HAPI Protocol is coming to Polygon

Published on: 23.07.2021

HAPI will integrate on Polygon to ensure the security of funds and prevent anti-money laundering schemes.

The cybersecurity protocol HAPI will be integrated on Polygon! Cybersecurity space has long been an overlooked issue despite the onslaught of malicious players entering the crypto space. This coupled with an indomitable number of emergent rugpulls is exactly what HAPI sets out to preclude.

Polygon is one of the leading full stack ethereum scaling solutions in the market and since HAPI strives to achieve total cross-compatibility and be useful across all chains, it’s only reasonable to start with Polygon.

Despite the robust security layer that is endogenous to Polygon blockchain infrastructure, there is still a niche to be filled when it comes to shielding off dApps and DEX platforms from propagation of fraudulent activities. Since HAPI has already partnered and integrated its token into Solana Blockchain together with already embedded solutions into Ethereum and Binance Smart Chain, Polygon’s unprecedented growth and relevance in the space will enable and add to an even wider range of cybersecurity safety.

The mission of HAPI is to rectify a cornucopia of issues that are entrenched in the current DeFi space. The approach HAPI takes does differ from the current solutions on the market. The differentiating points are both visible from the technical standpoint and community side of things. From the technical standpoint, HAPI incorporates a slew of preventative solutions that will inhibit exploits from transpiring beforehand. This also involves the utilization of the cybersecurity audit database by virtue of which malfeasance and maliciousness can be impeded in a timely manner. It is better illustrated in the following example: A particular DeFi is about to be a subject of a malicious exploitative attack. To aid in preventing the above-mentioned invasion, HAPI utilizes the combination of smart contract integration (SC) and Oraclization (oracles that are used on-chain). Before the attack has even been engendered, HAPI, with the help of off-chain dataprovider, can detect, mark, and delineate the potential threat of a particular address, by incorporating oracles specifically engineered, or programmed if you will, to preemptively act on the danger that a particular address poses. In this vein, a nascent calamity can be eluded against the clock.

Integration in the Polygon commit-chain will allow for a faster and more prompt response from dataprovider, leveraging higher throughput of Polygon will make it easier for HAPI to timely detect and notify/freeze the incoming malicious intrusion or preemptively avoid it from happening.

Learn more about HAPI here

Website

About HAPI

HAPI is a set of cross-chain smart contracts that are embedded into DeFI products that allow them to reach a new security level. Also, HAPI’s Oraclizing and DAO system delivers SaaS in the DeFi environment that prevents hack attempts.

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About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~13.5M+ unique users.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

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SOURCE: https://medium.com/i-am-hapi/polygon-and-hapi-d7a7d9dcf1

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