What is HOT? The Ultimate Guide to Understanding Cryptocurrency: Holo

Thursday, December 16, 2021 at 7:29pm

Holo is a decentralized hosting platform that enables fully-functional decentralized applications to serve mainstream Internet users. The platform provides the massively scalable crypto-accounting infrastructure required for these applications to be fully functional and usable.  It is the first of its kind in the world and will be used by mainstream users of the Holo platform in the U.S.

 

What is Holo?

Holo is a decentralized hosting platform that enables fully-functional decentralized applications to serve mainstream Internet users. The platform provides the massively scalable crypto-accounting infrastructure required for these applications to be fully functional and usable. 

 

How Holo works

The blockchain system on which Holo relies provides immutable storage of data as well as transparent transactions, meaning there is no central authority or server controlling access to information or transaction processing across a network. The Holo network also provides a high level of security through encryption, preventing third parties from accessing data without user authorization. Holo has been designed with usability in mind so that it can be easily adopted by mainstream internet users who are not typically familiar with how cryptocurrencies work or who may not be comfortable using them yet.  These are the following ways you can use Holo - for sending money between friends and family and for making purchases online from retailers like Amazon, Uber, Airbnb, etc.