A*STAR’s IHPC and HeLa Labs Partnership

HeLa Labs are thrilled to announce our partnership, with A*STAR’s Institute of High Performance Computing (IHPC) to develop a Layer 1 blockchain network. This collaboration represents a step in our mission to drive innovation and technological progress in the world of blockchain with the ultimate goal of widespread adoption.

Together with the IHPC team we are leading the way in creating a architecture that separates the consensus, execution and storage layers. We are pushing the boundaries of technology by incorporating cutting edge confidentiality protection technologies decentralized digital identity systems, transaction fees based on stablecoins a wallet compatible with EVM (Ethereum Virtual Machine) an easy to use blockchain scanner and a robust tokenomics mechanism. These features will not enhance the blockchain ecosystem but also unlock numerous opportunities and new possibilities for its applications.

One exciting aspect is the anticipated increase in transaction speed. This improvement will not save time but also boost transaction efficiency, which is especially beneficial for industries, like Artificial Intelligence (AI) and Fintech. Moreover our blockchain implementation will incorporate data security mechanisms that will strengthen trust and security throughout the network.

Our mission and our plans are, in line with Singapores Research, Innovation and Enterprise (RIE) 2025 plan. The successful development of this next generation Layer 1 blockchain network holds promise. It has the potential to boost growth generate job opportunities and expedite the advancement of technology. This impact will facilitate adoption of technology across various sectors such as finance, healthcare and sustainability.

HeLa Labs is driven by a determination to push the boundaries of technology. We firmly believe that we can overcome challenges. We acknowledge the potential of technology and how it can fundamentally transform industries.

Our partnership with IHPC signifies our commitment to collaborating with leading institutions and experts in this field. IHPCs expertise complements our vision. Together we aim to create a network that sets new standards for the industry. In the run we view this collaboration as a shift in the world of blockchain—one that may inspire others to pursue similar innovations and partnerships for a better future, in blockchain technology.

Moreover the extensive acceptance of our blockchain can open doors for the emergence of applications, establishment of standards and technological progress. These advancements will play a role, in fostering the growth of blockchain technology. This progress will not be advantageous, for HeLa Labs and IHPC. It will also benefit the wider blockchain community and the industries it impacts.

Carina Caringal
Author | + posts

Hi, I'm Carina, and I've been captivated by the world of web3 for as long as I can remember. Ever since I first dipped my toes into this innovative technology, I've found myself drawn to exploring and understanding its infinite potential. The complexities of layer 1 solutions particularly intrigue me, as they form the foundation of decentralized networks and pave the way for a more transparent and efficient digital landscape.

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