1. What is HYFI Blockchain?
Hybrid Finance Blockchain (HYFI) is a Legally-compliant Permissioned Layer-1 Blockchain.
HYFI is a Wyoming, US-based project and is part of the Government of India Sandbox at GIFT City.
HYFI has 1 use case only. And that is to tokenize the multi-trillion dollar illiquid assets sector.
According to Boston Consulting Group (BCG), the total size of illiquid asset tokenization globally will be $16 trillion by 2030.
2. HYFI metrics
Type: Permissioned
Layer: 1
Block time: 2 seconds
Storage limit: 64 MB / transaction
Speed: 1,000 tps
Integration: JSON-RPC API Cold Nodes: Available
Consensus: Distributed consensus between identified block validators.
Legal Compliance: KYC, AML, CFT, Consumer Protection, Data Privacy, Right-to-be-forgotten Regulations, and Freezing of Assets.
Data Privacy: Stream Read Restrictions, Fully encrypted p2p connections.
External private keys and multi-signatures for all transactions.
Hardware Security Modules: Supported
Smart Filters: JavaScript
Unlimited addresses, assets, streams, transactions, stream items, and nodes.
3. Legal & Regulatory Compliance
HYFI Blockchain has the highest level of Legal & Regulatory Compliance and it supports:
- Data Privacy
- Consumer Protection
- KYC (Know Your Customer)
- AML (Anti-Money Laundering)
- Right-to-be-forgotten Regulations
- CFT (Countering the Financing of Terrorism)
- Freezing of Assets based on orders from courts & enforcement agencies.