Blockchain-based platforms are accessible to anyone with an internet connection, providing a level playing field for users regardless of their location or financial status.

Tokenomics

Hexhash token, HEXH is the native token of the Hexhash ecosystem. HEXH will function as governance, reward and primary payment token.
Token Name: Hexhash
Token Ticker: HEXH
Total Supply: 800,000,000 HEXH

Token Allocation

Ecosystem Treasury: 40% of the total supply
Team: 25% of the total supply
Community: 20% of the total supply
Private Sale: 10% of the total supply
Initial Distribution/Bounty: 5% of the total supply

Conclusion

Web 3.0 is the next evolution of the internet that promises to create a more intelligent and decentralized web. It is designed to provide enhanced security features, such as encryption and decentralized storage, to protect user data and prevent unauthorized access. It will enable the development of more intelligent applications that can learn and adapt to user behaviour, making the web more personalized and efficient.

Hexhash has taken the bull by the horns by standing out among other web platforms to support the development of web 3.0. Hexhash offers numerous benefits to users – ranging from transparency, security, trust, accessibility and decentralisation. The use of blockchain technology ensures that all transactions on Hexhash are transparent and publicly verifiable, promoting trust and accountability.Transactions on Hexhash platform are secured through cryptographic algorithms, providing a high level of security and reducing the risk of fraud or hacking. The Hexhash ID feature help build trust between users, reducing the risk of fraud, identity theft or illegal activity. Decentralization ensures that no single entity has control over the platform and promoting inclusivity. Blockchain-based platforms like Hexhash are accessible to anyone with an internet connection, providing a level playing field for users regardless of their location or financial status.

For more information about Hexhash, please visit the following websites:

Website: https://hexhash.xyz/
Documents: http://docs.hexhash.xyz
Discord: https://discord.gg/x5AcQ65Dtb
Telegram Group: https://t.me/HexHash_English
Twitter: https://twitter.com/Hexhash_xyz
Bitcointalk Campaign: https://bitcointalk.org/index.php?topic=5447656.0
#HEXHASH $HEXH #WEB3 #CRYPTO #LEARN2EARN @Hexhash_xyz

Author’s Information:

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