'Creating DApps Can Be Simple': Platform to Bring Decentralized Economy to Mass Adoption

A new project from Dubai, HetaChain, is developing a universal blockchain platform with "Industrial scale computational capabilities." The project is intended to make blockchain more easy-to-use and flexible for regular users and developers.

HetaChain aims to help governmental services, businesses, and organizations create decentralized applications and integrate them into different industries, such as banking, e-commerce, robotics, and healthcare.

The new Heta Blockchain 3.0 Platform, launched in 2018 by Relam Investment and its founder, Sultan Ali Rashed Lootah, runs a hybrid of the Delegated Proof-of-Stake and a Byzantine fault tolerance consensus mechanisms which are designed to bring security to fight against cyberattacks.

The core element of HetaChain is Mainchain, the place for storing all of the public tokens.

For users without the knowledge of developing DApps, the platform offers ready solutions in the DApp Store.

There will be one more Relam Investments' project powered by HetaChain technology and based on the smart contracts.

Relam Investments will offer logistics services which are "Fast and easy to use."

The co-founders of the project are Mr. Ali Juma AlAjme - director of the United Arab Emirate's Ministry of Health and Prevention's IT Department, and Duy Phuong Nguyen, the vice chairman of Relam Investment.

Recently, Relam Investments announced their plan of expansion to India.

The company said it will start with initial investment of around $250 million in technology startups and real estate projects.