HCX PAY - Private Contracts and Smart Contracts that Power Applications and Consumer Markets

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The ability of the PAY HCX Platform

HCXP peer-to-peer personal payment wallet

The HCXP network will initially be launched with a simple Linux-based command line wallet to send and receive HCXP for miners and stakeholders for general use and testing.

This wallet will be released with daemons and other components through our Docker image in the warehouse's public Docker Hub. Wallets can also be used by miners with HCXP daemons to store mined tokens.

In conjunction with a web-based virtual mining node system, HealthCombix will release a platform for non-technical miners to store the tokens they produce and send and receive 24/7 tokens from any device via the web.

The HCXP product roadmap includes wallet development for various platforms including Windows, MacOS, iOS, and Android. HCXP mining, decentralization, and virtual nodes To achieve a broad and decentralized distribution of the HCXP node, HealthCombix is ​​building a Docker-based node distribution system to simplify the installation and operation of HCXP nodes for miners and future corporate users.

In addition, virtual node mining and web wallet systems are being developed for non-technical users who are interested in supporting the growth of the HCXP network and mining for HCXP.

The virtual mining node system uses the exclusive multi signature wallet system integrated with the wallet and web-based platform for the sale of (virtual) hosted mining plans.

This system dynamically provides mining accounts and wallets in several cloud partner systems in geographies around the world with excessive backup key management. Tokenisation and health services When the standard blockchain tokensization appears, the HCX PAY platform will do so token generators to codify alternative payments such as bundling

and packaging, disease management programs, device management, and provider strategies and patient prizes. When discussing tokenization and blockchain, the most common types are tokens currently called utility tokens in the form of standard Ethereum (ERC-20) tokens.

while many of these tokens actually do not provide any value or utility, there will be several applications and decentralized protocols that will, and further challenge and change traditional industries including health care.

An asset-backed token is a blockchain token that is connected to real evidence or intangible objects that have economic value. Some are equivalent (often referred to as utility tokens) and non-commensurate assets (ERC-1265) are supported by tokens that can represent various real-world assets (contracts). Non-equivalent means that one unit is not the same as other similar units; two emeralds from

the same dimensions are still not interchangeable. An asset-backed token basically digitizes an asset and records related information on the blockchain.

For example, medical devices can have digital records, not paper ones. Tokens that represent certain medical devices can be created that will store information about the device, such as ownership / history / maintenance, and anything else desired. Tokens can be easily transferred to other owners when the device is sold. The potential for tokenisation of tangible and intangible assets will create new opportunities for the development of new markets to improve asset management, ownership transfer, and transparency and price discovery.

Redefining healthcare with tokens that can be determined will help reduce asset management costs (people, services, and procedures), reduce contract friction, and provide payment terms for various payment, shipping and monetization data scenarios.

Data privacy, proxy encryption, and payment

HealthCombix believes giving patients ownership and control over their own medical data in a decentralized system is very important for the long-term security, safety and well-being of patients. Although highly replaceable and centralized medical records, such as Epic, are unlikely to occur in the near future, we believe starting with the decentralization of private ownership of health records is a case of good use of evolution for distributed networks.

Decentralized recording services are only feasible if the data always remains properly encrypted but can still be shared with many parties, including medical providers, applications, insurance companies, medical researchers, or even other patients. With the NuCypher proxy encryption blockchain network, a HealthCombix security ecosystem Partner, prospective patients using the PAY HCX Wallet data that combines the NuCypher re-encryption network, can encrypt and store any medical records by encrypting their own keys and then uploading their encrypted records to data their mesh choices like IPFS or AWS. A patient who wants to provide access to a health care provider can create a new encryption key using the public key and health care provider issues to the NuCypher Network.

The network will use a re-encryption key to change encryption on medical records, so that health care providers can decrypt them using their own private key. The patient can remove access to the health care provider at any time by issuing a revocation request to the NuCypher network. At that point, service providers can no longer decrypt encrypted records. HCX PAY is currently researching the integration of NuCypher networks with the HCX PAY protocol in the form and conditional charge to improve overall patients and experience providers.

Technology for Blockchain and CryptoNote Algorithms

CryptoNote algorithm

This part of the white book highlights key basic abilities

introduced by the original maker algorithm. iii, ii The CryptoNote Algorithm (Night) and derivative modifications are openly open source licenses and have been adopted and entered into HCX PAY. This forms the basis for a well-tested core of cryptocurrency. White CryptoNote paper was released in 2013 with the next derivative of improvements from various projects such as Monero, Bytecoin, Graft, etc.

Non-traceable payments and ring signatures The conventional digital signature verification process requires a public key from the signatory. This is a necessary condition, because the signature proves that the creator has the appropriate secret key. But this is not always an adequate condition such as with a public network where creators want privacy and confidentiality from third parties who oversee sensitive business or medical transactions or health care. As an example.

Ring signature is an advanced signature verification scheme that requires several different public keys for verification. Rings represent groups of creators or individuals / entities that have private and public key pairs. The ring verification scheme proves that the signatory.

given a message, for example, a transaction, is a member of the ring, but the verification will not be able to determine the correct identity (public key) of the signed one. Ring signature is used to make PAYMENT transactions HCX cannot be tracked by using another member's public key in the ring signature that is applied

transaction.

This signature ring application proves that the creator

HCX PAY transactions are eligible to spend the amount in the transaction. This approach proves that the creator of the transaction is worth spending the amount specified in the transaction, but his identity will be indistinguishable from the user whose public key he uses on his ring signature.

Even though your public key might appear on someone else's signature, its use is only for confusion. In addition, if two parties make ringing signatures with the same set of public keys, signatures will be different because each private key is unique.

Transactions that cannot be linked

Usually, when you post your public address, anyone can check all your incoming transactions even if they are hidden behind the ring signature. To avoid linking, you can create hundreds of keys and send them to your payer privately, but that makes you uncomfortable having one public address. (2) iv CryptoNote resolves this dilemma by automatically creating several unique keys, which come from a single public key, for each p2p payment. The solution lies in the smart modification of the Diffie-Hellman exchange protocol.

Initially it allowed two parties to produce a public secret key that came from their public key. In our version, the sender uses the recipient's public address and his own random data to calculate the one-time payment key. The sender can only produce public parts from the key, while only

the recipient can calculate private parts; therefore the recipient is the only one who can issue funds after the transaction is done. He only needs to do a single formula check on each transaction to determine whether it belongs to him. This process involves his personal key; therefore, no third party can carry out this check and find a link between one key generated by the sender and the recipient's unique public address. An important part of our protocol is the use of random data by the sender. It always produces a different one-time key even if the sender and recipient both remain the same for all transactions. This is why the key is called "one time". In addition, even though both are the same person, all one-time keys will also be unique. 

Standard CryptoNote Transactions

Transaksi CryptoNote HCX PAY standar dihasilkan oleh urutan berikut yang tercakup dalam buku putih 2013:

• Bob memutuskan untuk mengeluarkan output, yang dikirim ke kunci publik satu kali. Dia membutuhkan Extra (1), TxOutNumber (2), dan kunci pribadi Akunnya (3) untuk memulihkan kunci privat satu kali (4).
• Ketika mengirim transaksi ke Carol, Bob menghasilkan nilai Ekstra secara acak (5). Dia menggunakan Extra (6), TxOutNumber (7) dan kunci publik Akun Carol (8) untuk mendapatkan kunci publik Output-nya (9).
• Dalam input, Bob menyembunyikan tautan ke Keluarannya di antara kunci asing (10).
• Untuk mencegah pengeluaran ganda, ia juga mengemas gambar Kunci, yang berasal dari kunci privat satu kali (11).

ROADMAP

Network Conditions and Economic Tokens

HCXP Token

The token used on the HCX PAY blockchain is called HCXP. HCXP is a usage token or utility. Transactions from one HCXP account to another only last a few seconds. This is an intrinsic token because, like Bitcoin, it is used to write to the blockchain by paying transaction fees. Transaction costs depend on the number of inputs, outputs, and rings

size. Because of "ring signature technology," transaction costs are much lower compared to Bitcoin. HCX PAY network attribute

• Consensus: Proof of work (POW)
• Hash algorithm: CryptoNight
• Block creation time: 60 seconds
• Circulating Supply: 500 Million HCXP
• Total Supply: 2 Billion HCXP

Supply allocation

HCX PAY Mainnet was launched on November 9, 2018. The outstanding supply was allocated as follows:

• Founder / Team: 125,000,000
• Advisor / Vendor: 50,000,000
• Future Airdrop: 175,000,000
• Future Sales: 125,000,000
• Company Reserves: 25,000,000

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